When registering or onboarding a business in OFX, you may need to assign a delegated authority, someone authorised to act on behalf of the company. Here’s how you can do this:

Next Steps:

With reference to How do I register a new company in OFX after signing up? and to assign a delegate authority during onboarding, follow these steps:

1. Assign your delegated authority:

   1. After entering UBO/Director details, you will reach the Business Authorisation page. And here, you can assign who will have authority to act for the business.

      • You are provided with an option to choose your delegated authority.

        

      • Select a person already listed as a UBO or Director from the dropdown.

        

      • Enter the selected person’s email address. Click Next step to proceed.

        

   2. If the person is not listed as a UBO or Director from the dropdown.

      • You can nominate yourself or another individual not already listed.

        

      • Nominate yourself as a delegated authority. Click Next step to proceed.

        

      • Alternatively, Nominate someone else as a delegated authority. Enter the name and email of the person you wish to nominate. Click Next step to proceed.

        

   3. Confirm your assigned delegated authority on the Next step.

      

      • You will have a chance to cancel and re-nominate again.

2. Invitation sent to the invited user:

   • The invited user will receive an email invitation and will proceed to register (See How do I accept an invite?)

Related FAQ Articles:

• How do I accept an invite?

• How do I update the Controller and Shareholder page when onboarding?

• How do I register a new company in OFX after signing up?

• How do I create a new company account in NCP?