Overview
Opening a Juni account is a simple and straightforward process. We'll walk you through the information and documents needed to confirm the identity of your business and its directors and ultimate beneficial owners (UBOs), so you can get started as quickly as possible.
How to
To comply with financial regulations and ensure a secure account setup, we'll ask you to provide the following information during the application process:
Step 1: Personal details of the applicant
Provide your full legal name and phone number.
Step 2: Company information
Enter the company's legal name, registered address, and company registration number.
Include the company's website, business description, and any trading names.
If your company is newly incorporated, you may be asked to provide an incorporation certificate.
Let us know which Juni features you plan to use.
Step 3: Financial documents
In some countries, a bank statement dated within the last three months from a recognized banking institution may be required. This should show at least 30 days of incoming and outgoing transactions.
Step 4: Director and UBO information
For all directors and UBOs (Ultimate Beneficial Owners), you'll need to provide:
Full legal name (no nicknames)
Date of birth
Email address
Residence address
Nationality and tax identification number (if applicable).
Tax residency country
Whether the person is politically exposed (Yes/No)
Step 5: Identity documents
Identity Documents: You'll need to provide an identity document for all beneficial owners and at least one director. This can be a passport, EU/EEA national ID card, or an EU/EEA driving license.
Please note: Beneficial owners can either verify their identity themselves or you can upload a certified copy of an ID document on their behalf.
Step 6: Signing the application
You'll be asked to select a signing director to confirm their identity and sign the application on behalf of the company. If you're a director filling out the application, you can sign the contract yourself.
If you have any questions, don’t hesitate to reach out to us at support@juni.co.
FAQ
What is a UBO (Ultimate Beneficial Owner)?
What is a UBO (Ultimate Beneficial Owner)?
An ultimate beneficial owner is an individual who ultimately owns or controls a business. This is typically a person who holds more than 25% of the company's shares or voting rights.
Why does Juni ask for detailed information about the business and its UBOs and Directors?
Why does Juni ask for detailed information about the business and its UBOs and Directors?
As a regulated financial institution, Juni is legally required to verify the identity of our customers and the legitimacy of their businesses to prevent financial crime. We collect this information to comply with regulations, protect our customers, and ensure a secure and trusted financial platform.
Why could Juni ask for additional information?
Why could Juni ask for additional information?
We're legally required to verify the identity of all our customers to prevent financial crime and ensure a secure banking platform. We will ask you to provide all the information and documents required for your account, but sometimes we may need to ask for additional information to complete the verification process.
This may happen if:
The documents you've submitted are unclear or incomplete
We need to verify specific details to comply with our regulatory obligations
The bank statement you have provided does not show at least 30 days of incoming and outgoing transactions
Your registered company address differs from your official registration documents
The company ownership structure is complex, and we need more clarity on the ultimate beneficial owners (UBOs) and the source of the business's funds
If we ask you for more information, it is simply to ensure we have a clear and complete picture of your business. We appreciate your cooperation in helping us make your account as secure as possible.
Why might an application be rejected?
Why might an application be rejected?
As a regulated entity, Juni is bound by certain regulations and has specific restrictions on who we can and cannot work with.
An application may be rejected if:
The business type is on our restricted segments list
The information provided does not meet our verification standards
We are unable to complete the verification process based on the documents or information provided
The application falls outside of Juni’s Terms and Conditions
If you believe your application was rejected in error, you can contact our recovery team at recovery@juni.co to re-evaluate your case.