Required Documents

This page outlines the documents required for stakeholders, applicants for all business types to onboard a customer registered in Singapore.

Business Documents

The following table lists the required document types for both manual KYB and eKYB for all business entity types.

businessType	Manual KYB	eKYB
ASSOCIATION	ASSOCIATION_DEED	ASSOCIATION_DEED
GOVERNMENT_ENTITY	BUSINESS_REGISTRATION_DOC	N/A
PARTNERSHIP	PARTNERSHIP_DEED	PARTNERSHIP_DEED
PRIVATE_COMPANY	BUSINESS_REGISTRATION_DOC	N/A
PUBLIC_COMPANY	BUSINESS_REGISTRATION_DOC	N/A
SOLE_TRADER	BUSINESS_REGISTRATION_DOC	N/A
TRUST	TRUST_DEED	TRUST_DEED

Additional business documents

• 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.

  • Certificate of Incorporation
  • Company Bylaws
  • Board resolutions
  • Any Operating Agreement

• 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]

• CORPORATE_STRUCTURE (Ownership Structure): 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.

For a complete list of business document types, see the values obtained from Fetch corporate constants API with category=documentType.

KYC Documents

Applicable for Individual Customer / Applicant / Ind. Stakeholder:

Electronic KYC (Preferred for faster approval)

• SG residents can be verified through Signpass authentication.
• Non SG residents can verify themselves as Live Selfie with Passport/National ID

Manual KYC

• SG residents can be verified by uploading National ID in the KYC Form
• Non SG residents can verify themselves by uploading either Passport/National ID. Photocopies or scanned documents in black-and-white are not accepted. These documents undergo fraud checks at Nium. And if were not able establish the authenticity, we will reach out for RFI.

Additional Documents

1. PROOF_OF_ADDRESS

If the KYC documents submitted does not contains the address then you much submit a valid proof of address.

Acceptable proof of address are:

1. Utility bill
2. Bank statement
3. Government issued letter
4. Phone bill (landline only)
5. Driver’s license
6. National ID card

All Proof of Address documents must be issued within the last 90 days at the time of submission. Cropped documents are not accepted. Invoices are not accepted. PO BOX and CMRA addresses are not accepted.

2. LOA

In case applicant is not a DIRECTOR, UBO, PARTNER then LOA is required.