To become a Verified Merchant please upload the following documents and information:
- Letter on company letterhead requesting to become a Verified merchant and confirming your business bank account details (Account Name, Account Number, Branch) signed by a director of the company
- Copy of ID for company director that signed above letter
- Proof of bank account in the name of the company e.g. stamped Bank Statement or letter from the bank which lists bank account number
- Copy of the logo you would like associated with the account.
To become a Verified Premium Merchant (for higher Visa/MasterCard limits) please upload the following documents and information:
- Letter on company letterhead requesting to become a Verified merchant and confirming your business bank account details (Account Name, Account Number, Branch) signed by a director of the company
- Copy of ID for two company directors
- Proof of bank account in the name of the company e.g. stamped Bank Statement or Letter from bank which lists bank account number
- A copy of our Terms and Conditions signed and each page initialed by a director of the company
- A copy of CR14 showing details of company directors
- Copy of the logo you would like associated with the account.
Please note that as of 1 August 2020 there will be a fee adjustment on our Nostro settlements.
Nostro settlement fees will be increased to USD8.50/settlement from USD5.00/settlement due to increased fees levied by the banks.
We understand this is a substantial increase and therefore offer you the option to increase your settlement threshold (current default is USD500) to an amount you are comfortable with.
Please click below to request a change to your settlement threshold.