CONTRACT FOR OPENING ACCOUNT
In accordance with the statutory and regulatory requirements by which every payment institution is bound,
various documents and/or documentary evidence will be requested during the acceptance process and
throughout the business relationship.
SECTION 1 - DETAILS ABOUT THE COMPANY
Company Name (registered name):
Legal Form: Registration Number:
Business Location
Address:
Postcode: City: Country:
Postal Address (if different from the business address)
Address:
Postcode: City: Country:
SECTION 2 - REPRESENTATIVES/SHAREHOLDERS OF 25% OR MORE OF THE COMPANY
Definition of a shareholder of 25% or more:
Natural people who are in possession or control of the company by ownership or by direct or indirect
control 25% or more of company shares or voting rights (= shareholders);
Definition of a representative:
Natural people who hold a term of office which allows them to exercise managerial control over the
company or to represent it to third parties (= de facto or de jure directors).
Name and surname/company: Position:
Is this person politically exposed? Yes No Representative Shareholder of 25% or more
Name and surname/company: Position:
Is this person politically exposed? Yes No Representative Shareholder of 25% or more
Name and surname/company: Position:
Is this person politically exposed? Yes No Representative Shareholder of 25% or more
Name and surname/company: Position:
Is this person politically exposed? Yes No Representative Shareholder of 25% or more
Name and surname/company: Position:
Is this person politically exposed? Yes No Representative Shareholder of 25% or more
iBanFirst – (SA) with share capital of €4,325,889 registered in Belgium under the number 0849.872.824
A payment institution licensed to operate by the National Bank of Belgium (NBB)
350 Avenue Louise – 1050 Brussels – Belgium | 61 rue de Courcelles, 75008 Paris - France
www.ibanfirst.com – hello@ibanfirst.com – Tél. : +32 2 808 15 42 l +33 1 76 44 00 47
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SECTION 3 - SUPER USER ADMIN
The user must be a company representative who holds administrative rights over the company. Furthermore, this person will
possess the right to set up other users once his/her account has been activated. Documentary Evidence: A current, valid
form of identification is required.
Please provide information for at least one main administrative user for your company, who will have the rights to set up
the other users once your access to the platform has been activated. For FX accounts, the other users can be assigned
parameters with restricted rights.
Title, name and surname:
Position: Email:
Rights on the platform: Telephone:
Title, name and surname:
Position: Email:
Rights on the platform: Telephone:
Title, name and surname:
Position: Email:
Rights on the platform: Telephone:
SECTION 4 - CORPORATE BANK DETAILS FOR THE ACTIVATION PAYMENT
Name of the bank: IBAN:
Account Holder Name (Company Name): BIC:
SECTION 5 - SIGNATURE
By signing this agreement, the signatory acknowledges the following:
Reading, understanding, and accepting the iBanFirst General Terms and Conditions. These Terms and
Conditions can be viewed on the iBanFirst website: www.ibanfirst.com;
Understanding and accepting that the General Terms and Conditions and all other specific terms and
conditions (subject to change) apply to all dealings with iBanFirst;
Confirmation of receipt of satisfactory responses to any questions that may have been posed in relation to
iBanFirst services;
Understanding and accepting that iBanFirst provides account services for transferral and conservation of
funds with the unique purpose of carrying out payment transactions on behalf of its clients;
Understanding and accepting that the holding of funds that do not move from the accounts are grounds
which may cause iBanFirst to terminate the customer relationship.
The undersigned agrees to use the following services:
Access to the iBanFirst platform
Unrestricted users Opening of a Euro account
Opening of a multi-currency FX account
Receipt/Issue of a SEPA transfer
iBanFirst – (SA) with share capital of €4,325,889 registered in Belgium under the number 0849.872.824
A payment institution licensed to operate by the National Bank of Belgium (NBB)
350 Avenue Louise – 1050 Brussels – Belgium | 61 rue de Courcelles, 75008 Paris - France
www.ibanfirst.com – hello@ibanfirst.com – Tél. : +32 2 808 15 42 l +33 1 76 44 00 47
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Furthermore, by signing the present agreement, the signatory:
Confirms that the information provided in the present form is correct;
Confirms that the supporting documents attached to the account opening agreement are true copies of the originals;
Authorises IBANFIRST to send newsletters and any other documentation by email, text or other similar electronic messaging
services, and acknowledges that IBANFIRST must be notified in writing or by any other suitable means of communication in
the event that he or she no longer wishes to receive this documentation by electronic means.
The signatory accepts that information of a personal nature communicated to iBanFirst:
May be used by any entity within iBanFirst for the purposes of managing and carrying out transactions and marketing
activities (particularly for the promotion of new products and services);
May also be shared with third-party institutions or providers for the purposes of conducting checks ahead of entering into
the relationship and for the successful fulfilment of customer transactions.
For more information on this please see the “Personal Privacy” section of the General Terms and Conditions on the iBanFirst
website: www.ibanfirst.com
Finally, each signatory acknowledges having been notified:
Of their right to request the communication of personal data held by iBanFirst, and to demand, where appropriate, the
correction of it, and to oppose its use for marketing purposes, in line with the terms set out in the “Personal Privacy” section
of the General Terms and Conditions.
SECTION 6 - SIGNATURE(S)
Surname: Surname:
Position: Position:
Signature: Signature:
Read and approved Date Read and approved Date
IMPORTANT: In view of the significant risk of identity theft cited by national supervisory authorities
(NationalBank of Belgium and the Belgian Financial Intelligence Processing Unit), we would like to
remind you that iBanFirst will require an initial funds transfer originating from a bank account opened in
the name of the company from a well-known credit institution. This initial transaction will be analysed
in accordance with laws relating to money laundering and the fight against the funding of terrorist
activities.
iBanFirst – (SA) with share capital of €4,325,889 registered in Belgium under the number 0849.872.824
A payment institution licensed to operate by the National Bank of Belgium (NBB)
350 Avenue Louise – 1050 Brussels – Belgium | 61 rue de Courcelles, 75008 Paris - France
www.ibanfirst.com – hello@ibanfirst.com – Tél. : +32 2 808 15 42 l +33 1 76 44 00 47
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