To verify your residential details during the UK company formation or corporate compliance process, Form My Company accepts specific bank or building society statements issued by institutions that conduct rigorous identity verification checks.
This verification ensures your residential address is independently validated, confirming that you genuinely reside at that location. These standards allow Form My Company to maintain full compliance with AML (Anti-Money Laundering) regulations enforced by HMRC, Companies House, and Trading Standards.
Acceptable Bank and Building Society Statements
To satisfy compliance standards for company directors, shareholders, and ultimate beneficial owners (UBOs), your statement must meet the following mandatory criteria:
- Transaction History: Must display at least 1 month of active current account transactions.
- Validity Period: Must be officially issued within the last 3 months.
- Approved Financial Institutions: Must originate from a major UK high street bank or building society.
- Account Type: Must be issued for a primary personal current account.
Approved UK Financial Institutions
- HSBC
- Barclays
- Lloyds Banking Group
- NatWest Group
- Santander UK
- Nationwide Building Society
Unacceptable Financial Statements and Documents
Form My Company strictly rejects the following documents for identity and address verification purposes:
- Credit card statements
- Personal savings account statements
- Statements from digital-only or challenger banks
- Statements issued over 3 months ago
- Account statements showing minimal, inactive, or zero transaction history
- Files that are redacted, covered, cropped, altered, or edited in any form
Why Form My Company Enforces These Verification Standards
Active Everyday Transactions
Personal current accounts display ongoing financial activity, including salary credits, utility payments, rent, and daily living expenses. These recurring transactions provide strong proof that the account is actively maintained and directly linked to your declared residential address.
Savings Account Limitations
Savings accounts usually feature sporadic or minimal activity, making them insufficient for establishing active residency for corporate compliance.
Stringent High Street Bank Verification
Traditional UK high street financial institutions perform exhaustive face-to-face and biometric identity verification when opening accounts. Consequently, their official statements carry a higher level of regulatory trust under UK corporate service provider regulations.
Digital-only financial institutions and challenger platforms often operate under different onboarding thresholds. As a result, Form My Company cannot accept digital-only statements for statutory proof of address checks.
Privacy Protection and Alternative Proof of Address Options
All submitted proof of address files must be completely visible, unaltered, and unedited. Form My Company cannot process statements where transaction details or personal information have been redacted, obscured, or cropped out, as full page visibility is required to prevent document fraud.
If you prefer not to submit a bank statement due to personal privacy concerns regarding transaction data, you can upload one of the following official alternative proof of address documents:
- Utility Bill: Gas, electricity, water, or fixed landline/broadband bill issued within the last 3 months.
- Mortgage Statement: Official annual statement issued by a recognised UK lender within the last 12 months.
- Council Tax Bill: Current UK annual council tax statement for the active billing period.
These alternative documents confirm your residential status without disclosing daily financial transactions.