To initiate the Pay Out process for CargoWALLET, you'll need to go through our KYB (Know Your Business) procedure.
We require you to provide us with your Company Information
Additional documentation may be requested on a case-by-case basis.
If you are unclear what your official company registration number is, please have a look at some of the examples below.
Australia | The Australian Business Number (ABN) is a unique 11 digit identifier issued to all entities registered in the Australian Business Register (ABR). |
Canada | The Business Number (BN) is a 9-digit account number that identifies your business to federal, provincial, and municipal governments. The BN is issued by the Canada Revenue Agency (CRA). |
France | A SIRET (Système d'Identification du Répertoire des Entreprises) number is a 14-digit identifier that includes the SIREN number (assigned to every registered business in France to identify the business and its legal entity, such as a company or a sole proprietorship), and an additional five-digit number that represents the specific location or establishment of the business. |
Germany | The Handelsregisternummer is a number every business gets when it’s listed in the German Trade Register (Handelsregister). |
India | Corporate Identification Number (CIN) is a 21 digits alpha-numeric code issued to companies incorporated within the country on being registered by the Registrar of Companies (ROC) situated in different states across India under the Ministry of Corporate Affairs (MCA). However, CIN is not given to the Limited Liability Partnerships (LLP) registered in India. For the LLPs, the ROC gives the LLPIN (Limited Liability Partnership Identification Number) that acts as a unique 7-digit identification number of the LLP. |
Netherlands | When you register your business in the Dutch Business Register (Handelsregister), you are given an 8-digit KVK number. |
Singapore | The Unique Entity Number (UEN) is a 9 or 10 digit identification number that is issued by the government in Singapore to all entities that operate within the country. |
Spain | The CIF - Código de Identificación Fiscal (CIF) number is a 9 digit identification number, composed of a letter plus eight digits, used to identify a Spanish company or legal entity for tax purposes. It is worth noting that the CIF has no longer been in use since 2008 and has now been merged with the NIF number which is used instead. |
United Kingdom | A Company Registration Number (CRN) is a unique eight-character code assigned to incorporated businesses in the UK. |
United States | An Employer Identification Number is the nine-digit number the Internal Revenue Service requires from business owners who pay employees. |
Your KYB process typically takes 5-7 business days, provided all required documents are submitted correctly and in full.
Please remember that the successful completion of KYB is a prerequisite before you can use our Pay Out feature. If you have any questions or need assistance, our support team is here to help at support+wallet@cargoai.co.
We hope you find this article useful!