EU

Nium's Platform Clients need to trigger the Public Corporate Details using Business ID API by passing the business registration number and the country of registration as query parameters.

Overview

Customer TypeEU ResidentLituania Resident
StakeholderIf their position is UBO/Trustee/Partner, then pass their Passport information.Pass their Personal ID Number as National ID.
Applicanti) Pass their Passport ID Number as National ID in the API.
ii) Live Selfie with Passport submitted in the Onfido form.
i) Pass their Personal ID Number as National ID in the API.
ii) Live Selfie with Passport submitted in the Onfido form.

NOTE: Onfido will no longer be supported after Dec 16, 2023 and will be replaced with the Unified Add Customer API.

Returned Matches

The API can return zero or one or many matched business entities.

  • If no matches are found for the given business registration number and country, then Clients should not trigger Exhaustive Corporate Details using Business ID API, but proceed with invoking Onboard Corporate Customer API.
  • If one or many outputs found, Clients can show the output data in some manner to the end-users, and let the end-users select the right business entity.

As selected by the end-users, Clients can use the businessRegistrationNumber value as returned in the Public Corporate Details using Business ID API response and trigger the Exhaustive Corporate Details using Business ID API. Input to the Exhaustive Corporate Details using Business ID API (in the businessRegistrationNumber) should be the output retrieved from the Public Corporate Details using Business ID API response.

Returned Information

When the Exhaustive Corporate Details using Business ID API is called, the API returns all the public and non-public information about the business entity along with an important parameter called searchId. Clients should display the fetched details to the applicant that try to onboard the business in an editable form.

eKYB Flow

To go through the eKYB flow, Clients need to call Onboard Corporate Customer API and pass the data received in Exhaustive Corporate Details using Business ID API including the searchId. It is mandatory to call Onboard Corporate Customer API with searchId for EU, UK, and SG in order to onboard customer using automated KYB. Without searchId, the Onboard Corporate Customer API can still be called, however the Nium Platform will process the customer onboarding using manual KYB workflow.

The Client should also pass the additional information such as risk assessment related information in the Onboard Corporate Customer API.

Region-Specific Requirements

There are some additional data points that are needed as per the regulation/policy of a regulatory region.

Example: For EU, Tax identification number of the business and the country of residence for the tax purpose are needed as mandatory data points. The NIUM Platform Clients are advised to check the Onboard Corporate Customer API to determine any additional data that may need to be passed to the API.

NOTE:

Based on the above information, the eKYB or digital KYB flow will be attempted by the NIUM Platform. If the KYB is not cleared automatically due to any missing information, the manual KYB flow will be triggered where review is done by NIUM’s Compliance team.

Required for Applicants and Stakeholders

Required for Lithuanians

The following fields are applicable for Lithuanian Applicants and Stakeholder.

FieldPassportNational IDPower of Attorney Certified with Apostille
documentTypePASSPORTNATIONAL_IDPOWER_OF_ATTORNEY
documentNumberYes (PP Number)Yes (11-digit Personal ID Number)-
documentIssuanceCountryYesYes *-
documentExpiryDateYesYes *-
document.fileName--Yes
document.fileType--Yes
document.document--Yes

* These fields will not be required to be passed in the API Request after 25 Nov 2022

Required for any non-Director

Example Request Body

from old docs.nium.com Onboarding > Examples