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US required documents

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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 typeManual KYBeKYB
  • Corporations
  • Limited liability companies (LLC)
  • Limited liability partnership firms
  • Sole traders
  • Unincorporated associations
    		• BUSINESS_REGISTRATION_DOCN/A
    EstateLOAN/A
    General partnershipPARTNERSHIP_DEEDN/A
    Limited partnership
  • BUSINESS_REGISTRATION_DOCUMENT
  • PARTNERSHIP_DEED
    		• N/A
    Public companyPROOF_OF_EXISTENCEN/A
    TrustTRUST_DEEDN/A

    📌

    IMPORTANT

    For both manual KYB and eKYB, the CERTIFICATE_OF_GOOD_STANDING document is required when the address.registeredAddress.state field is DE or NJ.

    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.

    MethodDocument (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 details (PASSPORT)
  • Driver License (DRIVER_LICENCE)
  • National ID (NATIONAL_ID)

    • ⚠️

    IMPORTANT

    Also see Acceptable documents for PROOF_OF_ADDRESS

    US residents

    US residents need to use the KYC mode E_KYC with their national ID for verification.

    Fields nameNational ID
    documentTypeNATIONAL_ID
    documentNumberYes (The last 4 digits of or the entire SSN)
    documentIssuanceCountryYes (valid value is US for E_KYC)
    documentExpiryDateN/A
    document.fileNameN/A
    document.fileTypeN/A
    document.documentN/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_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.

    Field namePassportDriver licenseNational IDAdditional document if the first document doesn't contain an address
    documentTypePASSPORTDRIVER_LICENCENATIONAL_IDPROOF_OF_ADDRESS
    documentNumberYes (Passport number)Yes (DL number)YesNo
    documentIssuanceCountryYesYesYesNo
    documentExpiryDateYesYesNoNo
    document.fileNameYesYesYesYes
    document.fileTypeYesYesYesYes
    document.documentYesYesYesYes

    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_KYC is applicable for US residents. Only document details are required for eKYC and upload of document files isn't required.
    • E_DOC_VERIFY is applicable for non-US 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.

    Field namePassportNational IDDriver licenseAdditional document if the first document doesn't contain an address
    documentTypePASSPORTNATIONAL_IDDRIVER_LICENCEPROOF_OF_ADDRESS
    documentNumberYes (Passport number)YesYesNo
    documentIssuanceCountryYesYesYesNo
    documentExpiryDateYesNoYesNo
    document.fileNameYesYesYesYes
    document.fileTypeYesYesYesYes
    document.documentYesYesYesYes

    eDocVerify

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

    Field namePassportNational IDDriver license
    documentTypePASSPORTNATIONAL_IDDRIVER_LICENCE
    documentNumberYes (Passport number)YesYes
    documentIssuanceCountryYesYesYes
    documentExpiryDateYesNoYes
    document.fileNameNoNoNo
    document.fileTypeNoNoNo
    document.documentNoNoNo

    US residents need to use the KYC mode E_KYC with their national ID for verification.

    Fields nameNational ID
    documentTypeNATIONAL_ID
    documentNumberYes (The last 4 digits of or the entire SSN)
    documentIssuanceCountryYes (valid value is US for E_KYC)
    documentExpiryDateN/A
    document.fileNameN/A
    document.fileTypeN/A
    document.documentN/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

    Individual stakeholder or applicantBusiness details
  • Utility bills (gas, electric, internet, phone)
  • Financial records (bank statement, mortgage statement)
  • Life, health, or other insurance statement (auto, home, boat)
  • Medical records (doctor, hospital, or clinical)
  • Pay-slip
  • Government-issued letter
  • Utility bills (gas, electric, internet, phone)
  • Financial records (bank or mortgage statement)
  • Government-issued letter

    • 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 6 months ago