Preparing KYC Document for Account Opening

Preparing KYC Document for Account Opening

This article is to guide users on the necessary documents to open an account with PIK.

To set up an account, you would need to prepare the following documents:
  1. ID of Legal/Authorised Person/UBO Official Government Issued ID
  2. Supportive ID Documents
  3. Certificate of incorporation
  4. Supportive Business Documents 

1. Business Information 
Certificate of incorporation 
Sample:


Supporting Business Documents
  1. State/Government owned agency issued business extract with business address, shareholders and director information
  2. Company's memorandum and articles of association
  3. Details of the ownership and structure control of the company
  4. Proof of Address of  (No PO Box address)
    1. this can be utilities bills or bank statement within 3 months of submission
  5. 3 photos of the business store/website/office (with company logo)
  6. Copy of trust deeds if a Trust (must show list of beneficiaries)
  7. Business compliance documents
  8. Authorisation letter 

2. Personal Information
Ultimate Beneficial Owner (UBO)
Ultimate Beneficial owner is the individual who owns or controls, directly or indirectly, including a trust or bearer shareholding, more than 25% of the issued share capital of the corporation.

Legal Person / Authorised Person
Legal person or authorised person is authorised to act on behalf of the business.

Personal ID
Please provide images for government issued official ID with photo. This can be passport, national ID or driver licence (if applicable).

Note: Please make sure that the ID photo is clear, with complete edges, no occlusion, no reflections, no watermark, etc. and, it is highly recommended to lay the document flat and shoot vertically in a well-lit place.

Sample of valid ID:
1 Passport
hk_passport.png

2 Driver Licence  - e.g. Australian Driver Licence
Please provide the front and the back of the diver licence.
AU_id_FR.jpg

AU_ID_ba.jpg

Supporting ID Docuements
  1. Picture of person holding his/her official government issued ID
  2. Proof of Address of person submitting the official government issued ID (No PO Box address)
    1. this can be utilities bills or bank statement within 3 months of submission


    • Related Articles

    • Why should I use PIK Finance?

      Going global with your business doesn’t have to be costly, slow, and complex. No matter is you’re a business that’s scaling, or a innovative platform ready to create your own financial product while looking to save time and money , PIK Finance is ...