Are you ready to verify your business account on Knaken and gain access to all features? This guide will walk you through the necessary steps to complete your business verification. Let’s get started!

Important points:

1. Gather documents: Understand which documents you need for business verification.
2. Submit verification request: Learn how to submit your documents and information.
3. Processing time: Discover how long the verification process usually takes.
4. Troubleshooting: Find out what to do if your verification is delayed or rejected.

5 simple steps to verify your business account:

Step 1: Open the Knaken app

Open the Knaken app and start the verification process by selecting “Create Account.”

Step 2: Indicate that you are registering as a business

When prompted, choose whether you are registering as an individual or a business. Select the option for business owners to create a business account.

Step 3: Enter your KvK number

Enter your Chamber of Commerce (KvK) number in the designated field to proceed with business registration.

Step 4: Provide your business information

After entering your KvK number, you will receive an email from Knaken requesting additional business information. Ensure that you provide accurate and truthful information in your response. You will be asked to provide the following information:

• UBO declaration (can be downloaded via the button below)
• Shareholders register or UBO extract
• Chamber of Commerce extract
• Ownership structure organizational chart
• Bank statement from the business account used for payments
• Information about shareholders with 25% or more shares and the individuals who will manage the Knaken account for the business:
  • Identity document/Driver’s license/Passport
  • Proof of address, such as: utility bill, government letter, bank statement, etc.

Step 5: Confirmation

Once all submitted information has been reviewed and approved, you will receive confirmation that your business account has been successfully created.

Pro tip:

Make sure all documents are clearly scanned and that the information is accurate. This helps to speed up the verification process and avoid unnecessary delays.

FAQ:

What should I do if my business verification is rejected?

If your verification is rejected, review the feedback from the support team, correct any issues, and resubmit your documents.

How long does the verification process for businesses take?

The verification process usually takes a few business days, depending on the completeness and accuracy of your documentation.

Can I start trading before my business verification is completed?

Some features may be limited until your business verification is completed. It is best to complete the verification as soon as possible to ensure full access.

That’s all you need to know about completing your business verification on Knaken! By following these steps, you ensure that your business account is fully verified and ready for use. Want to explore more features? Check out our other guides!

Link to the app:

• iOS
• Android

Contact Support: Issues? Our support team is ready to help! Contact us at [email protected]