Transaction RFI Types

Once the client is made aware that RFIs have been raised, they'll need to understand what information needs to be submitted. This page highlights the various types of RFIs that can be raised.

The following tables include the different types of RFIs that a client can receive and the required information needed to be submitted:

Data based RFIs

The following table details the RFIs that a compliance agent raises to seek additional information from the client:

RFI descriptionRequired field
ADDRESSrfiResponseRequest.rfiResponseInfo.address
BANK_ACCOUNT_NUMBERrfiResponseRequest.rfiResponseInfo.bankAccountNumber
BANK_NAMErfiResponseRequest.rfiResponseInfo..bankName
DATE_OF_BIRTHrfiResponseRequest.rfiResponseInfo.dob
EMPLOYMENT_STATUSrfiResponseRequest.rfiResponseInfo.additionalInfo.employmentStatus
Acceptable values:
  • Salaried
  • Non Salaried
  • FIRST_NAMErfiResponseRequest.rfiResponseInfo.firstName
    INDUSTRY_TYPErfiResponseRequest.rfiResponseInfo.additionalInfo.industryType
    Acceptable values: Please refer to the Fetch corporate constantsAPI for a list of values for INDUSTRY_TYPE and industrySector.
    IS_PEPrfiResponseRequest.rfiResponseInfo.additionalInfo.isPep
    LAST_NAMErfiResponseRequest.rfiResponseInfo.lastName
    MIDDLE_NAMErfiResponseRequest.rfiResponseInfo.middleName
    NATIONALITYrfiResponseRequest.rfiResponseInfo.nationality
    POSITIONrfiResponseRequest.rfiResponseInfo.additionalInfo.position
    Acceptable values:
  • DIRECTOR
  • UBO
  • REPRESENTATIVE
  • SIGNATORY
  • SHAREHOLDER
  • TRUSTEE
  • PARTNER
  • MEMBERS
  • SETTLOR
  • PROTECTOR
  • EXECUTOR
  • REASON_FOR_TRANSFERrfiResponseRequest.rfiResponseInfo.additionalInfo.reasonForTransfer
    Acceptable values:
  • Medical Treatment
  • Purchase of Residential Property
  • Insurance Claims Payment
  • Information Service Charges
  • Salary or Wages or Fees for advisors technical assistance and academic knowledge including remuneration for specialists
  • For payment of exported goods
  • Transfer to own account
  • Hotel Accomodation
  • Utility Bills
  • Payment of Property Rental
  • Mutual Fund Investment
  • Advertising and Public relations-related expenses
  • Representative office expenses
  • Delivery fees for goods
  • Emigration Consultancy Fees
  • Family Maintenance
  • Travel
  • Repayment of Loans
  • Insurance Premium
  • Investment in Shares
  • Royalty fees trademark fees patent fees and copyright fees
  • Construction costs or expenses
  • General Goods Trades - Offine trade
  • Education-related student expenses
  • Tax Payment
  • Product indemnity insurance
  • Donations
  • Fees for brokers front end fee commitment fee guarantee fee and custodian fee
  • Transportation fees for goods
  • Payment to customers of PSP
  • Transfer to Cryptocurrency Exchanges
  • Refund
  • Gifts
  • Salary
  • REMITTER_BENEFICIARY_RELATIONSHIPrfiResponseRequest.rfiResponseInfo.additionalInfo.remitterBeneficiaryRelationship. <put values here like VENDORS, EMPLOYEES, CUSTOMERS, etc>
    SOURCE_OF_FUNDSrfiResponseRequest.rfiResponseInfo.additionalInfo.sourceOfFunds
    Acceptable values:
  • Salary
  • Personal Wealth
  • Retirement Funds
  • Business Owner/Shareholder
  • Loan Facility
  • Personal Account
  • Personal Account
  • Corporate Account
  • THIRD_PARTY_FUNDINGrfiResponseRequest.rfiResponseInfo.additionalInfo.thirdPartyFunding
    Acceptable values: Yes or No
    TM_OTHER_DATArfiResponseRequest.rfiResponseInfo.additionalInfo.otherData

    Document based RFIs

    Documents requested through RFIs can be submitted through the rfiResponseRequest.rfiResponseInfo.identificationDoc object. The following table details the available values for identificationType being any of the following values as required:

    RFI DescriptionDescription
    APPLICANT_AUTHORITY_LETTERThis RFI requires the LOA of the applicant to be submitted as a response.
    BANK_STATEMENTThe bank statement of the entity for the last 90 days.
    DRIVER_LICENCEThe Driver's Licence of the entity.
    GOVERNMENT_DOCUMENTGovernment Letter.
    INVOICEInvoice
    PASSPORTPassport of the entity.
    PERSONAL_IMAGESelfie of the entity.
    SALARY_STATEMENTSalary statement of the entity for the last 90 days.
    UTILITY_BILLUtility bill for the last 90 days.
    OTHERSAny other document as requested by the compliance agent based on their remarks in the RFI.