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Can I delay my nature of business verification?

You can delay verifying your nature of business, if your company has been incorporated for less than 3 months. To do this:

  • Open your Business account application
  • Choose 'Postpone proof submission' under proof of nature of business options

You’ll be asked to verify your nature of business when either:

  • 2 months have passed from when you postponed your proof submission
  • you've received inbound payments totalling 10,000 GBP (or equivalent in other currencies)