AU required documents

This page outlines the documents required for stakeholders, applicants, and various business types to onboard a corporate customer registered in Australia.

Business details

The following documents are required as part of the Know Your Business (KYB) identification and verification process.

Stakeholders

AU resident individual stakeholders need to use the kycMode= E_KYC. kycMode=MANUAL_KYC should be passed for non-residents.

Manual KYC

When kycMode = MANUAL_KYC the following documents need to be submitted.

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IMPORTANT

If the document doesn't contain an address, you need to submit an Acceptable document for PROOF_OF_ADDRESS which can verify the address with documentType = PROOF_OF_ADDRESS.

If this additional document is not submitted, the compliance agent will raise an RFI for stakeholderAddress to which you can submit the additional document via the Respond to RFI API.

For a complete list of personal document types, see the values obtained from Fetch corporate constantsAPI with fieldName as documentType.

See Letter Of Authorization for suggested format of LOA in case you do not have one.

NOTE: Photocopies or scanned documents in black-and-white are not accepted for Passport, National Id, or Driver's License.

Applicants

Nium offers E_KYC, E_DOC_VERIFY, and MANUAL_KYC modes for applicant KYC in Australia.

• E_KYC is applicable for AU residents. No documents are required if the applicant is a director. Letter of Authorization is required to be uploaded if the applicant isn't a director.
• E_DOC_VERIFY is applicable for non-AU residents. Applicant needs to complete KYC using the redirect URL. Document details need to be passed for E_DOC_VERIFY and upload of document files isn't required.
• MANUAL_KYC required document details along with upload of document files.

Manual KYC

Every individual applicant needs to submit one of the following information when kycMode = MANUAL_KYC.

⚠️

IMPORTANT

If the document doesn't contain an address, you need to submit an Acceptable document for PROOF_OF_ADDRESS which can verify the address with documentType = PROOF_OF_ADDRESS.

If this additional document is not submitted, the compliance agent will raise an RFI for applicantAddress to which you can submit the additional document via the Respond to RFI API.

Every individual applicant needs to submit one of the following information when kycMode = E_DOC_VERIFY

For a complete list of personal document types, see the values obtained from Fetch corporate constantsAPI with fieldName as documentType.

See Letter Of Authorization for the suggested format of LOA in case you do not have one.

NOTE: Photocopies or scanned documents in black-and-white are not accepted for Passport, National Id, or Driver's License.

Acceptable documents for PROOF_OF_ADDRESS

NOTE: The above documents are in addition to the standard documents mentioned in Business, Stakeholder, or Applicant section. These can be passed under the documentType PROOF_OF_ADDRESS.

The above documents cannot be more than 90 days old when submitting.