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Applying for an Adyen Account

TL Pay – Adyen Account Application

Before you can use TL Pay and virtual cards with Adyen, you need to open and submit an Adyen account application from within Travel Ledger.

We recommend completing this as soon as possible so your account is ready for your migration date.


Overview

Travel Ledger is transitioning its primary banking infrastructure from Nium to Adyen. This move strengthens our payments infrastructure and supports the next phase of innovation across our network.

Adyen is a global financial technology leader list on the Dutch stock exchange and used by major enterprises such as Microsoft, Uber, and eBay. They also hold a banking licence in the UK

Adyen is the payment provider that powers TL Pay and virtual cards.

Once your Adyen account is approved:

  • You can send and receive TL Pay settlements

  • Funds can be paid out to your bank account

  • You can create and use Virtual Cards


Applying

Who can complete this?

Only users with TL Pay/Admin permissions can:

  • Open a new payment account

  • Submit the Adyen application

Before you start

Make sure you have the following information ready:

  • Company legal name and registration number

  • Registered and trading address

  • Director / Ultimate Beneficial Owner (UBO) details

  • Business activity description

  • Settlement bank account details

The application itself takes a few minutes to complete.

How to apply

1. Open TL Pay

In Travel Ledger go to TL Pay → Open New Account

Choose Adyen as the payment provider and 'Start Application'.


2. Complete the application

You will be asked to provide the following:

Company details

  • Legal entity name

  • Company registration number

  • Registered address

  • Trading address (if different)

  • Business activity


Directors & Ultimate Beneficial Owners (UBOs)

For each required individual:

  • Full legal name

  • Date of birth

  • Home address

  • Email address

  • Ownership percentage (if applicable)


Settlement bank account

This is the bank account where you will fund your Adyen account from.

You’ll need:

  • Account name

  • Sort code

  • Account number

  • IBAN (if applicable)


3. Submit the application

Once submitted:

  • The application is sent to Adyen for verification

  • You can leave the page safely

  • Your status will update automatically once reviewed


Application status

You can check progress at any time in:

TL Pay → Your payment account

Status meanings

Status
What it means

Pending

Application submitted and under review

More information required

Additional documents or details are needed

Active

Account approved and ready for your migration date


If more information is required

Adyen may request:

  • Proof of identity

  • Proof of address

  • Company verification documents

  • Bank account confirmation

If this happens:

  1. Open your payment account in TL Pay

  2. Upload the requested documents

  3. Resubmit

FAQs

How do I provide the KYC identification verification for a director or UBO who is not completing the form?

The verification can be sent to the relevant stakeholder through a link as outlined below.

  1. Select the decision maker section by clicking on 'add' and then 'Get Started':

  1. Fill out the information pertaining to the stakeholder:

  1. Choose the 'Invite Decision maker' option:

  1. Complete their details and any personal message you wish to add:

  1. Have a final check of the details you have provided:

  1. The invitation is now sent to the stakeholder, allowing them to complete the KYC form directly. Please advise them to have their passport or driving lincense available.

If I input the wrong type of business (sole trader/private limited company etc) how do I amend this?

You can click on the pencil at the top of the application page to change. Note: The form only gives sole proprietor and company options, if you are a partnership, please choose sole proprietor.

How do I complete the form as a Sole Trader/Proprietor/Partnership?

  1. Select business type 'Sole Proprietor'.

  1. In the Sole Proprietorship details screen, add your personal name in the Business legal name box. For a partnership, add the name of one of the partners.

  1. On the next page, tick the 'Yes' radio button to enable 'Doing Business As' name entry. Please enter the known business name here.

Need help?

If you have any questions, contact:

support@travelledger.org

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