Documents Needed for Setup

When setting up VendorPay, you will need to ensure the details entered match what's listed in the IRS for the Company and Individual. The information you will need to enter during setup is listed below.

1. Bank Controller Information (Name, Title, Last 4 SSN, DOB, Home Address)

2. Business Legal Name

3. EIN Number

4. Location's Fiscal Address 

5. Account Name and Details (Routing + Account Number)

6. Signatory User (can be the same as the controller or any other user authorized to sign checks)

7. Beneficial Owner Details (a person who owns 25% or more of the company,

   1. NOTE:  If there is no individual that owns more than 25% of then this may be skipped and a controller added.

   2.  Needed: Full Legal Name, Full Social, DOB, Home Address). 

Foreign Owners:

• If you are an owner/controller located outside the United States you may provide your passport number

• Address of your residence

Additional verification may be needed. In that case, we highly recommend having the documents below ready. After submission, verification of such documents takes up to 2 business days.

1. Beneficial Owner/Controller's Photo ID and full SSN (must be in color, photos preferred over scans)

2. SS4 EIN Issuance Letter, 501c3, or federally issued equivalent.

3. Proof of address (utility bill, lease, bank statement with operating address, liquor or sales licence)

4. 
   

Documents not accepted:

1.  Articles of Organization

2. Application for EIN

3. W9