What is the Requirement To Open a RemitBee Business Account?

To open a RemitBee Business Account, there are specific requirements that need to be met to ensure compliance and security. Here's what you need to know:

Eligibility

• Ownership: You must be the owner or director of the business, listed on official documents.

• Business type: If your business is a Money Service Business (MSB), unfortunately, we can't open a business account for you. Please opt for a personal account instead.

• Business must be based in Canada

Documentation

The following documents must be submitted for verification:

• Official Business Registration: Proof of your business's legal registration in Canada.

• Proof of Address: Documents verifying the business address, such as utility bills or bank statements in the business's name.

• Proof of User Identity: Government-issued identification for the individual opening the account, to confirm their identity and role within the business.