What information do I need to provide for my Centtrip account application?
To verify your legal entity, we will require information about:
- Your company or organization;
- The individuals associated with that organization and;
- Your bank account (when required for moving funds to and from your Centtrip account)
1) Company Information
The following information/documentation is mandatory:
- Company legal name
- Company trading name, if different from legal name
- Company type
- Country of incorporation
- Tax ID number
- Registered address
- Principle place of business (if different from registered address)
- Date of incorporation
-
Business registration document. This must be:
- Issued by a reliable, independent source such as the local commercial register of the country where the business is registered in.
- Issued within the last one year. Or it must contain a signature and a state of affairs with a date not older than one year.
We may also request additional company documentation:
-
Proof of address, such as a:
- Bank statement dated within 3 months
- Utility bill (gas, water, electricity, landline) dated within 3 months
- Government issued document e.g. tax document, lease agreement (valid of current year)
-
Tax documentation - i.e. documentation which has been filed at the local taxation register, such as a registration form or confirmation of tax position issued by local tax authorities. This needs to identify:
- Company legal entity name
- Doing business as name (if applicable)
- Tax number
- Date of issue or state of affairs (cannot be older than 1 year)
2) Bank Details
The following information/documentation is mandatory:
- Account name
- Account number
- Account type
- Bank name
- Routing number
- Purpose of payments
- Purpose of payments description
- Bank statement. Must be/contain:
- Dated within 3 months
- Bank logo or bank name
- Bank account details
- Name of the account holder
3) Associated Individuals
We need to verify the identity of certain individuals that are associated with the organization. We refer to these individuals as Ultimate Beneficial Owners (UBOs) and Signatories. You can reference the table below for criteria on how to identify them, and the minimum number of individuals required for each type.
| Types | Criteria/Definition | Number Required |
|---|---|---|
| UBOs through ownership | Individuals who directly or indirectly own 25% or more of the total shares, voting rights or other equity in the organization. | Between zero to four. We require information about all individuals that fit this criteria. If no one owns 25% or more of the organization, then information must be provided about a UBO through control (see below). |
| UBOs through control | Any individuals who exercise ultimate effective control in making decisions for the whole company. If such an individual cannot be identified, then members of senior management must be identified as UBOs through control. | At least one. This is required if no one fits the criteria of UBO through ownership or if your user is operating in the U.S. |
| Signatories | Officers or representatives who legally represent the organization and are authorised to enter a binding agreement with Centtrip on behalf of their organization. | At least one, however, all signatories must identified |
Required information will vary for US and non-US nationals:
| Required Information | US Nationals | Non-US Nationals |
|---|---|---|
| First and last name | YES | YES |
| Date of birth | YES | YES |
| Nationality | YES | YES |
| Identification type | YES | |
| Identification number | YES | |
| SSN | YES | |
| Residential address | YES | YES |
| Job title | YES | YES |
| YES | YES | |
| Phone Number | YES | YES |
| % ownership | YES | YES |
| Passport Image* | YES |
* Passport image must be of a non-expired passport, in colour and with a visable MRZ.
We may also request proof of residential address.
Suitable documents include:
- Bank statement dated within 3 months
- Utility bill (gas, water, electricity, landline) dated within 3 months
- Government issued document, e.g. council tax bill, tax return (valid for current year)
4) Submitting your application
Once you have completed your application you will be taken to the Confirmation Page which summarises your information. Please scroll down to the bottom of the page to accept the terms and conditions and submit your application. Our team will review your application and respond within 2-3 business days.