Account Opening and Onboarding
Let's get started with Vivid Business: eligibility, requirements, and onboarding process
38 articles
Application Management
General application management for all types of account
Can any company open a Vivid Business account?
Who is eligible to open a Vivid Business account for my company?
What activities are not allowed for companies using a Vivid Business account?
How do I begin the account opening process for my business with Vivid?
Which documents are accepted for ID verification (IDV)?
Can I still apply even though my ID document has expired, and what should I do?
If I wasn't able to finish the signing up, can I go back and continue another time?
Can I track the status of my account opening and onboarding process?
How long does the account opening and onboarding process typically take?
How can I contact Vivid Business's customer support for assistance during the account opening process?
Can I cancel my application once I start it?
Why is my application rejected?
General Business & Freelancer Accounts
Business account opening process and eligibility for legal entities and sole proprietorships
Are freelancers or sole proprietors eligible to apply?
What are the residence requirements for directors of my legal entity?
Who should I input as UBOs in my application?
What information is required to enter during the account opening process?
Can I open two business accounts or more?
Can I still change some of my business information after I complete the sign-up?
Are there any additional documents required after the initial submission?
Can I still apply even though any of my company’s documents expired, and what should I do?
I currently hold a personal account with Vivid and am interested in opening a Vivid Business account. Could you please guide me on the necessary steps to proceed?
Nonprofit Organisation
Business account opening process and eligibility for Nonprofit Organisation
Can associations, foundations, and other Non-profit Organisations open a Vivid Business account?
Who should I indicate as UBO when opening an account for a Non-profit Organisation?
Why are some countries considered high-risk for transfers?
Is there any limitation for transactions for Non-profit Organisations?
What documents and information do I need to submit to open an account for a Non-profit Organisation?
Founder Accounts
Business account opening process and eligibility for companies in formation (Germany only)
What does "Founder Accounts" mean?
Who can be onboarded for Vivid Founder Accounts?
What documents do I need to prepare to open a Vivid Founder Account?
Who can be accepted as shareholders?
What will happen if I cannot provide my company’s registration extract after the specified deadline?
How does the account opening process for Founder Accounts work?
What are the account limitations during the founding phase?
Will I be charged any fees during the founding phase?
How can I gain full access to the business account?
Can I deposit my company’s share capital into the Interest Account?
What is the timeframe from the Founder Account opening until I need to provide my company’s registration extract?
Full version of Vivid Founder Account