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What documents are required for Kenyan business verification?
What documents are required for Kenyan business verification?
Updated over a year ago

To verify your Kenyan business for FX trading with our company, you will need to provide the following documents:

  1. Incorporation Documents (CR12) not older than 90 days: This document is issued by the Registrar of Companies and provides official proof of your business's incorporation status.

  2. Company KRA (Kenya Revenue Authority) PIN Certificate: The KRA PIN is a unique identifier for tax purposes. Providing this certificate verifies your business's tax compliance.

  3. I.D. Card (both sides) or International Passport - for all directors: Copies of valid identification documents, such as National Identity Cards or Passports, for all directors of the company.

  4. A canceled cheque or Bank reference letter (Corporate Account details): A canceled cheque or an official reference letter from your corporate bank account verifying your business's banking details.

  5. A verifiable website URL: If your business has an online presence, provide the URL of your website to showcase your nature of business and activities.

  6. Business Profile detailing your nature of business: A document that outlines the nature of your business activities, its products or services, and its overall mission and vision.

  7. Business Physical Address: A document confirming the physical address of your company's operations or registered office.

Why is business verification necessary?

Business verification is a crucial step to ensure compliance with regulatory requirements and to maintain the security and integrity of our FX trading platform. By verifying businesses, we can mitigate risks associated with fraudulent activities, money laundering, and unauthorized transactions, creating a safer trading environment for all our clients.

How to submit the verification documents?

Once you have gathered all the necessary documents, log in to your account on our website and navigate to the verification section. Follow the step-by-step instructions to upload the required documents securely. Our team will review the submitted documents, and you will be notified of the verification status through your registered email address.

How long does the verification process take?

The verification process usually takes between 2 to 5 business days, depending on the volume of verification requests received. However, we strive to complete the process as quickly as possible to minimize any inconvenience to our valued clients.

If you have any further questions or need assistance with the verification process, please don't hesitate to contact our customer support team. We are here to help you every step of the way on your FX trading journey!

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