Business KYB + UBO flow
Requirements and steps to onboard a business customer and its UBOs so it can transfer.
Requirements (Business KYB)
Typical requirements include:
- Company Details (e.g. name, address, phone number, email, etc.)
- Company documents
- Incorporation/registration documents
- Shareholder registry
- Director registry
- Proof of address
- Provide Associated Persons (e.g. directors, shareholders, etc.) (UBOs)
- Identity document (e.g. passport, ID card, driver's license, etc.)
- Residential address
- Liveness and identity verification checks
- Questionnaire on the business and the expected transaction volume.