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Coins.ph for Business

  1. How do I get business verified?
    • To get started, first please register your coins.ph account for you business. You can register by heading over to https://app.coins.ph/welcome/signup
    • Please complete your  ID, Selfie and Address verification. Once you have completed those steps, please complete the Business verification form.
    • These are the forms that need to be filled out
      1. Identity, Selfie, Address Verification - for the person who has access to the account / signatory
      2. Business Verification - submit your business documents and provide some basic information about your business
  2. Is there a fee?
    • It’s pay-as-you go service! You are only charged transaction fees, if any. We do not charge any fees for creating or maintaining a business account with us. We do not require any average daily balance to be maintained in your account in order to use the service.
  3. What are the requirements to become business verified?
    • Certificate of Registration issued by the Department of Trade and Industry (DTI) for single proprietors;
        1. Additional documents
          1. For sole proprietorships operating under the name of a spouse or other business partner, please have the sole proprietor sign and notarize a Special Power of Attorney document (SPA) confirming that you have legal power to open and operate an account with Coins.ph on behalf of the business in question.
      1. or by the Securities and Exchange Commission (SEC), for corporations and partnerships;
          1. Articles of Incorporation or Association and By-Laws.
          2. Secretary Certificate: A Secretary Certificate is required to open an account with us, giving you the authority to operate the account on behalf of your company. The Secretary Certificate should be signed and notarized before submitted. The template for the certificate can be downloaded from the business application form
          3. Directors and Major stockholders and Officers: (i) For Philippine Companies: Latest GIS as filed with the SEC. (ii) For companies registered outside the Philippines,:a formal document (or signed declaration if such formal document is not obtainable) listing.

If you are engaged in a regulated activity/industry, please submit a copy of your license/regulatory approval by the respective regulator.

    • Additional documents
      1. Certificate of Registration issued by the Bangko Sentral ng Pilipinas (BSP), for money chargers/foreign exchange dealers and remittance agents; and
      2. For sole proprietorships operating under the name of a spouse or other business partner, please have the sole proprietor sign and notarize a Special Power of Attorney document (SPA) confirming that you have legal power to open and operate an account with Coins.ph on behalf of the business in question. A template for the SPA is available upon request.
  • My company is registered outside the Philippines. Can I still use Coins.ph?
    • Yes you may still use Coins.ph for your business. At the business verification stage, please submit the equivalent documents of your country of registration. Those documents would be required to be duly authenticated by the Philippine consulate in your home jurisdiction. Please get in touch in advance for us to confirm your documents before you getting those authenticated.
  • I have a website. Are there any APIs available?
    • Yes we do have APIs for different functions. You click on this link for more information - https://coins.readme.io/
    • Just apply for business verification and get approved to start using these for your business.
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