When creating a business account with OFX, you will be required to provide a business number that matches your country of registration and business entity type. The specific business number required varies by country and business structure:

• Australia: Australian Business Number (ABN) or Australian Company Number (ACN)

• United Kingdom:

  • Private Company Pty/Ltd: Business Registration Number

  • Sole Trader, Partnership, Trust, Public Company: Unique Taxpayer Reference (UTR)

  • Non-Profit/Charity: Charity Registration Number (for charities)

• United States:

  • Sole Proprietorship (Sole Trader): Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN)

  • Other business types: Employer Identification Number (EIN)

• Other countries: The local business registration number as required by the country’s regulations.

You will be prompted to enter the correct business number during the registration process.

Why is this important:

Providing the correct business number is essential for verifying your business identity and ensuring compliance with local and international regulations, and ensuring your OFX account is set up correctly. This information helps OFX meet Know Your Business (KYB) and anti-money laundering (AML) requirements, protecting your account and supporting secure financial transactions. Using the right number helps prevent delays in onboarding and supports secure, compliant transactions.

How do I find my business number if unsure?

If you’re unsure of your business number, there are several ways to locate it depending on your country and business structure. Your business number is an official identifier issued by a government authority or tax office and is required for business registration and compliance.

Next Steps:

To find your business number, follow these steps:

1. Check Official Registration Documents:

   • Look for your business registration certificate, incorporation documents, or tax registration paperwork. These documents typically display your business number prominently.

2. Search Government or Tax Authority Websites:

   • Australia: Visit the Australian Business Register (ABR) at https://abr.business.gov.au/ and search for your business name or ABN/ACN.

   • United Kingdom: Use Companies House (https://find-and-update.company-information.service.gov.uk/) to search for your company name or registration number. For UTR, check correspondence from HMRC.

   • United States: For EIN, refer to your IRS confirmation letter or check with your accountant. For SSN (sole traders), use your personal Social Security Number.

   • Other countries: Visit your local business registry or tax authority’s website for search tools.

3. Contact Your Accountant or Bookkeeper:

   • If you use an accountant or bookkeeper, they should have your business number on file.

4. Check Previous Tax Returns or Official Correspondence:

   • Your business number is often included on tax returns, official letters from government agencies, or notices from your local tax office.

5. Contact the Relevant Authority:

   • If you still can’t find your business number, contact the government agency or tax office that issued it. They can guide you on how to retrieve or confirm your number.