To open an account, all you need to do is to register on the website. You will receive an email with further instructions.
We will ask you to provide us the same types of documents for the Primary and Secondary verifications. There is a difference in the way these documents are delivered to UWCFS. You can find additional information here.
Individuals (Individual Customers):
Primary Verification 1+1:
- one scanned copy of your identity document
- one scanned copy of any official document that confirms your residential/registration address
- completed electronic Personal Questionnaire form
Primary Verification 2+2:
- two scanned copies of your identity document
- two scanned copies of a different official document confirming your residential/registration address
- completed electronic Personal Questionnaire form
Secondary Verification 1+1
- notarized scanned copy of any document that confirms your identity
- the original official document that confirm your residential/registration address
- completed paper Personal Questionnaire form
Secondary Verification 2+2
- two notarized copies of different documents that confirm your identity
- two original official documents that confirm your residential/registration address
- completed paper Personal Questionnaire form
Legal entities (Corporate Customers):
- Company registration documents (Certificate of Incorporation)
- Company Statutes (Memorandum & Article of Association)
- Certificate of Good Standing - not older than 6 months
- Beneficial Owner Certificate
- Director's authority for representation
- If the company has two or more directors, a director’s signature of authorization on behalf of the company is required
- Documents for all individual beneficiaries, directors, and other persons that have access to the account. Required documents are the same as for Individual Customers (see above)
- Correspondence addresses of the legal entity and beneficiaries, directors, and other persons having access to the account.
If beneficiaries are legal entities, the following documents are required:
- Certificate of Incorporation and Certificates of Good Standing for each beneficiary not older than 6 months
- Full set of documents for all directors and beneficiaries of these legal entities, in accordance with the requirements for account opening by Individual Customers (see above)
Eligible individuals (aged 18 and older) and legal persons can open a UWCFS account.
To enjoy all our services, you need to complete the entire registration and verification processes.
Maintenance and servicing of the UWCFS accounts is free of charge.
A proof of identity
-Copy of your ID needs to:
- be valid for another 6 months
- be written with latin letters
-include your photograph, date of birth, a serial number, and issue/expiration dates
It could be:
-Passport
-Driving License
-National ID
-Social Security number (for the countries where it is a plastic card with photo)
We will accept a good quality, color scanned copy of the document.
In case you upload documents via Account Management System, we accept the following formats: jpg/jpeg/bmp/gif/png.
Please provide us with a certified translation of the documents if originally they are not in Russian, English, French, or Czech.
For the purposes of Secondary verification, this document should be officially notarized.
If you don't have such possibility in your country, you have to print the personal application with all personal details. You need to sign this document and have it officially notarized.
The personal application should be attached to the copy of your document.
Proof of Residence
-The proof of address should strictly be at the applicant's name (we cannot accept documents with any other name than your own).
-The proof of address should bear the same address you provided during the registration. The proof of address should be complete and contain the postal code.
-The proof of address should be not older than 90 days if you upload it via Account Management System and not older than 60 days if sent through regular mail. This could be a utility bill or bank statement on your name; we cannot accept bills from mobile operators due to current legal requirements. The original bank statement has to be also certified: to be stamped as a true copy by the issuing bank.
-We cannot accept digital copies of the documents. The recent proof of address should be received through regular mail.
-PO BOX address in a proof of address is not an acceptable form of a delivery address for the UWCFS Quick Card.
Please provide us with a certified translation of the documents if originally they are not in Russian, English, French, or Czech.
Verification is the process used to confirm identity based on provided documents.
Every new customer must go through the verification process to confirm his/her identity. The higher your verification level, the less restrictions you will have.
Primary verification confirms identity and requires an upload of scanned documents (one identification document + one proof of address (1+1), or two identification documents + two proofs of address (2+2). It is also needed to complete Personal Questionnaire form on our website.
Secondary verification confirms identity through notarized paper copies of documents sent through mail in addition to scanned versions. (one notarized identification document + one original proof of address , or two notarized identification documents + two original proofs of address). To speed up the process, please mail us documents by regular post only after successful Primary Verification.
