To register an institution's account, you will need a few documents:
Can one company open more than one account in Mobee?
Unfortunately, no. Each company is only allowed to register one account on Mobee.
Can I use the same phone number for both the company and the PIC?
No, the company number and the PIC’s number must be different.
How long does it take to review an institution's account?
Our team will review your application within 1–3 working hours once all documents are complete.
What does “PoA” mean?
PoA stands for Proof of Address. Examples include a recent bank statement or electricity bill showing the company’s name and address.
Can my institution's account application get rejected?
Yes, if the screening process identifies any red flags (such as links to criminal activity, money laundering, or terrorism financing), or if your documents are incomplete, the application may be declined.
What kind of trading purpose is allowed for institutions accounts in Mobee?
Institutions accounts are only approved for investment purposes.
What types of activities are restricted by authorities for institutions accounts?
Activities such as payment services and wealth transfers are not allowed under a institutions account.
Does the Account Manager have to be a Director?
Not necessarily. The Account Manager doesn’t have to be a Director, but if they’re not, you’ll need to provide a Letter of Authorization from the company.