USD SWIFT & FedWire Onboarding

This guide provides step-by-step instructions for onboarding customers to create and use USD accounts through the Align platform.

Required Documents for Business USD SWIFT & FedWire Onboarding

To complete the USD SWIFT & FedWire onboarding, our banking partner requires the following documents:

1. Certificate of Incorporation - The official document from the company’s registry confirming its legal formation.

2. Articles of Association - The legal document outlining your company’s governance rules, internal structure, and shareholder rights.

3. Register of Shareholders and Directors - An official list of all current shareholders and directors.

• Important: You must identify the Ultimate Beneficial Owner(s) (UBOs) who collectively hold 51% or more of the business. This can be a single individual with at least 51% ownership, or multiple individuals whose combined ownership meets or exceeds 51%.

1. Business Proof of Address - A document verifying your business location, dated within the last 90 days. Acceptable documents include a utility bill, bank statement, valid lease agreement, or a government-issued letter.

2. Proof of Source of Funds - Documentation showing the legitimate origin of the business's funds. Examples include recent bank statements, invoices, commercial contracts, or investment records.

• Important: The value shown in your documents must align with your anticipated transaction volume. For example, if you expect to transact $20,000 per month, documents proving only $2,000 in monthly revenue will not be accepted.

1. Financial Statements - The company's most recent official financial records, typically including a balance sheet, income statement, and cash flow statement.

We cannot onboard a business for USD SWIFT & FedWire Virtual Accounts unless all documents are provided.

We may require additional supporting documentation on a per-transaction basis to ensure ongoing compliance with our banking partners.