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International companies

Payments for international business companies

IBCs, exempted companies, LLCs and other international entities used for holding, trading and investment. We understand how these companies are formed, governed and evidenced.

In shortCCYFX serves international business companies (IBCs), exempted companies and LLCs used for holding, trading and investment. Typical documents are a certificate of incorporation, constitutional documents, a recent certificate of good standing or incumbency, registers of directors and members, and an ownership chart.

Our approach

We understand why these companies exist

International companies hold investments, joint ventures, trading operations, intellectual property and group financing. These are legitimate purposes, and they are precisely what banks need to have explained.

We document the purpose of the company, the people behind it and the payments it expects to make. That record answers the questions correspondent banks would otherwise raise on each transfer.

Governance

Professional directors

Companies whose directors are provided by a licensed corporate service provider are welcome, as are those with individual directors.

Evidence

Registry documents

Certificates of incumbency, registers of members and certificates of good standing, in the form each registry or registered agent issues them.

Intercompany

Group onboarding

Onboard several group companies together, so that intercompany payments are documented in advance.

Updates

Corporate changes

Tell us when directors or owners change, and we update your file accordingly.

Onboarding

What we will ask for

Preparing these documents in advance makes onboarding simpler. We confirm the exact list for your structure when you apply.

Company

For the account-holding entity.

  • Certificate of incorporation
  • Memorandum and articles, or operating agreement
  • Recently issued certificate of good standing or incumbency
  • Registers of directors and of members

Ownership and authority

For each layer of the structure.

  • Ownership chart to individuals with 25% or more
  • Nominee agreements, where used
  • Board resolution naming authorised signatories
  • Registered agent details

Individuals

For directors, beneficial owners and signatories.

  • Valid government-issued photo identification
  • Proof of residential address
  • Source of wealth statement with supporting evidence
  • Politically exposed person and tax residency declarations
Questions

Common questions

What is a certificate of incumbency?

A document issued by a company’s registered agent confirming details such as its directors, shareholders and registered office. It is commonly provided for BVI, Cayman and Nevis companies.

How recent do certificates need to be?

Generally issued within the last three to six months. We will tell you if a document needs to be refreshed.

Do you accept companies with corporate directors?

Yes. We identify the corporate director and the individuals who control it.

Open an account

Tell us about your structure

Apply online in about ten minutes. We will reply with the documents your structure requires and an indicative timeline for onboarding.

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