What document types are accepted for verification?

To complete ID verification with OFX, you must provide valid documents that meet our compliance and regulatory requirements. The specific documents accepted may vary depending on your country of registration, but generally fall into two categories: Proof of Identity (POI) and Proof of Address (POA).

Some sample accepted Proof of Identity (POI) Documents:

Passport (must be government-issued and valid)
National ID card (must be government-issued and valid)
Driver’s licence (must be valid and government-issued; not accepted in all regions)
NRIC/FIN (Singapore only)
Other government-issued photo identification (where applicable)

Some sample accepted Proof of Address (POA) Documents:

Utility bill (issued within the last three months)
Bank statement (issued within the last three months)
Government letter (issued within the last three months)
Tenancy agreement (must be current and signed by both landlord and tenant)
Employment letter (where accepted)
Credit card statement (issued within the last three months)
Driver’s licence (in some regions, if not already used as POI)
Identity card (where address is shown and not already used as POI)
Mobile phone bill (where accepted)

Important requirements:

Documents must be clear, valid, and not expired (unless otherwise specified, e.g. Australian passports).
All details must be visible and not cropped, blurry, or tampered with.
Documents in a foreign language may require translation.
Screenshots are not accepted in most regions.
PO Box addresses are not accepted as proof of residential address.

Why is this important:

Providing the correct documents for ID verification is essential for a smooth onboarding process. It ensures compliance with anti-money laundering (AML) and know your customer (KYC) regulations, protects your account from fraud, and helps OFX verify your identity quickly and securely.

Appendix:

List of document types

Document	Purpose
Articles of Incorporation	The fundamental document filed to legally create a corporation.
Certificate of Incorporation/Registration	Official state/government proof of legal formation.
Partnership Agreement (signed)	Defines the rights, responsibilities, and structure of a partnership.
Full Trust Deed (signed)	The legal document that creates and governs a trust.
Business Registration Document	General document confirming the business is legally permitted to operate.
Extract from official company register	Official, current details about a company from the government registry (e.g., directors, address).
Proof of EIN document	Confirmation of the Employer Identification Number (US Tax ID).
Current Business License	Government authorization to conduct specific business activities.
Tax Registration	Document confirming registration with a tax authority.
DBA registration	Document registering a "Doing Business As" or trade name.
Share certificate	Proof of ownership for a specific number of shares in a corporation.
Recent transactional Bank Statement	Shows recent banking activity.
Audited financials	Formal, externally reviewed financial reports (Balance Sheet, P&L, etc.).
Financial report	General term for a report detailing the company's financial health.
Recent supplier invoice	Proof of recent purchases/expenses.
Recent customer invoice	Proof of recent sales/revenue.
Signed contract / Executed contract	Legal agreement for services, sales, or partnerships.
Loan statement	Details of an outstanding debt or financing.
Investment statement	Details of assets or capital holdings.
Property purchase agreement	Legal contract for the purchase of real estate.
Capital call notice	A request for capital from an investor in a fund/partnership.
Passport	Official international travel document/ID.
Driver's License (front and back)	Official document confirming driving privilege and identity.
National ID Card	Government-issued identification (e.g., European national ID).
NRIC/FIN	Singapore/Malaysia National Registration Identity Card/Foreigner Identification Number.
Tenancy Agreement	Contract showing residence/business lease.
Utility Bill	Statement for services like electricity, water, or gas.
Government Letter	Official correspondence from a government agency.
Employment Letter	Document confirming employment status and, often, residential address.
Bank Statement	Statement showing transactions and registered address.
Credit Card Statement	Statement showing transactions and registered address.
Business Name Change Certificate	Official document confirming a change in the company's legal name.
Name Change Certificate	General document confirming a legal change to an individual's name.
Marriage Certificate	Document confirming a legal marriage (often used for name change).

What document types are accepted for verification?

Information

Trending Articles