Why does Montonio need to collect documents in the registration process?
Payment providers are legally obligated to follow the AML (anti-money laundering) regulations to combat money laundering, prevent terrorist financing, and enforce international sanctions to prevent violations. When individuals seek to open an account with a payment provider anywhere in the world, they are required to provide personal information. The extent of information requested varies depending on the specific laws and regulations in each country.
As a financial institution, Montonio is obliged to follow the AML regulations and KYC (know your customer) principle. This means we need to gather certain documents during the registration process to ensure we know who our customers are.
What documents need to be provided?
Registration document or extract: the latest version of your company's registration certificate. The extract should have been issued no more than 6 months ago.
This is a mandatory document that we ask from everyone
Additional information and documents
However, our compliance department can ask for some additional information and documents about your business.
Where can I find those documents?
You can find those documents in your local business registry:
🇪🇪 Estonian business registry: https://ariregister.rik.ee/est
🇱🇻 Latvian business registry: https://info.ur.gov.lv/
🇱🇹 Lithuanian business registry: https://www.registrucentras.lt/savitarna/
🇵🇱 Polish documents and info can be found on: wyszukiwarka-KRS or Ceidg,gov.pl, https://crbr.podatki.gov.pl/adcrbr/#/wyszukaj
How do I find those documents?
If you feel that you are having trouble finding documents in your local business registry, then we have covered you with these guides:
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If you have additional questions and need our help, feel free to contact our support team via the chat in the bottom right corner.