Key takeaways
- The letter should be addressed to MetaQuotes and name your company exactly.
- A certified bank statement may be considered if a letter is not available.
- A PSP confirmation letter can support the file for businesses operating through payment providers.
- Start banking early; it is often the slowest step.
What the letter should contain
- Bank letterhead, date and signature.
- Addressed to MetaQuotes.
- Full company name and registration details exactly as on the certificate.
- Confirmation that the account is open and in good standing, and since when.
Alternatives
If the bank will not issue a letter, a certified statement may be accepted. Brokers operating mainly through payment providers can add a certified PSP confirmation letter.
Getting banked as a new broker
Banks look at the same things MetaQuotes does: clear ownership, real addresses, a licence or legal opinion and a credible business plan. A regulated licence opens the most doors. See offshore company bank accounts.