Updating Your AndDone Merchant Account Due to Business Acquisition
If your business has recently been acquired by a new legal entity, a full re-onboarding process is required to update your account with AndDone.
What This Means for You
Because the acquisition results in changes such as:
- New legal business name
- New Tax Identification Number (TIN)
- New ownership/control
We treat this as a new onboarding to ensure compliance with federal regulations.
What Are the Next Steps?
After we receive notification of your business acquisition, we will send you a secure link containing the necessary forms to complete your re-onboarding. Through this process, you will:
- Confirm your new company details
- Provide information about the individual(s) who own or control the business
- Submit documentation *details below for your new bank account
Required Documents
*All documents must clearly display your new business name, the bank name, and the full account number.*
When completing the forms we will ask you to securely upload both a business verification document and a bank verification document from the list below:
Business Documentation Verification:
- IRS EIN Confirmation Letter (CP 575) or equivalent official documentation showing your new business name and EIN.
Bank Documentation (provide one of the following):
- Voided Check (must show routing and account numbers)
- Bank Letter (on official letterhead, dated within last 12 months)
- Bank Statement (dated within last 12 months, balances may be redacted)
After all forms and documents are submitted, our underwriting team will complete a review and contact you if further information is needed.
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What to Gather Before Starting Your AndDone Onboarding Application?
If you need assistance or have any further questions, please click here to contact our support team.