My application is for a corporate account. Whose name and address should be on the Proof of Residence?
The proof of residence submitted for a corporate account should indicate the name and personal residential address of the individual applicant or signatory rather than the name of the corporation. Additionally, Zenfinex must collect ID and proof of residence for all parties owning 25% or more of the applying entity.
What are the Articles of Incorporation?
Articles of Organisation state the purpose for which the company was formed, indicate the members of the company, and permissibility of company funds to be used in investments or other similar authenticating documents must accompany this application. This document should also include a breakdown of the shares of the company. If any shareholder owns more than 25% of the company, Zenfinex will require an ID and proof of residence from that individual.
How can I provide the breakdown of shares/Share Registry?
The corporate breakdown of shares or Share Registry should be within the official Articles of Organisation. Zenfinex does not establish account relationships with entities that issue “Bearer Instruments.” Bearer instruments are wholly owned by the person who physically holds the bearer document and the issuing firm neither registers the owner of the stock, nor tracks transfers in ownership. Please ensure that your corporate documents indicate that your entity is allowed to only issue “Registered forms of ownership.” You may send a digital copy of the Share Registry via email to [email protected]
Do you offer corporate accounts?
Yes, we do. Opening a corporate account is a simple process.
1) Complete your application online in minutes.
2) Once an application is received and processed, an account number will be sent by email within one to two business days. If you are issued a temporary ID, once the application is complete and funds are processed, a permanent account number will be sent.
3) Submit a government issued photo ID. This ID should also have the address listed on your application. You will be contacted if additional documents are needed.
4) Submit a certificate of incorporation, articles of organization and share breakdown.
What is a Certificate of Incorporation?
A Certificate of Incorporation (also known as Articles of Association) is a document usually filed with local government, chamber of commerce or other regulatory agency as evidence of business registration. This or other similar authenticating documents must accompany corporate applications.
What documents do I need to open a Corporate account?
A certificate of incorporation, articles of organization and share breakdown. If any shareholder owns more than 25% of the company, Zenfinex will require an ID and proof of residence from that individual.