NZ Required Documents

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

Business details

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

businessTypeRequired Document
  • GOVERNMENT_ENTITY
  • PRIVATE_COMPANY
  • PUBLIC_COMPANY
  • SOLE_TRADER
  • CLUB_ASSOCIATION
  • N/A
  • GENERAL_PARTNERSHIP
  • LIMITED_PARTNERSHIP
  • PARTNERSHIP_DEED
    TRUSTTRUST_DEED

    Stakeholders

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

    E KYC

    In E KYC mode, no document file is needed. However, details of at lease one of the following document is needed. In case of Driver's License documents, the drivers licence version number should be passed in the documentReferenceNumber field.

    Field namePassportDriver's license
    documentTypePASSPORTDRIVER_LICENCE
    documentNumberYes (Passport number)Yes
    documentReferenceNumberNoYes
    documentIssuanceCountryYesYes
    documentExpiryDateYesYes

    Manual KYC

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

    Field namePassportDriver's licenseNational Id
    documentTypePASSPORTDRIVER_LICENCENATIONAL_ID
    documentNumberYes (Passport number)YesYes
    documentIssuanceCountryYesYesYes
    documentReferenceNumberNoYesNo
    documentExpiryDateYesYesNo
    document.fileNameYesYesYes
    document.fileTypeYesYesYes
    document.documentYesYesYes

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

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

    Applicants

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

    • E_KYC is applicable for NZ residents.ID document details are needed for E_KYC mode. Additionally, Letter of Authorization is required to be uploaded if the applicant isn't a director or UBO
    • 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.

    E KYC ad E Doc Verify

    Field namePassportDriver's licenseLetter Of Authorization, if applicant is not a DIRECTOR or UBO
    documentTypePASSPORTDRIVER_LICENCELOA
    documentNumberYes (Passport number)YesNo
    documentReferenceNumberNoYesNo
    documentIssuanceCountryYesYesNo
    documentExpiryDateYesNoNo
    document.fileNameNoNoYes
    document.fileTypeNoNoYes
    document.documentNoNoYes

    Manual KYC

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

    Field namePassportDrivers licenseNational IdLetter Of Authorization, if applicant is not a DIRECTOR or UBO
    documentTypePASSPORTDRIVER_LICENCENATIONAL_IDLOA
    documentNumberYes (Passport number)YesYesNo
    documentIssuanceCountryYesYesYesNo
    documentExpiryDateYesYesNoNo
    document.fileNameYesYesYesYes
    document.fileTypeYesYesYesYes
    document.documentYesYesYesYes

    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, Medicare Cards, or Driver's License.