Tier 1: For incoming SEPA transfers up to 15,000€ (accumulated total value of incoming transfers) you'll need to provide:
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A notarized copy of proof of identity (e.g, ID card, Passport, Driver's License)
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A selfie of you holding your ID and a piece of paper with “Bitit” and today’s date written on it.
Tier 2: For incoming SEPA transfers with an accumulated total value between 15,000€ and 100,000€ you’ll need to provide all the documents listed in Tier 1, plus:
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A bank statement - no more than 3 months old
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A proof of residency - no more than 3 months old
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Submit a completed Source of Funds Application Form available on your Bitit Account
Tier 3: For Corporate accounts who wish to make SEPA transfers up to 100,000€ you’ll need to provide the following documents:
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Articles of Incorporation
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Trade Register Extract or Letter of Good Standing from your company's jurisdiction
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Organizational chart containing full names, jurisdictions, and legal forms of parent, affiliated, subsidiaries, and all related companies
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AML Policy (required if applicable)
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Passport for each UBO with 25% or more interest
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Proof of Residence for each UBO
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Submit a completed Source of Funds Application Form available on your Bitit Account
Good tips to know before making any SEPA transfers:
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Fund your Bitit Account from the country you’ve registered on Bitit
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SEPA transfers must be sent from accounts that match your verified legal name.
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Please send SEPA transfers in EUR. Sending a SEPA transfer in a currency other than EUR may result in a delay of your transfer being returned to your bank account.
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We are not responsible for any fees charged by any bank used during the transfer process.
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Funds will typically arrive within 1-2 business days
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Please note that Bitit only accepts EUR SEPA transfers - we do not yet support SWIFT payments. Please make sure that your bank supports SEPA transfers before sending us any funds.