For businesses in Thailand 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:
- Certificate of Registration (หนังสือรับรองการจดทะเบียน | Nangsueh Rabrong Karn Jadtabean): This document is crucial for businesses in Thailand, acting as official recognition of a business’s legal existence. It includes vital details such as the business name, registered address, and information on its legal representatives.
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:
- Company Regulations (ข้อบังคับของบริษัท | Khor Bang Kab Kong Borisat): Outlines the 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:
- Utility bill, lease agreements, or bank statement: Documentation confirming the company’s operating address is required, typically demonstrated through one of these documents in the company’s name, showing the physical location of the business within Thailand.
Ensuring that these documents are in order and readily available will fac