Business Account Requirements for Sole Proprietorship

Master business license: Alternatively, a copy of your Master Business License can be used.

Note: If your business operates under your personal name (e.g., “Jane Smith”) without a different trading name (like “Jane’s Flowers”), you might not need to register your business name. However, if you have a different trading name, evidence of registration is necessary.

In this case please: put your business number from your GST number

Without a GST number, your enterprise might not qualify for a business account, and you may need to open a personal account instead.

Identification requirement

Government-issued ID: Present one piece of original, valid, and current government-issued photo identification, or two valid and current documents from independent and reliable sources confirming the identity of the owner.

Additional documents for businesses operating over 12 Months

• Latest Business Notice of Assessment

• Current Liquor License

• Health and Safety Certificate (Restaurants)

• Vendor’s Permit

• Current utility bill or invoice to business

• Other current and valid government-issued document

Having these documents ready will expedite the process of opening your RemitBee Business Account and ensure that all regulatory requirements are met. If you need further assistance or have questions about the process, RemitBee’s customer service is available to help.

Also read: What is the Requirement To Open a RemitBee Business Account