How do I get different account types verified?

Bitaroo offers 4 account types:

Individual

Payroll

Corporate

SMSF or Trust

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Individual

All users must be Australian and 18 years or older.

We use Digital ID to comply with KYC requirements.

Follow the steps in the sign up process and you should be verified within minutes.

If you come across any issues or have any queries, please contact us.

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Payroll

A Bitaroo Payroll Account is a seperate account to your Individual Bitaroo Account.

Your employer may deposit a portion or your entire after-tax salary directly into this account via a bank transfer.

To setup your Bitaroo Payroll Account, please do the following:

1. Open and fully verify (KYC) an Individual Bitaroo Account.
2. Use this form to provide us with:
   • Email address associated with your Individual Bitaroo Account
   • A different email address to be later used for your Bitaroo Payroll Account (please do not open a Bitaroo Account with this email address, we will do this for you)

Upon receiving your form, an automated response will be sent. A human response will follow within 24 hours. We will then provide you with a secure portal to upload the following:

• Letter of Employment or a recent payslip (blacking out figures is fine)

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Corporate

Business accounts are accepted on a case to case basis. Generally, simple ownership structures should be fine. If your business has a complex ownership structure, please contact us first.

If your business has only individual Australian shareholders, then please do the following:

1. Get all beneficial owners (shareholders owning 25% and over) to open and fully verify (KYC) their Individual Bitaroo Accounts.
2. Use this form to provide us with:
   • Email addresses associated with shareholders' Individual Bitaroo Accounts 
   • A different email address to be later used for the Bitaroo Corporate Account (please do not open a Bitaroo Account with this email address, we will do this for you)

Upon receiving your form, an automated response will be sent. A human response will follow within 24 hours. We will then provide you with a secure portal to upload the following: 

• A current 'Company Extract' (example)

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SMSF or Trust

To setup your Self Managed Super Fund (SMSF) or Trust Bitaroo Account, please do the following:

1. Get all beneficiaries to open and fully verify (KYC) their Individual Bitaroo accounts.
2. Use this form to provide us with:
• SMSF/Trust name, ABN and registered address
• Email addresses associated with beneficiaries' Individual Bitaroo Accounts
• A different email address to be later used for the Bitaroo SMSF/Trust Account (please do not open a Bitaroo Account with this email address, we will do this for you)

Upon receiving your form, an automated response will be sent. A human response will follow within 24 hours. We will then provide you with a secure portal to upload the following: 

• Copy of the Trust Deed (signed) - PDF format
• If Corporate Trustee, a current 'Company Extract' (example) - PDF format

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