If you are changing your legal entity, we will submit a new application to the bank and obtain a fresh merchant ID. Once it is live and everything is transferred, the old account can be closed.
Please contact us at support@blinkpayment.co.uk with your merchant ID and your request in the subject, along with the below information:
For a change of legal entity process, the information to gather is as follows:
Company registration number
Company’s legal entity name
VAT number
Main point of contact details i.e. name, mobile/phone number, email address
2 director’s DOB and residential address
Trading name for the new MID
Trading address for MID
Proof of banking i.e. bank statement that shows date, company legal name, sort code and account number, IBAN
Proof of trading address i.e. utility bill showing business trading name and address
Business annual turnover
Card turnover
ATV – average transaction value
Any assets to be transferred i.e. gateway, terminals?
Confirmation on MID type i.e. CP, MOTO, ECOM and the split