Modulr User Guides

Getting Started

Businesses

Information we ask for at signup

In order to sign up for an eMoney account provided by Modulr, we require the following information.

What you need

The application requires you to enter some details about your business and the individuals involved in the ownership, depending on your business type, so it's good to have the following information to hand completing your application.

Partner users – you'll be asked to enter some of this information to add a new customer.

Company types we support

Jump to:
Limited Companies
Sole Traders
Ordinary Partnerships
Limited Partnerships and Limited Liability Partnerships

🚧 Important – Charities

Currently we can ONLY accept applications from charities of the following types:

Private Company – Limited by Guarantee
Community Interest Company (CIC)

Also, the entity MUST be registered with the appropriate charity commission in England, Wales, Scotland or Northern Ireland.

📘 Important – what to include in the application

Company Type

Ensure that you select the right company type.

Admin User

Where applicable, nominate an Admin User – the person that will administer Modulr accounts, managing and approving payments.

The Applicant

Include full details (full name (including middle name), DOB, home address) of the Applicant (where requested) – the person responsible for the application and will be the contact if further details are required
Include full name and date of birth of all Directors/Partners/Trustees where requested

Depending on the type of business, the Applicant should be:

Limited Companies – One of the Directors
Sole Traders – The Owner
Ordinary Partnerships – One of the Partners
Limited Liability Partnerships and LLPs – One of the Partners.

Beneficial Owners (Shareholders)

Please provide details of ALL the Beneficial Owners of the business. Beneficial Owners are individuals who own 25% or more of the business.
Note: Where the business is owned by another business (a parent company), the Beneficial Owner may be a shareholder of that parent company. Please include these individuals if, as a result of the ownership, they would own 25% or more of the applying business.
If nobody owns at least 25% of the business, please add the majority owner(s) of the business as the Beneficial Owners.
Exact percentage of shareholding or of partnership split between Partners is required for all UBOs/Partners with ownership of 25% or more where requested.

ID and Proof of Address Documents

Ensure that you attach a colour scanned copy of the original identification document for all UBOs/Partners where requested.
Attach a copy of a proof of address document dated within the last 3 months for all UBOs/Partners where requested.

Limited Companies

Note: Some information may be pre-filled from public data sources

📘 Complex / Multi-Company ownership
If another company or companies are involved in the ownership of the business, please upload an Ownership Structure Chart / Certified Structure Chart in the ‘Business Information’ section of the application. This will enable us to process your application more quickly.

This should be dated and certified as a true and accurate reflection of the current corporate structure by a solicitor or a chartered accountant.

Check out our guide

Information required

Business information

Business name
Trading name (optional)
Company Registration Number
Registered address
Trading address
Website address (if available)
Business activities description
Industry type
Expected monthly payments value
Expected monthly payments volume
Date of incorporation (where requested)
Description of business activities

Directors

First name, Last name
Date of birth
Home address
One Director must be selected as the ‘applicant’ and will additionally require the following:
Email address
Phone number

Beneficial Owners (UBOs)

% ownership of the company
First name, Last name
Date of birth
Home address

Sole Traders

Information required

Business information

Business name
Trading name (optional)
Trading address
Business activities description
Website address (if available)
Proof of Trading Address (document upload)*
Unique Taxpayer Reference number (if available)
Industry type
Expected monthly payments value
Expected monthly payments volume
Date of incorporation (where requested)
Description of business activities

Owner information

The Owner will be the 'Applicant'
First name, last name
Date of birth
Home address
Email address
Phone number

*Note: Please ensure the Proof of Trading Certificate or recent bill/statement is dated within the last 3 months and clearly displays the Company name and the Trading address.

Ordinary Partnerships

Information required

Business information

Business name
Trading name (optional)
Partnership agreement (document upload)*
Trading address
Website address (if available)
Business activities description
Proof of trading address (document upload)*
Industry type
Expected monthly payments value
Expected monthly payments volume
Date of incorporation (where requested)
Description of business activities

Information for each Partner

First name, last name
Date of birth
Home address

One Partner must be selected as the ‘Applicant’ and will additionally require the following:

Email address
Phone number

Documentation

*Partnership Agreement Document (to upload)

Note: We require a copy of the Partnership Agreement showing the shareholding/partnership split between the partners or in the absence of that, we can accept one of the following documents:

A recent tax return that has the VAT number and clearly showing the partnership split.
Certified declaration by an Accountant/Solicitor indicating how profits are distributed (or a clear split of shareholding).

Limited Partnerships and Limited Liability Partnerships

Note: Some information may be pre-filled from public data sources

📘 Complex / Multi-Company ownership

If another company or companies are involved in the ownership of the business, please upload an Ownership Structure Chart / Certified Structure Chart in the ‘Business Information’ section of the application. This will enable us to process your application more quickly.

This should be dated and certified as a true and accurate reflection of the current corporate structure by a solicitor or a chartered accountant.

Check out our guide

Information required:
Business information Business name Trading name (optional) Company Registration Number Registered address Trading address Website address (if available) Business activities description Industry type Expected monthly payments value Expected monthly payments volume
Information for each Partner First name, Last name Date of birth Home address One Partner must be selected as the ‘Applicant’ and will additionally require the following: Email address Phone number
Documentation Partnership Agreement Document (to upload)
Beneficial Owners (UBOs) % ownership of the company First name, Last name Date of birth Home address
Controlling interests Needed if anyone else (other than the Partners) has a controlling interest in the company (where requested) First name, last name Date of birth Home address

Admin User

Note that we also need the details of the first Admin User. The Admin User is the person who'll be the main administrator of the accounts. This person will have full admin-level access and user permissions, and be able to create additional users.

Not required for Partners creating customers

Admin User details
First name, Last name Email address