In order to gain access to your accounts at Nexpay and perform certain actions, we will request a power of attorney (POA) for the company representatives, to make sure that they are legally authorized.
POA is a document that certifies that a certain company representative, or other company has the legal authority to represent the company.
POA needs to include:
- The information about the company that is granting the POA:
- Company name
- Company legal type
- Jurisdiction where the company is registered
- Company registration number
- The legal address where the company is registered
- Name of the registry where data about the company is recorded
- Name and Last name of the company representative who is authorized to sign the POA
- The information about the company to whom the POA is granted:
- Company name
- Company legal type
- jurisdiction where the company is registered
- Company registration number
- The legal address where the company is registered
- Name of the registry where data about the company is recorded
- Name and Last name of the company representative who is authorized to sign the POA
- OR The information about the physical person to whom the POA is granted:
- Name & Last name
- Nationality (as in Passport or ID)
- Personal number (as in Passport or ID)
- Declared residence address
Example template of the power of attorney. Feel free to copy the document and fill it with your information.
During the remote onboarding with Nexpay certain documents, including POA must be certified by a notary/apostille or legalized/attested by the Ministry of Foreign Affairs. This requirement comes from “Law on the prevention of money laundering and terrorist financing”. The purpose of this requirement is to guarantee the authenticity and content of the documents provided.
Countries from which Nexpay accepts documents with apostille certification:
Citizens or residents of these countries are able to open accounts with Nexpay:
| Countries | |
|---|---|
| A | Albania, Andorra, Antigua and Barbuda, Argentina, Armenia, Australia, Austria, Azerbaijan |
| B | Bahamas, Bahrain, Barbados, Belarus, Belgium, Belize, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Brunei Darussalam, Bulgaria, Burundi |
| C | Cape Verde, Chile, China, People\'s Republic of (Hong Kong & Macao Only), Colombia, Cook Islands, Costa Rica, Croatia, Cyprus, Czech Republic |
| D | Denmark, Dominica, Dominican Republic |
| E | Ecuador, El Salvador, Estonia |
| F | Fiji, Finland, France |
| G | Georgia, Germany, Greece, Grenada, Guatemala, Guyana |
| H | Honduras, Hungary |
| I | Iceland, India, Ireland, Israel, Italy |
| J | Japan, Jamaica |
| K | Kazakhstan, Korea, Republic of, Kosovo, Kyrgyzstan |
| L | Latvia, Lesotho, Liberia, Liechtenstein, Lithuania, Luxembourg |
| M | Malawi, Malta, Marshall Islands, Mauritius, Mexico, Moldova, Monaco, Mongolia, Montenegro, Morocco |
| N | Namibia, Netherlands, New Zealand, Nicaragua, Niue, North Macedonia, Republic of, Norway |
| O | Oman |
| P | Palau, Panama, Paraguay, Peru, Philippines, Poland, Portugal |
| R | Romania, Russian Federation |
| S | Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, San Marino, Sao Tome and Principe, Serbia, Seychelles, Slovakia, Slovenia, South Africa, Spain, Suriname, Swaziland, Sweden, Switzerland |
| T | Tajikistan, Tonga, Trinidad and Tobago, Tunisia, Turkey |
| U | Ukraine, United Kingdom of Great Britain and Northern Ireland, Uruguay, Uzbekistan |
| V | Vanuatu, Venezuela |
*Exceptions are made to Estonia, Latvia, Russia, Moldova, Ukraine. For companies incorporated in these countries, notary certification is enough. Lithuanian companies can provide an ESI key which would not be older than 3 months.
For any country that is not mentioned in the above list, the document certification must be done by the Ministry of Foreign Affairs of the said country.
Some companies that can assist with remote document legalization: