For businesses in Chile 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 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:
- Certificate of Incorporation (Certificado de Constitución): This is the official legal document that registers a corporation with the state in Chile. It signifies that the business is a separate legal entity, distinct from its owners, including critical details like the company's name, its legal representatives, and the registered address.
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:
- Articles of Incorporation (Estatutos): The foundational document of a company in Chile that formalizes its existence under Chilean law, outlining the company's internal governance, including roles and responsibilities of directors and the structure for company decision-making.
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:
- Document verifying the company's physical address (Documento que verifique la dirección física de la empresa): To verify the physical presence of the business in Chile, a recent document such as a utility bill (electricity, water), credit card bill, or bank statement dated within the last 3 months is required. It should reflect the business's address in Chile 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.