It takes between 24-48 hours to open an account with Regent FE and be ready to accept and make currency conversions and payments.

To ensure that we set-up your account quickly and efficiently please be ready to send in the following documentation to ensure that we meet our Know Your Customer responsibilities as a Money Services Business.

We require the following
1) Signed application form (please start the process here https://regentfe.comregister
2) AR01 Annual Return (or Local Equivalent showing Directors and Shareholders)
3) Memorandum / Articles of Association
4) Financial statements for the previous year
5) Directors and Authorised Persons ID and Evidence of address
IDs – Passport, driving licence, national ID card, electronic verification
Evidence of address less than 3 months old – Utility bill, bank statement, council tax bill, electronic verification
6) Ultimate beneficial shareholders with 25% or more interest – ID and Evidence of address
IDs – Passport, driving licence, national ID card, electronic verification
Evidence of address less than 3 months old – Utility bill, bank statement, council tax bill, electronic verification
7) Evidence of nature of business (Website extract or sales prospectus)

Regent FE will identify 2 Directors, all beneficial shareholders with 25% or more, and all authorised signatories of a corporate entity either via electronic identification or documentary evidence.

Regent FE will identify 2 Directors, all beneficial shareholders with 25% or more, and all authorised signatories of a corporate entity either via electronic identification or documentary evidence.

UK Residents

1 from List A and 1 from List B

Non-UK Residents

Copy of the Company Registration Documents (Certificate of Incorporation, Articles of Association), and 2 from List A and 2 from List B for each Director, Individuals authorised to manage the account and Owners with 25% or more of company shares.

List A
• Passport
• UK/EEA Photo card driving licence (full)
• EU member state ID card
• Northern Ireland Electoral ID card
• Shotgun/firearms licence
• UK Armed forces ID

List B
• Bank/Building society account or insurance company statement (dated within last 3 months)

• Council tax statement (dated within last 3 months)

• Utility statement including gas, electricity, water (dated within last 3 months)

• Telephone (not mobile) bill (dated within last 3 months)

Save time and money with Regent FE

Money

Currency Conversion with Regent FE is up to 3% cheaper than with your bank. A business customer converting £500,000 per month can save £10,000 – £15,000 per month.

Currency Payments are FREE for customer converting currency with Regent FE, and only £5 for same currency payments. This is comparing to £17 – £30 charged by the banks.

Having a Currency Account in your own company name allows you to invoice customers in whatever currency you need, while allowing you to manage currency from a single Regent FE on-line banking location.

Time

Never visit a branch; never queue with paperwork; never waste another minute on mundane currency conversion and payments. The Regent FE platform is secured with a Bank Grade 256-bit encryption, available 24/7 on-line, and makes currency payments in under 2 minutes.