For businesses in Italy 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:
- Chamber of Commerce Extract (Visura Camerale): This comprehensive document includes essential legal and economic information about a company, such as the business name, registered office, share capital, and administrative structure, as recognized by the Italian Chamber of Commerce.
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 (Contratto Operativo): Outlines the operational procedures, decision-making processes, and financial arrangements among members for specific business structures.
- Corporate Bylaws (Statuto Sociale): These bylaws detail the internal management of the company, including the roles, powers, and responsibilities of its officers and the board of directors.
- Partnership Agreement (Contratto di Partnership): Details the terms of the partnership, including profit distribution, management duties, and operational guidelines, specifically tailored for partnership structures.
- Articles of Incorporation or Organization (Atto Costitutivo o Statuto dell'Organizzazione): The foundational legal document that formally establishes the corporation or organization, outlining its purpose, shareholders, and governance structure.
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 (Indirizzo fisico dell'azienda): A utility bill or other official documents showing the business address are required to verify the company's physical location, ensuring it is tied to a real-world place.
Ensuring that these documents are in order and readily available will facilitate a quicker and more efficient process to complete your business verification process.