US required documents
This page outlines the documents required for stakeholders, applicants, and various business types to onboard a corporate customer registered in the United States.
Business details
The following documents are required as part of the Know Your Business (KYB) identification and verification process.
| Entity type | Manual KYB | eKYB |
|---|---|---|
BUSINESS_REGISTRATION_DOC | N/A | |
| Estate | LOA | N/A |
| General partnership | PARTNERSHIP_DEED | N/A |
| Limited partnership | BUSINESS_REGISTRATION_DOCUMENTPARTNERSHIP_DEED | N/A |
| Public company | PROOF_OF_EXISTENCE | N/A |
| Trust | TRUST_DEED | N/A |
IMPORTANT
For both manual KYB and eKYB, the
CERTIFICATE_OF_GOOD_STANDINGdocument is required when theaddress.registeredAddress.statefield isDEorNJ.
Stakeholders
The following documents are required as part of the Know Your Business (KYB) identification and verification process for stakeholders.
IMPORTANT
Only individual stakeholders, not corporate stakeholders, require documents.
The following table applies to all entity types for stakeholders.
| Method | Document (documentType) |
|---|---|
| eKYC (US residents) | The last 4 digits of or the entire SSN to be passed as documentNumber (NATIONAL_ID) |
| Manual KYC (Non-US residents) | PASSPORT)DRIVER_LICENCE)NATIONAL_ID) |
IMPORTANT
US residents
US residents need to use the KYC mode E_KYC with their national ID for verification.
| Fields name | National ID |
|---|---|
documentType | NATIONAL_ID |
documentNumber | Yes (The last 4 digits of or the entire SSN) |
documentIssuanceCountry | Yes (valid value is US for E_KYC) |
documentExpiryDate | N/A |
document.fileName | N/A |
document.fileType | N/A |
document.document | N/A |
Non-US residents
Every non-US resident need to pass kycMode=MANUAL_KYC and submit one of the following information.
IMPORTANT
If the document doesn't contain an address, you need to submit an Acceptable document for
PROOF_OF_ADDRESSwhich can verify the address withdocumentType = PROOF_OF_ADDRESS.If this additional document is not submitted, the compliance agent will raise an RFI for
stakeholderAddressto which you can submit the additional document via the Respond to RFI API.
| Field name | Passport | Driver license | National ID | Additional document if the first document doesn't contain an address |
|---|---|---|---|---|
documentType | PASSPORT | DRIVER_LICENCE | NATIONAL_ID | PROOF_OF_ADDRESS |
documentNumber | Yes (Passport number) | Yes (DL number) | Yes | No |
documentIssuanceCountry | Yes | Yes | Yes | No |
documentExpiryDate | Yes | Yes | No | No |
document.fileName | Yes | Yes | Yes | Yes |
document.fileType | Yes | Yes | Yes | Yes |
document.document | Yes | Yes | Yes | Yes |
For a complete list of business 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, National ID, or Driver's License.
Applicants
Nium offers E_KYC, E_DOC_VERIFY, and MANUAL_KYC modes for applicant KYC in the US.
E_KYCis applicable for US residents. Only document details are required for eKYC and upload of document files isn't required.E_DOC_VERIFYis applicable for non-US residents. Applicant needs to complete KYC using the redirect URL. Document details need to be passed forE_DOC_VERIFYand upload of document files isn't required.MANUAL_KYCrequired 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_ADDRESSwhich can verify the address withdocumentType = PROOF_OF_ADDRESS.If this additional document is not submitted, the compliance agent will raise an RFI for
applicantAddressto which you can submit the additional document via the Respond to RFI API.
| Field name | Passport | National ID | Driver license | Additional document if the first document doesn't contain an address |
|---|---|---|---|---|
documentType | PASSPORT | NATIONAL_ID | DRIVER_LICENCE | PROOF_OF_ADDRESS |
documentNumber | Yes (Passport number) | Yes | Yes | No |
documentIssuanceCountry | Yes | Yes | Yes | No |
documentExpiryDate | Yes | No | Yes | No |
document.fileName | Yes | Yes | Yes | Yes |
document.fileType | Yes | Yes | Yes | Yes |
document.document | Yes | Yes | Yes | Yes |
eDocVerify
Every individual applicant needs to submit one of the following information when kycMode = E_DOC_VERIFY
| Field name | Passport | National ID | Driver license |
|---|---|---|---|
documentType | PASSPORT | NATIONAL_ID | DRIVER_LICENCE |
documentNumber | Yes (Passport number) | Yes | Yes |
documentIssuanceCountry | Yes | Yes | Yes |
documentExpiryDate | Yes | No | Yes |
document.fileName | No | No | No |
document.fileType | No | No | No |
document.document | No | No | No |
US residents need to use the KYC mode E_KYC with their national ID for verification.
| Fields name | National ID |
|---|---|
documentType | NATIONAL_ID |
documentNumber | Yes (The last 4 digits of or the entire SSN) |
documentIssuanceCountry | Yes (valid value is US for E_KYC) |
documentExpiryDate | N/A |
document.fileName | N/A |
document.fileType | N/A |
document.document | N/A |
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, National ID, or Driver's License.
Acceptable documents for PROOF_OF_ADDRESS
PROOF_OF_ADDRESS| Individual stakeholder or applicant | Business details |
|---|---|
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 60 days old when submitting.
Updated 7 months ago