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 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

    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)
  • Drivers License (DRIVER_LICENCE)
  • National ID (NATIONAL_ID)
  • 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)
    documentExpiryDateYes (valid value is US for E_KYC)
    document.fileName-
    document.fileType-
    document.document-

    Non-US residents

    Non-US residents need to use KYC mode MANUAL_KYC and provide any one of the documents below.

    Field namePassportDrivers licenseNational ID
    documentTypeYes (PP number)Yes (DL number)Yes
    documentNumberYesYesYes
    documentIssuanceCountryYesYesYes
    documentExpiryDateYesYesNo
    document.fileNameYesYesYes
    document.fileTypeYesYesYes
    document.documentYesYesYes

    For a complete list of business document types, see the values obtained from Fetch corporate constantsAPI with fieldName as documentType.

    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.

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

    Field namePassportNational IDDrivers license
    documentTypePASSPORTNATIONAL_IDDRIVER_LICENCE
    documentNumberYes (Passport number)YesYes
    documentIssuanceCountryYesYesYes
    documentExpiryDateYesNoYes
    document.fileNameYesYesYes
    document.fileTypeYesYesYes
    document.documentYesYesYes

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

    Field namePassportNational IDDrivers 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)
    documentExpiryDateYes (valid value is US for E_KYC)
    document.fileName-
    document.fileType-
    document.document-

    For a complete list of personal document types, see the values obtained from Fetch corporate constantsAPI with fieldName as documentType.