To use Wise for your business in New Zealand, you’ll need to register a business account. We’ll also need to verify your personal details and identity. See here for more information on verifying your identity.
What do I need to verify my company?
Required info (all company types)
Legal name of the entity
Business registration number
Registered office address and primary place of business (as your trading address)
Information on beneficial owners, such as shareholders who own 25% or more of the business, including full name, address, date of birth and exact percentage of shares they own*
List of directors, including full name, country of residence, and date of birth (if applicable to your company type)
Your business website if you have one and a short description of what your business does
*If any beneficial owner who owns 25% or more of the business is another business, then we also need the following information about the owners of that business: full name, date of birth, country of residence.
Sole Trader
NZBN, if available — it can help us verify your details faster
Limited Company
Registration number
Photo IDs of all beneficial owners who own 25% or more of the business
Non-profit
Registration number
Photo IDs and details (full name, country of residence, and date of birth) for Chairperson, Secretary and Treasurer or their equivalents
Partnership
Registration number
In some cases, we may ask for a Partnership Agreement
Photo IDs of all beneficial owners who own 25% or more of the business
Government entity
Registration number
Clear description of the function of the entity and your role in it
Trust
Trust Deed
Document detailing the source of wealth of the trust
Photo IDs of all beneficial owners* of the trust and trustee (if applicable)
*Anyone with the authority to appoint or discharge a trustee or amend the trust deed is considered a beneficial owner of the Trust
Is there anything else I need to know?
If you're not the director or a beneficial owner of the business, we'll ask you to provide an authorisation letter, or a board resolution from the company, confirming that you’re authorised to use and communicate with Wise on behalf of the business. You can download a template of the authorisation letter and have it ready when we ask for it.