EU required documents
Overview
For business and corporate customers located in the EU, Nium clients can use Nium APIs to onboard them. For EU-based customer onboarding, Nium performs its due diligence using a combination of automated checks and manual verification.
| Field name | Non-LT stakeholders and applicants | LT stakeholders and applicants | Applicants when position is not DIRECTOR, regardless of nationality |
|---|---|---|---|
documentType | PASSPORT | NATIONAL_ID | POWER_OF_ATTORNEY |
documentNumber | Yes (Passport number) | Yes (11 digits Personal Identification Number) | Yes (certified with Apostille) |
documentIssuanceCountry | Yes | Yes | - |
documentExpiryDate | Yes | - | - |
document.fileName | Yes | - | Yes |
document.fileType | Yes | - | Yes |
document.document | Yes | - | Yes |
Field names
For a complete list of field names:
Stakeholder
An individual stakeholder needs to submit the mandatory information as part of the manual KYB and electronic KYB (eKYB) processes.
| Stakeholder status | Documents needed | Use how |
|---|---|---|
| Is a Lithuanian citizen | documentTypedocumentNumber | |
Isn't a Lithuanian citizen and their position is one of the following:ULTIMATE_BENEFICIAL_OWNERTRUSTEEPARTNER | Valid government-issued passport | See EU required documents for details. |
Applicant
Applicants are always required to complete the E-Document verification flow for both Manual KYB and eKYB.
| Applicant status | API documents | Onfido documents |
|---|---|---|
| Is a Lithuania citizen | Valid Personal Identification Number as National IDdocumentTypedocumentNumber | Live Selfie with Lithuanian Passport/National ID submitted in the form presented by Onfido (eDoc verification vendor) |
| Isn't a Lithuania citizen | Information about Passport passed in the API | Live selfie with Passport submitted in the form presented by Onfido (eDoc verification vendor) |
Their position isn't DIRECTOR | Power of Attorney certified with Apostille | N/A |
Business details
Public companies
The following documents are required as part of the Know Your Business (KYB) identification and verification process.
NOTE
If you give information about shareholders and directors in the Nium One Application Form, then you don't need to give those details in the required fields. If you haven't, however, then you need to provide them. You can add the information in the field
businessExtractCoveredStakeholder = Yesby using the Onboard Corporate Customer API.
| Process | Document | documentType |
|---|---|---|
| Manual KYB | BUSINESS_REGISTRATION_DOCREGISTER_OF_DIRECTORSREGISTER_OF_SHAREHOLDERS | |
| eKYB | N/A | N/A |
Trust
For business details, the mandatory information is required for both Manual KYB and eKYB.
| Document | documentType | |
|---|---|---|
| Manual KYB and eKYB | Trust Deed | TRUST_DEED |
Other EU business entities
Manual KYB
The following documents are required for Manual KYB.
| Entity type | Document | documentType |
|---|---|---|
| Sole trader | Business Registration Document | BUSINESS_REGISTRATION_DOC |
| Limited Liability Partnership Firm | Partnership Deed | PARTNERSHIP_DEED |
| Government body | Business Registration Document | BUSINESS_REGISTRATION_DOC |
| Association | Association Deed | ASSOCIATION_DEED |
eKYB
The following can be processed through eKYB.
| Entity type | Document | documentType |
|---|---|---|
| Sole trader | N/A | N/A |
| Limited Liability Partnership Firm | Partnership Deed | PARTNERSHIP_DEED |
| Government body | N/A | N/A |
| Association | N/A | N/A |
Updated 7 days ago