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  1. FAQs
  2. FAQs
  3. Novo Account Management
  4. Additional Users & Ultimate Beneficial Owners (UBOs)

Additional Users & Ultimate Beneficial Owners (UBOs)

  • What is the meaning of an additional user on my account?
  • What is the difference between removing UBO details and removing an additional user from my account?
  • How do I add a user to my account?
  • How do I remove an additional user?
  • What is a UBO? What information is required while adding UBO information?
  • Can UBOs edit their own information?
  • What happens after I submit a request to add or edit UBO information?
  • Can I update the details of multiple UBOs at once?
  • Can I add a UBO that I have removed previously?
  • A new individual now owns 25% or more of my business. How do I add this information to my account?
  • An individual that previously held more than 25% of my business now holds less than 25%. How do I remove their information from my account?
  • How long does it take to get my business's UBO details updated?
  • A UBO's identifying information (e.g. address) is out of date. How do I update this information?
  • What happens if a UBO's details change after I’ve submitted a request?
  • How do I know if my UBO information has been updated successfully?
  • What types of changes can I make to a UBO's information?
  • How can I view the current UBO information associated with my account?
  • How do I update the ownership percentage of an existing UBO?
  • Can I add a user with partial/read-only access?
  • Additional user needs help with their application
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