20Msig Program
Pre-Qualify Yourself for a Merchant Credit Card Account
Your Application Should Be Approved...
...If You Are in Compliance with the Following Criteria
Acceptable Businesses
Most Businesses Are Acceptable
Unacceptable Businesses
Check Cashing
Cold Call Outbound Programs
Collection Agencies
Computer Sales
Credit Card Protection
Credit Restoration
Dating Clubs or Services
Drug Paraphernalia
Escort Service
Future Services (e.g. room, vacation reservations)
Hair Growing Products
Investment Opportunities
Lotteries/Raffles
Pyramid Sales
Travel Related 
Have You Ever Accepted Credit Cards?


Sample Copy of Requirements CHECKLIST
(Checklist is completed and submitted with bank application.)
20Msig: Bank App Checklist
In the last 12 months: No Unsatisfied Judgements, No Unreleased Tax Liens,
No Pending Law Suits, and No Bankruptcy Not Discharged.

Merchant Bankcard Application form.
Merchant Agreement form.
Internet Merchant Data form.
American Express Application.
Submit the AMEX App. It's Free and incurs no extra monthly charges.

If applicable, copies of Articles of Incorporation,
and/or Partnership Agreement.

Webpages printout (intro pages). Include order page with the following notice to your customers:
  "The merchant name "Your DBA (Doing Business As) Name" will appear alongside the amount charged on 
    your credit card statement."
U.S. street address for business.
Product/Service Ad copy, Brochure, and/or Fliers.
Pictures or samples of products, if possible.
Interior Photo showing at least a desk and phone.
Exterior Photo showing front of Home/Business (w/signage if any).
Copy of Business License and Fictitious Name Statement. 
If not required by your municipality then include a 
statement in our own words indicating so.

Copy of Driver's License
Two Voided Business Checks. TAPE top of check to Bank App & Amex App.
If applicable, main supplier of product listed as trade reference.
If applicable, last 3 months statements from past/current card processor.
    Extra Documents Required for Monthly Processing Limits Above $100,000
    ----begin Extra Docs List-----
    Business Financial Statements.
    Last 2 years signed and dated. Most current prepared within last 90 days. 
    If in business less than 2 years, then most current signed and dated.

    Business Tax Returns. 
    Last 2 years signed and dated. 
    If in business less than 2 years, then most current signed and dated.

    Personal Financial Statement for each Principal signed and dated.
    Personal Tax Returns for Each Principal.
    Last 2 years signed and dated.

    Last 3 Months Merchant Bank Processing Statements.
    Last 3 Months Business Bank Statements.
    Samples of Advertising AND Product.
    Telemarketing Scripts (if being used).
    ----end Extra Docs List-----
    Additional Requirements for Non-U.S. Merchants
    ----begin Requirements for Non-U.S.Merchants-----

       Personal Financial Statement for each Principal signed and dated.
       Website hosted in U.S.
    * Business must be Incorporated in U.S.
    * U.S. Bank Account
    * U.S. Physical Address
    * If products sold, then products must be held in U.S. and shipped from U.S.
      *American Corporate Register - U.S. Incorporation Registration Service  can assist with these requirements.
      *Corporate.com - U.S. Incorporation Registration Service  can assist with these requirements.
      Upfront Deposit: 40% of monthly processing limit (minimum  monthly process limit=$10,000)
      Rolling Reserve: 5% over 6 month  or 12 month basis. 

      e.g.  Rolling Reserve: 5% over 6 month basis = 5% added to transaction rate and applied against 
      actual sales for the life of the account.  At 7th month, the 1st month's reserve is returned to merchant. 
      At 8th month, the 2nd month's reserve is returned.  At 9th mo., the 3rd month's reserve is returned etc.
    ----end Requirements for Non-U.S.Merchants-----

    Additional Requirements for Ecash Merchants
    ----begin Requirements Ecash Merchants----

       Copy of agreement between Ecash merchant and its clients.
       Description of how Ecash merchant earns its income from its clients.
       Schedule of Fees to clients.
       Identity of bank holding unused Ecash funds for clients.
       Contact person at bank holding unused Ecash funds for clients.
       Current bank balance of unused Ecash funds, and number of clients the balance represents.
       Name and address where Ecash merchant's domestic server
    ---end Requirements for Ecash Merchants-----
     

Include Check for App Fee payable to: Del West Merchant Services
   $25 App Fee ($100 non-U.S. merchant, $225 Ecash merchant) if purchasing softw. or hardw. or Verisign or AuthorizeNet real time processing from Del West.
   $125 App Fee ($200 non-U.S. merchant, $325 Ecash merchant) if not purchasing softw. or hardw. or Verisign or AuthorizeNet real time processing from Del West.
    Adult Content Sites: Add $680 to App Fee for Visa High Risk Premium.
Send Completed Application with Checklist to:
Del West Merchant Services, 10415 Summerwood Court, San Diego, CA 92131

Keep a copy of completed application for future reference.
Return to the Comparison Table of RATES & FEES & SERVICES
...And decide upon the appropriate Merchant Bankcard Program.