Which documents do I need to supply?

Mon, 12/18/2023 - 09:03

Which documents do I need to supply?

All regulators require us to verify the identity of all applicants, so we’ll ask you to submit the following:

Onboarding process for Individuals and Corporate

The onboarding process for individuals and corporates does differ, see the breakdown below;

For Individuals

Documents

Format

Requirements

Note

Preferred
Passport

Can provide but is not guaranteed it will be accepted

Drivers License
National ID Card

JPG/PDF

Must be valid
Must show the full name
Must show the Date of Birth
If the document is two-sided, please upload both sides of the document.
The uploaded document format should be of high quality.
The document should be issued by the government.

National ID card may be accepted but we cannot guarantee

OTMS does not accept driver's license as proof of ID

Bank Statement

JPG/PDF

We require these documents to understand the structure of the company and the individuals behind the company that would need to be verified. Examples of these documents can be found in the Examples of documents (previous column)

If all of this information can be established in one of the three documents – only that one document is needed.

This is to ensure there are no changes to corporate structure

For Corporates

Documents	Examples of documents	Requirements	Note
Corporate Composition	Certificate of incumbency Articles of Association Company extract From the relevant company registers	We require these documents to understand the structure of the company and the individuals behind the company that would need to be verified. Examples of these documents can be found in the Examples of documents (previous column) The documents provided must be the most recent	If all of this information can be established in one of the three documents – only that one document is needed. This is to ensure there are no changes to corporate structure
Corporate Financial Information	Corporate Bank Account Statement	The document should have been issued within the past 6 months. Must show name, address and bank details Must match the account you wish to be paid into. The uploaded document should be of high quality.	Document must be on headed paper or we need to be able to identify the document is genuine
Beneficial Owners ID and Proof of Address of directors or shareholders who hold 25% or more	Passport Drivers License National ID Card AND Bank Statement Utility Bill	Must be valid Must show the full name Must show the Date of Birth If the document is two-sided, please upload both sides of the document. The uploaded document format should be of high quality. The document should be issued by the government.	We may be able to accept an ID that also shows the address

Note: We may require additional documentation. Your Partner manager will advise you if needed.

To ensure your documentation is accept, follow these steps below to provide quality images;

1. Documentation should be laid on a flat surface (best on a dark surface)

2. Take a photo directly above the documentation

3. Avoid glares, shadows or using flash

Documents we can and cannot accept

Passport

Bank Statement

Stages
Once we have received all the correct documentation, your Partner manager will submit your application to our onboarding team. Below you will see the stages your application will go through before you are ready to start promoting.

Documents Received and reviewed
Terms and Conditions sent for signature
Content approval
Any content on OANDA will need to be pre-approved before going live. To make sure this is a seamless process ensure your content is in line with our Marketing Guidelines
Start promoting