You will need a photo of your ID and business legal information available when setting up a new facility on Storable Payments. If you have any questions during onboarding, please reach out to your Implementation Consultant or email onboarding@storable.com.
Once the Storable Team has activated your Payments account, you will receive an email with a link to complete onboarding. Click Onboard to Storable Payments to begin.
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| Enter owner information for all owners with 25% or more ownership. If there are multiple owners, click Add Secondary Owner to enter their information. See the FAQs below for more information about why we are required to collect personal information and who should be listed as an owner. | |
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FAQs
Q: Why do you need my personal information?
A: Federal law requires all financial institutions to obtain, verify, and record information that identifies each individual or business who opens an account to help the government fight the funding of terrorism and money laundering activities. To comply, we will ask for your identifiable information, including your full name, address, date of birth, and other business information. We may also ask to see your Identification Card, Driver's License, and/or other identifying documents.
Q: Who must be listed as Owners?
A: Personal information must be provided for Sole Proprietors or each individual, if any, who directly or indirectly owns twenty-five percent (25%) or more of the ownership interest of the Legal Entity listed on the application. A Legal Entity includes a corporation, limited liability company, or other entity that is formed by the filing of a public document with a Secretary of State or similar office, a general partnership, and any similar business entity formed in the United States.