Acquiring Desk / BIC and SWIFT onboarding
BIC and SWIFT onboarding — International
Organisational file and technical coordination; SWIFT fees excluded.
- Place and authority
- International
- Capital
- Guarantees according to model and bank
- Renewal
- Annual confirmation
Place and authority
International. Organisational file and technical coordination; SWIFT fees excluded.
Capital
Guarantees according to model and bank
Renewal
Annual confirmation. The holder of a BIC confirms its data with Swift at least once a year. Source
Our work and its timing
Preparation and filing take 6–16 weeks once we have your documents. The decision and its timing belong to the authority: no time to approval is announced.
Documents we will ask you for
Company, UBOs, payments/risk managers and partners
Required in every case
- Power of representation, notarised remotely. It gives us standing to act on your behalf before registries, banks and the relevant authorities, within the limits it sets out. The notarisation session is held by video; a valid identity document is required.
- Certificate of incorporation or recent registry extract
- Up-to-date articles, memorandum/articles or constitutive deed
- Register of directors and register of shareholders
- Ownership chart up to the natural-person beneficial owners
- KYC of the directors, signatories and UBOs
- Current licence or strategy for backing by an authorised institution
- Flow diagram, countries, currencies, volumes, MCCs and merchant profiles
- Website/product, terms and conditions, privacy, refunds and customer support
- Fraud and chargeback data and processing history if available
- Technical architecture, PCI DSS, security, reconciliation and continuity
- Draft contracts with the sponsor, processor, schemes, banks and providers
Depending on the case
- PCI DSS attestation and security audits
- Reserve/collateral and proof of liquidity
- RFP, quotes and existing contracts
- Merchant list and onboarding/monitoring procedures
- Existing BIC, IBAN, scheme identifiers and technical certificates
The exact list follows what you order; it is confirmed in your client space after payment.
Questions
Where can this licence be obtained?
International.
What capital is required?
Guarantees according to model and bank
Does the licence need to be renewed?
Annual confirmation. The holder of a BIC confirms its data with Swift at least once a year.
How are your fees set?
Our fees for preparing and filing start at €25,990, excluding VAT, then €9,990 a year of follow-up from the 2nd year. The firm quote follows the scoping call, before anything is signed; the authority's own fees and the capital are not fees.
How long does it take?
Preparation and filing take 6–16 weeks once we have your documents. The decision and its timing belong to the authority: no time to approval is announced.
Do you guarantee the licence?
No. The licence is granted by the authority after its own review. Our commitment is the quality of the file, its filing and its follow-up until the decision.