For businesses in Bosnia and Herzegovina planning to join Bancoli to streamline their financial operations and global payments, the verification process is an essential step. It requires business documents that play a key role in complying with U.S. banking regulations.
The list below is tailored to help you understand the required documents and the type of information each document should contain in order to be accurately identified.
Important Note: We strongly recommend that you consult with legal counsel in your jurisdiction to ensure that you obtain the exact documents required for your specific business structure and location.
Legal Formation and Identification Documents
Initially, you will encounter a field requesting a "Certificate of Registration, Certificate of Incorporation, Certificate of Formation, Certificate of Organization, or a similar official document." Below are details for this fields options tailored to your jurisdiction:
- Certified Transcript from the Court Registry (Ovjeren preslik iz sudskog registra): This document confirms the registration of the company in the court registry and includes details such as the company's name, purpose, shareholders, and share capital.
Operational and Governance Documents
Second, you will find a field that requests "Operating Agreement, Corporate Bylaws, Partnership Agreement, Articles of Incorporation or Organization." Below are details tailored to your jurisdiction:
- Operating Agreement (Operativni ugovor): This contract outlines the business's financial and functional decisions including rules, regulations, and provisions specific to LLCs.
- Corporate Bylaws (Statut korporacije): Governing the internal management of a corporation, detailing roles and responsibilities, conduct of meetings, and other guidelines.
- Partnership Agreement (Partnerski ugovor): Details the arrangement between partners regarding operation, profit sharing, and management for partnerships.
- Articles of Incorporation or Organization (Akt o osnivanju ili organizaciji): Formalizes the establishment of the company, specifying internal governance and operational guidelines.
Proof of Physical Business Address
Third, you will find a field that requests "Physical business address (e.g., utility bill, credit card bill, bank statement dated within the last 3 months)." Below you will find more detail:
- Physical business address (Fizička poslovna adresa): A recent document such as a utility bill (electricity, water, phone) or bank statement in the company's name, showing the business address, to verify the physical presence of the business.
Ensuring that these documents are in order and readily available will facilitate a quicker and more efficient process to complete your business verification process.