Information we ask for at signup

The following information is what we require in order to sign up for an eMoney account, provided by Modulr.

What you need

The application requires you to enter some details about your business and the individuals involved in the ownership, depending on your business type, so it's good to have the following information (see below) to hand when you complete your application.

Partner users creating customers
You'll be asked to enter some of this information to add a new customer.

Company types we support

Jump to:

Limited Companies
Sole Traders
Ordinary Partnerships
Limited Partnerships and Limited Liability Partnerships

📘

Important – what to include in the application

  • Ensure that you select the right company type.
  • Where applicable, nominate an Admin User – the person that will administer Modulr accounts, managing and approving payments.
  • Include full details (full name (including middle name), DOB, home address) of the Applicant (where requested) – the person responsible for the application and will be the contact if further details are required
  • Include full name and date of birth of all Directors/Partners/Trustees where requested
  • Please provide details of ALL the Beneficial Owners of the business. Beneficial Owners are individuals who own 25% or more of the business.
  • Note: Where the business is owned by another business (a parent company), the Beneficial Owner may be a shareholder of that parent company. Please include these individuals if, as a result of the ownership, they would own 25% or more of the applying business.
  • If nobody owns at least 25% of the business, please add the majority owner(s) of the business as the Beneficial Owners.
  • Exact percentage of shareholding or of partnership split between Partners is required for all UBOs/Partners with ownership of 25% or more where requested
  • Ensure that you attach a colour scanned copy of the original identification document for all UBOs/Partners where requested.
  • Attach a copy of a proof of address document dated within the last 3 months for all UBOs/Partners where requested.

The 'Applicant'

Where requested, you may need to give details of the 'Applicant' for the Account.

Depending on the type of business, the Applicant should be:

Limited Companies – One of the Directors
Sole Traders – The Owner
Ordinary Partnerships – One of the Partners
Limited Liability Partnerships and LLPs – One of the Partners.

Limited Companies

Note: Some information may be pre-filled from public data sources

Information required:

Business information
• Business name
• Company Registration Number
• Registered address
• Trading address
• Industry type
• Expected monthly payments value (where requested)

Directors
One of the Directors must be the 'Applicant'
• First name, Last name
• Date of birth
• Home address
• Email address
• Phone number

Beneficial Owners (UBOs)
• % ownership of the company
• First name, Last name
• Date of birth
• Home address

Controlling interests
Needed if anyone else (other than any of the other individuals entered) has a controlling interest in the company (where requested)
• First name, last name
• Date of birth
• Home address


Sole Traders

Information required:

Business information
• Business name
• Trading address
• Industry type
In some cases we need the Unique Taxpayer Reference number.

Owner information
• First name, last name
• Date of birth
• Home address
• Email address
• Phone number

Controlling interests
Needed if anyone else (other than the owner) has a controlling interest in the company (where requested)
• First name, last name
• Date of birth
• Home address

Additional info
Note: In some cases, we require a copy of the Trading Certificate or a recent bill/statement within the last 3 months which clearly displays the Company name and the Trading address.


Ordinary Partnerships

Information required:

Business information
• Business name
• Trading address
• Industry type
• You may be asked to upload a proof of address document

Information for each Partner
One of the Partners should be the 'Applicant'
• First name, Last name
• Date of birth
• Home address
• Email address
• Phone number

Documentation
• Partnership Agreement Document (to upload)
Note: We require a copy of the Partnership Agreement showing the shareholding/partnership split between the partners or in the absence of that, we can accept one of the following documents:

  1. A recent tax return that has the VAT number and clearly showing the partnership split.
  2. Certified declaration by an Accountant/Solicitor indicating how profits are distributed (or a clear split of shareholding).

Controlling interests
Needed if anyone else (other than the Partners) has a controlling interest in the company (where requested)
• First name, last name
• Date of birth
• Home address


Limited Partnerships and Limited Liability Partnerships

Note: Some information may be pre-filled for you from Companies House

Information required:

Business information
• Business name
• Company Registration Number
• Registered address
• Trading address
• Industry type

Information for each Partner
One of the Partners should be the 'Applicant'
• First name, Last name
• Date of birth
• Home address
• Email address
• Phone number

Documentation
• Partnership Agreement Document (to upload)

Beneficial Owners (UBOs)
• % ownership of the company
• First name, Last name
• Date of birth
• Home address

Controlling interests
Needed if anyone else (other than the Partners) has a controlling interest in the company (where requested)
• First name, last name
• Date of birth
• Home address


Admin User

Note that we also need the details of the first Admin User. The Admin User is the person who'll be the main administrator of the accounts. This person will have full admin-level access and user permissions, and be able to create additional users.

Not required for Partners creating customers

Admin User details

• First name, Last name
• Email address


Did this page help you?