Verification 1+1 is convenient for clients who want to order a UWCFS Quick Card. The clients who are planning to use UWCFS services without initial limitations, must provide UWCFS with 2+2 documents.
After successful Primary Verification you are allowed:
a) According to 1+1 (scanned documents)
- to top up your account using the banking option of your choice, except e-wallets. However, it is possible to top up UWCFS account via OKPAY and WebMoney e-currency
- make transactions not exceeding €1000
- to order a UWCFS Quick Card
b) According to 2+2 (scanned documents)
- to top up your account using the banking option of your choice, except e-wallets. However, it is possible to top up your account via OKPAY and WebMoney e-currency
- to withdraw money using all banking options
- make transactions not exceeding €1000
After successful Secondary Verification you are allowed:
a) According to 1+1 documents copies sent by post
-to top up your account using the banking option of your choice, except e-wallets. However, it is possible to top up UWCFS account via OKPAY and Webmoney e-currency
- to work with your Quick Card (both top up and withdrawal)
b) according to 2+2 documents copies sent by post
-to use your UWCFS account and all its products without initial limitations
Under the limitations of the Primary Verification process, the sum of ALL transactions made cannot exceed €1000. If transactions exceed this limit, the user will need to complete the Secondary Verification process.
Without Secondary Verification, you are not allowed to top up or withdraw from a UWCFS account using the authorized e-wallets. *This restriction does not apply to OKPAY and Webmoney e-money systems. Please note, sum of all e-currency transactions cannot exceed 1000 EURO.
If you wish to work over this limit, you will have to go though the Secondary verification process. The amount loaded through any of the listed e-money systems will be frozen on the account until the customer successfully completes Secondary verification process. The verification must be completed within 40 days. Otherwise, the transferred funds will be returned to the original e-wallet and you will be fined a commission fee.
Without Secondary Verification, you are not allowed to top up your UWCFS Quick Card or withdraw money via ATM and POS transactions.
Recurrent verifications
Recurrent verifications are requested from individual customers if any of the verification documents need to be renewed. We reserve the right to request a copy of a new document or proof of a new address/registration (once every 12 months). Corporate customers must provide us with a new Certificate of Good Standing every 6 months.
We will inform you if additional documents are required.
Guidelines for certified documents:
1) Take with you a clear and legible copy of the documents, along with the originals, to any of the following professionals:
-Accountant
-Barrister/Advocate
-Embassy, Consulate or High Commission of the country of issue
-Independent Financial Advisor
-Notaries
-Official of a bank or other financial sector firm regulated by FSA (for example, a high street bank or building society)
-Solicitor
2) The nominated professional must write this exact phrase on the copy of your document:
‘I certify that this is a true copy of the passport/ID Card/driving license/bank statement/utility bill of [Mr, Mrs, Miss, Ms or other title followed by full name]’
3) They must then sign the copy of your document, and clearly provide the following information on the same page:
-Full name
-Date
-Profession
-Business address
-Business contact number
What is certified translation?
A certified translation is a translation signed and dated by a professional translator who has given a professional oath in a court of law.
For the Primary verification, go to the Account Management System, and select Settings - Documents Uploading.
We strongly recommend that you use the Account Management System to upload documents as processing the documents by e-mail will take more time.
For the Secondary verification, please send your documents to our office in Prague:
UWCFS
Xaveriova 1946 / 5
150 00 Prague 5
Czech Republic
UWCFS will notify clients individually for periodic verification.
The verification process takes about 48 hours from the receipt of documents. In the event of a large number of requests, the approval period could be increased.
In the case of the Secondary Verification, UWCFS is not responsible for the time of mail delivery.
The account can be not verified in several cases:
- We are still expecting the verification documents from you.
- The verification process is not yet completed.
- The submitted documents do not satisfy the requ irements of our company.
If your account is not verified, then you cannot perform any operations
