KYC Details

Overview

For organizations that require licensing to operate their business, a copy of the relevant qualifying license should be provided e.g. Pharmaceutical manufacturing Companies, Pharmacies, Telecoms, Micro Finance Banks(MFBs), FINTECH, WEB merchant acquirers, Bureau De Changes (For BDCs and MFBs, Schools, Airlines, Hospitals etc.

note

In cases where the license is expired or about to expire, evidence of renewal action should be obtained in addition to the license

1. Certificate of Incorporation

2. Copy of Memorandum of Association

3. Copy of Form CAC 7 (Registered of Directors)

4. Copy of Form CAC 2 (Registered Shareholder)

5. Letter of Authorization to eTranzact to provide a defined service(signed by 2 of Directors)

6. Valid means of ID of at least 2 directors

7. Bank Verification Number BVN for at least two directors

8. Evidence of business address (Utility bill) for the company

9. Residence permit (for any non-Nigerian signatories and directors residing in the country)

10. SCUML Certificate OR email evidence of registration (for DNFBPs)

    info

    We require an Incorporation Document for any entity identified to have 5% or more shares in the customer's shares upon identification.