For businesses in Morocco 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 in the Commercial Register (شهادة التسجيل في السجل التجاري | Extrait du Registre de Commerce): This pivotal document acts as the official recognition of a business’s legal existence in Morocco, containing important information such as the business name, registered address, and details 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:
- Corporate Bylaws (النظام الأساسي للشركة | Statuts de la société): This document outlines the internal governance of a company, including the roles and responsibilities of directors and the structure for company decision-making processes.
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 (إثبات عنوان الشركة | Justificatif de l'adresse de la société): To verify the physical presence of the business in Morocco, a document such as a utility bill, credit card bill, or bank statement dated within the last 3 months is required. This document must show the business's operating 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 with Bancoli.