For businesses in Switzerland 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:
- Excerpt from the Commercial Register (Auszug aus dem Handelsregister / Extrait du registre du commerce / Estratto del registro di commercio): This document provides official confirmation of the business's legal existence, detailing its registration, company name, and other critical legal information.
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 (Betriebsvereinbarung / Convention d'exploitation / Contratto operativo): Outlines the operational framework and agreements regarding the business's day-to-day operations and governance.
- Corporate Bylaws (Gesellschaftsstatuten / Statuts de la société / Statuto Sociale): Define the internal regulations governing the company, including management roles, decision-making processes, and the organizational structure.
- Partnership Agreement (Partnerschaftsvertrag / Contrat de partenariat / Contratto di Partnership): For partnerships, this agreement delineates the terms of operation, profit distribution, and managerial responsibilities among partners.
- Articles of Incorporation or Organization (Satzung der Gesellschaft oder Organisation / Acte constitutif ou statuts de l'organisation / Atto Costitutivo o Statuto dell'Organizzazione): Formalizes the establishment of a company or organization, including its purpose, structure, and capital investment.
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:
- Utility bill, Credit Card Bill, Bank Statement: To verify the physical presence of the business, a recent document (dated within the last 3 months) such as a utility bill (electricity, water), credit card bill, or bank statement is required. It should reflect the business's address and can be in the name of the company or one of its legal representatives.
Ensuring that these documents are in order and readily available will facilitate a quicker and more efficient process to complete your business verification process.