Business Identity
Legal name, formation type, state of formation, and EIN provide the legal basis for banking relationships and tax reporting; include contact details for operations and finance.
A precise, complete form reduces onboarding delays, establishes legal authority to operate or place an ATM, and documents responsibilities for cash handling, service, and liability between parties.
Final approval commonly rests with the bank or ATM operator after verification of identity, insurance, and site suitability.
Legal name, formation type, state of formation, and EIN provide the legal basis for banking relationships and tax reporting; include contact details for operations and finance.
Exact ATM location, indoor/outdoor status, mounting details, power and network availability, hours of operation, and proximity to entrances and security cameras.
Designated bank account and routing number for transaction settlement, monthly reconciliation preferences, and remittance contact information.
General liability and property insurance policy numbers, carrier contact, and coverage limits; operator and owner indemnity clauses where applicable.
Cash loading responsibilities, surcharge and revenue split terms, service windows, and maintenance response expectations documented clearly for both parties.
Signature blocks for the business, property owner (if required), and the operator; include printed names, titles, and dates to confirm authority.
| Field | Configuration |
|---|---|
| Authentication Level | Email + SMS OTP or KBA for high assurance |
| Signer Order | Property owner → Business → Operator |
| Conditional Fields | Show bank fields only when electronic settlement selected |
| Attachment Requirements | Require proof of insurance and lease PDF |
Choose a solution that logs an audit trail, stores signed copies securely, and can provide a BAA if HIPAA applies.
1–3 business days after submission
3–10 business days depending on checks
Same day to several days based on availability
7–30 days from final approval
3–7 business days after account verification
Form and attachments uploaded for initial review.
Identity, insurance, and site checks finalized by reviewers.
Bank account validated and transaction routing configured.
Physical installation and testing conclude and service begins.
| Criteria | Paper Form | Electronic Form |
|---|---|---|
| Legally Binding | yes with ink | yes under esign/ueta |
| Processing Time | slower, mail delays | faster, immediate routing |
| Auditability | limited manual logs | full digital audit trail |
| Storage | physical file required | secure encrypted storage |
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial, no credit card | Varies | Varies | Varies | Varies |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |