It is a statutory requirement for all financial services firms in the UK to confirm a client’s identity and address to assist in the prevention of financial crime and fraud. As a result of these regulations we will only be able to open an Account for you once the required information and the relevant documents have been provided. This section will help you to ascertain which documents are required.

Regulations require us to verify the identity of all account holders and signatories for each new account. To do this we require a copy of an identity document from each individual. The document must be one of the following:

  • Passport
  • Photocard Driving Licence
  • Original Paper-only Driving Licence
  • Inland Revenue Tax Notification (must contain National Insurance Number) dated within the last 12 months
  • Communication from the Department of Work & Pensions dated within the last 12 months

As detailed in our Terms & Conditions, we will carry out identity checks from reference agencies based on the information provided and we reserve the right to request additional documentation.

Please also refer to our Privacy and Cookies Policy on how we will use personal information received from you.

Listed Corporates

  • Board resolution authorising the opening of the account and conferring authority on those who are to operate it (Section I of the application)
  • Confirmation of listing on a Recognised Stock Exchange (LSE, NYSE, Euronext etc)

Unlisted Corporates

  • Certificate of Incorporation
  • Evidence of registered address
  • For subsidiary companies, an ownership structure chart
  • List of directors and principal shareholders (ultimate beneficial interest of 25% or more)
  • Evidence of identity of at least two directors (unless sole director) and ultimate beneficial owner(s)
  • Latest copy of the annual report and accounts
  • Board resolution authorising the opening of the account and conferring authority on those who are to operate it (Section I of the application)

Trust

  • Evidence of identity of all Settlors, Trustees, Controllers or parties who have the power to add or remove Trustees and Beneficiaries
  • Evidence of identity of Beneficiaries with 25% or more capital interest
  • Evidence of any corporate Trustees (regulated Corporate trustee firms need to provide details of their regulatory body and unregulated firms refer ‘Unlisted Corporates’ above)
  • Confirmation from the Trustees that there are no anonymous principals or beneficiaries
  • Trust deed and any supplement thereto
  • Resolution of the Trustees authorising the opening of the account and conferring authority on those who are to operate it (Section I of the application)

Charity

  • List of Trustees
  • Evidence of identity of at least two trustees, one has to be the signatory to the Resolution
  • Copy of the latest annual report and accounts
  • Resolution of the charity authorising the opening of the account and conferring authority on those who are to operate it (Section I of the application)

Partnership

  • Copy of the partnership agreement
  • Evidence of identity for each partner

Open your business account here