This page contains details about the Australia Know Your Business (KYB) flows and links to the following sub-pages for a quick reference:
|AU required fields||This page lists the required API fields of each entity type.|
|AU required documents||This page contains tables listing the required documents for verification of the business entity, stakeholders, and applicants.|
|AU position mapping||This page gives a quick glance at the required positions of each entity type.|
|AU request examples||This page contains API request examples for AU entities.|
MANUAL_KYB flows for customers in Australia.
E_KYB flow is fully automated, allowing corporate customers to be approved within a few minutes of submitting their application, making it the preferred mode for all customers. Reach out to Nium's sales team to configure the
E_KYB flow for your account.
The following steps are required to complete the
Step 1. Public Corporate Details Using Business ID API
To start the eKYB process, collect the basic details about the corporate customer from the applicant through an onboarding form, including the
countryCode, and then call Nium's Public Corporate Details Using Business ID API.
This API returns publicly available information about the corporate customer, which you then display to the customer so they can select and confirm the
businessRegistrationNumber along with any other optional details.
This step is optional and is intended to help the applicant select the right details.
This API returns multiple results for a given
businessRegistrationNumber which you display to your customer and let them select the correct result.
If no results are returned, call the Onboard Corporate Customer API with a full request body. Such applications go through manual review, making the eKYB process not applicable.
Step 2. Onboard Corporate Customer API
You need to collect all the details required to call the Onboard Corporate Customer API through an onboarding form and call it with the full request body.
KYC for applicants
Australia supports all three KYC flows, (
MANUAL_KYC). You need to pass the following parameter in the
E_KYCfor Australian residents
E_DOC_VERIFYfor non-Australian residents
If required, you can use
Manual_KYC for non-Australian residents, but those applications go through manual review and cannot be verified in real time. Uploading of documents is mandatory for
MANUAL_KYC which needs to be sent in the
businessDetails.applicantDetails.documentDetails object. For details, see AU required documents for applicants.
Upon submission, the
status in the response of the Onboard Corporate Customer API is
If any documents are required, the applicant needs to upload them to proceed further. Once done, Nium initiates real-time verification and sends the response via a webhook. The application can be approved at this stage. If it can't be approved, it goes through manual review.
Any changes in the
status is communicated via a webhook. For the next steps based on the response of a webhook, see Webhooks.
E_DOC_VERIFY for applicants
As a response to the Onboard Corp Customer API, Nium returns a redirect URL. You need to save this URL and redirect the applicant to the redirectURL. Applicant then lands on our KYC vendor's page, where he can complete the KYC verification by uploading his proof of identity and proof of address documents with a live selfie. After that, applicants are redirected back to your client KYC redirect URL that was configured with Nium.
Redirection can result in the following scenarios, based on the below parameters.
isSuccess- This field indicates if the applicant completed the required steps in the vendor’s UI. It doesn't mean KYC is successful.
|Scenario||Expected action from client||Query parameters in the redirection|
|The applicant completed the required steps in the vendor’s UI.||Wait for webhook.|
|The redirect URL expired due to timeout.||Call Regenerate KYC URL API.|
|The document has already been submitted in the vendor's UI.||KYC Process is completed. Client needs to wait for webhook.|
|The customer has provided incorrect data in the vendor's UI.||Ask customer to submit correct data in the vendors page.|
|Verification Failure at the Vendor.||The application goes to manual review. The client needs to wait for webhook.|
|Internal Server error at Nium.||Try after some time or reach out to Nium's support.|
|Any unexpected error from the vendor.||Try after some time or reach out to Nium's support.|
|Validation already completed and customer retries the same link.||KYC Process is completed. The client need to wait for webhook.|
Based on the scenario, you can implement the next steps as provided in the table above.
Example of a redirect to the client in a successful case
Example of a redirect to the client in a failed case
For applicants where the
US, the applicant's address'
state needs to be a valid 2 letter state code. Use Fetch corporate constants API for acceptable values.
There's an expiration time for the
redirectURLso the applicant needs to complete the process soon after submitting the application.
If the URL expires, the applicant is redirected to your configured client KYC redirect URL with an error message. Use Regenerate KYC URL API to get a new URL with a new expiration time.
MANUAL_KYC modes are offered for KYC of Individual stakeholders in the eKYB flow in Australia.
For stakeholders, you pass
E_KYC (for AU residents) or
MANUAL_KYC (for non-AU residents) in
MANUAL_KYC go through manual review and cannot be verified in real-time.
The uploading of documents is mandatory for
MANUAL_KYC which has to be sent in
businessDetails.stakeholders.stakeholderDetails. See AU required documents for details.
Upload documents if required
If no results are returned as part of the Public Corporate Details Using Business ID API for the particular
businessRegistrationNumber, you need to upload documents since Nium doesn't retrieve certain required information from some of its sources.
If the Public Corporate Details Using Business ID API returns a match, you generally don't need to upload documents. However, even in this flow, there might be a particular scenario that requires the applicant to provide some documents.
Documents can be submitted either of two ways:
- As part of the Onboard Corporate Customer API
- Via the Upload Document API
The Upload Document API is preferred since it uploads one document at a time, which reduces the loading time. This API can be called only while the application is in the
You can use the
remarks field to list which documents Nium is expecting, in the response of both APIs.
For the entire list of required documents for manual KYB and eKYB flows, see AU required documents.
Manual KYB flow
MANUAL_KYB process is similar to
E_KYB with one exception, documents are mandatory in all cases.
- The manual KYB flow requires the submission of business documents. You can send them via the Onboard Corporate Customer API or via the Upload Document API under the
businessDetails.documentDetailssection. Nium doesn't initiate verification until all required documents are submitted.
The Upload Document API is preferred since it can upload one document at a time, which reduces loading times.
- The KYC applicant is the same in the
- Only the
MANUAL_KYCprocess is offered for individual stakeholders. You need to pass
businessDetails.applicantDetails.kycModeobject. You need to upload your documents. Send the information in the
For details, see AU required documents.
Once the API is submitted, the next steps are the same as those in the eKYB process, except that all applications are required to go through the manual review. For the next steps, see Quickstart: Corporate Customer.
Updated about 8 hours ago