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 type | Manual KYB | eKYB |
---|---|---|
BUSINESS_REGISTRATION_DOC | N/A | |
Estate | LOA | N/A |
General partnership | PARTNERSHIP_DEED | N/A |
Limited partnership | BUSINESS_REGISTRATION_DOCUMENT PARTNERSHIP_DEED | N/A |
Public company | PROOF_OF_EXISTENCE | N/A |
Trust | TRUST_DEED | N/A |
Additional business documents:
- CERTIFICATE_OF_GOOD_STANDING: This document is required when the
address.registeredAddress.state
field isDE
orNJ
for both Manual KYB and eKYB. - PROOF_OF_BUSINESS: This document has to be submitted in case website is not provided. Any document that will help us validate the business of the customer. Proof of Business can be any one of the following documents:
- Any document depicting the product catalogue such as company brochures or marketing material or detailed business plan. [Preferred]
- Contracts or business agreements or vendor agreements.
- Photo of store, in case of brick and mortar store.
- Invoice containing clear description of business operations (issued within 1 year) [Not preferred]
- Ownership Chart This document should be provided if the customer is a multi-layered company. Refer Multi-layered ownership structure to understand if the customer is a multi-layered company.
Corporate structure can be drafted by the customer and contains the names of the shareholders, along with the percent of shares held which will help us to establish the ultimate beneficial owner. See below for an example. You can use a similar template, if you don't have one. Use
documentType
=OWNERSHIP_CHART
to add the corporate structure document.

- BUSINESS_REGISTRATION_DOCUMENT: Any of the following could be submitted as business registration document. See Verifying Ownership to understand the documents that can be obtained for different businessTypes.
- Articles of Incorporation
- Certificate of Formation
- Company Bylaws
- Board resolutions
- Any Operating Agreement
- CERTIFICATE_OF_GOOD_STANDING: State issued Certificate of Good standing
Stakeholders
The following documents are required as part of the Know Your Business (KYB) identification and verification process for stakeholders.
Only individual stakeholders, not corporate stakeholders, require documents.
Based on the address country of the stakeholder, client should pass either E_KYC
or MANUAL_KYC
.
Method | Document (documentType ) |
---|---|
eKYC (address.country=US) | The last 4 digits of or the entire SSN to be passed as documentNumber (NATIONAL_ID ) |
Manual KYC (address.country is not US) | PASSPORT )DRIVER_LICENSE )NATIONAL_ID ) |
⚠️ IMPORTANT
US residents
US residents need to use the KYC mode E_KYC
with their national ID for verification.
Fields name | National ID |
---|---|
documentType | NATIONAL_ID |
documentNumber | Yes (The last 4 digits of or the entire SSN) |
documentIssuanceCountry | Yes (valid value is US for E_KYC ) |
documentExpiryDate | N/A |
document.fileName | N/A |
document.fileType | N/A |
document.document | N/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 withdocumentType = 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 name | Passport | Driver license | National ID | Additional document if the first document doesn't contain an address |
---|---|---|---|---|
documentType | PASSPORT | DRIVER_LICENSE | NATIONAL_ID | PROOF_OF_ADDRESS |
documentNumber | Yes (Passport number) | Yes (DL number) | Yes | No |
documentIssuanceCountry | Yes | Yes | Yes | No |
documentExpiryDate | Yes | Yes | No | No |
document.fileName | Yes | Yes | Yes | Yes |
document.fileType | Yes | Yes | Yes | Yes |
document.document | Yes | Yes | Yes | Yes |
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.MANUAL_KYC
required document details along with upload of document files.
E_KYC
US residents need to use the KYC mode E_KYC
with their national ID for verification.
Fields name | National ID | If applicant is not an officer |
---|---|---|
documentType | NATIONAL_ID | LOA |
documentNumber | Yes (The last 4 digits of or the entire SSN) | N/A |
documentIssuanceCountry | Yes (valid value is US for E_KYC ) | N/A |
documentExpiryDate | N/A | N/A |
document.fileName | N/A | Yes |
document.fileType | N/A | Yes |
document.document | N/A | Yes |
eDocVerify
Every individual applicant needs to submit one of the following information when kycMode = E_DOC_VERIFY
Documents to be uploaded in Onfido form | API documents |
---|---|
In case applicant is not an officer LOA should be submitted in the API |
Manual KYC
Every individual applicant needs to submit one of the following information when kycMode = MANUAL_KYC
.
- If the document doesn't contain an address, you need to submit an Acceptable document for
PROOF_OF_ADDRESS
which can verify the address withdocumentType = 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 name | Passport | National ID | Driver license | Additional document if the first document doesn't contain an address | If applicant is not an officer |
---|---|---|---|---|---|
documentType | PASSPORT | NATIONAL_ID | DRIVER_LICENSE | PROOF_OF_ADDRESS | LOA |
documentNumber | Yes (Passport number) | Yes | Yes | No | No |
documentIssuanceCountry | Yes | Yes | Yes | No | No |
documentExpiryDate | Yes | No | Yes | No | No |
document.fileName | Yes | Yes | Yes | Yes | Yes |
document.fileType | Yes | Yes | Yes | Yes | Yes |
document.document | Yes | Yes | Yes | Yes | Yes |
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.
Additional applicant documents
- Letter of Authorization: In case applicant is not an officer,
LOA
is required. You can upload it during application submission or Nium will request it in RFI. - Proof of address: In case the POI document doesn't contain address, POA should be uploaded as a separate document with
documentType
=PROOF_OF_ADDRESS
. Proof of address should be issued not more than 60 days old while submitting. Acceptable documents for Proof of address are:- 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