Account statements for business accounts

Learn about the requirements for account statements that you present to your users for business accounts.

The information in this page does not constitute legal advice. It only provides an overview of Adyen's compliance guidelines for financial products. For additional, non-legal clarifications about this content, reach out to your Adyen contact.

When offering Adyen business accounts to your users, you need to provide them with account statements. In these account statements, you must include the data that Adyen provides you. This data must remain unchanged, and your account statement template must be approved by Adyen.

Required data

The following table shows the data that you must include in account statements for business accounts. You can get most of this data through Adyen's APIs. Any data that you get from Adyen's APIs must remain unchanged.

Required information	Required for EU	Required for US	Required for UK
Information about the financial institution: Name: Adyen N.V. Address: Simon Carmiggeltstraat 6, 1011DJ, Amsterdam Website: www.adyen.com Statement that Adyen N.V. is the financial institution issuing the business account.
Information about the financial institution: Name: Adyen N.V. San Francisco branch Address: 505 Brannan Street, San Francisco, CA 94107 Website: www.adyen.com Statement that Adyen N.V. San Francisco branch is the financial institution issuing the business account.
Information about the payment service provider (PSP): PSP name: Adyen N.V. London branch PSP address: 12-13 Wells Mews, London W1T 3HE PSP website: www.adyen.com Statement that Adyen N.V. London branch is the financial institution issuing the business account.
Not provided by Adyen's APIs Information about your platform: Name of your platform Website of platform Your platform's contact information and customer support lines.
Account type: Business bank account
Account type: Business account
Account holder details: Name as defined in the Legal Entity or Legal Arrangement Screening Procedure. If applicable, use the following format: [Name of your legal entity], Doing Business As [Name of your platform] Address as defined in the Legal Entity or Legal Arrangement Screening Procedure
Account details: Account type: Checking account Account number: the last four digits Currency code: EUR IBAN BIC
Account details: Account type: Checking account Account number: the last four digits Currency code: USD
Account details: Account type: E-money account Account number: the last four digits Currency code: GBP, EUR
The period of the statement, specifying the date of the beginning and the end of the period. For example: October 1, 2024 - October 31, 2024
The account balance, specifying the balance at the beginning and the end of the period of the statement.
Transaction data for every transaction within the period of the statement: Amount Date Transaction type Name of the payer or payee Balance after the transaction Any fees that Adyen charges your users for a specific transaction. For example: currency conversion fees.
Total debits or withdrawals during the period of the statement.
Total credits or deposits during the period of the statement.
For interest-bearing accounts, include: The Annual Percentage Yield Earned (APYE) The number of days in the period of the statement The amount of interest earned in the period of the statement. This amount must be specified in the currency of the account. Name of the payer or payee Balance after the transaction
A reference to the Depositor Information Sheet.
Provide the disclosure for the Deposit Guarantee Scheme (DGS): In the EU, Adyen N.V. is registered with the Dutch deposit guarantee scheme register and eligible funds up to EUR 100,000 are legally protected by the Dutch deposit guarantee scheme.
Disclose that the account is not FDIC insured, using the approved statement below: Adyen Business Bank Accounts in the United States are not insured by the FDIC and are not guaranteed by the Federal Government. If Adyen places deposits in a cash sweep program utilizing FDIC-insured depository institutions, such deposits may be covered by FDIC insurance up to applicable limits in accordance with the FDIC rules, including those relevant to the aggregation of multiple accounts.

Review by Adyen

After you have created a template for your account statements, you must submit it to Adyen for review and approval.