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The USD rail for business users requires comprehensive KYB (Know Your Business) verification to comply with US financial regulations.

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Required Fields

FieldsRequiredDescription
businessName✅ YesThe full legal name of the business
businessIndustry✅ YesThe industry in which this business operates. Clickhere for the complete list of valid industries and codes
businessType✅ YesThe type of business structure
registrationNumber✅ YesBusiness Registration Number
address✅ YesBusiness address
registeredAddress✅ YesThe official registered office address of the business as filed with the government authority in its jurisdiction of incorporation
postalAddress❌ NoBusiness postal address
incorporationDate✅ YesDate when the business was incorporated
email✅ YesBusiness email address
phone✅ YesBusiness phone number
taxIdentificationNumber✅ YesCompany tax number. For US business, EIN has to be provided
website✅ YesBusiness website URL
controlScheme❌ NoBusiness control scheme information
leiNumber❌ NoLegal Entity Identifier (LEI) is a 20-character alphanumeric code that uniquely identifies a legal entity participating in financial transactions. LEI is required for businesses based in the European Economic Area (EEA) and Switzerland
sofEuQuestionnaire✅ YesRefer to the Source of Funds and Expected Use section
documents✅ YesRefer to the Documents section
ultimateBeneficialOwners✅ YesRefer to the Ultimate Beneficial Owners section

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Source of Funds and Expected Use Questionnaire

FieldsRequiredDescription
actAsIntermediary❌ NoIs the customer acting as an intermediary for a third party?
employmentStatus❌ NoWhat is the customer’s current employment status?
expectedMonthlyPayments❌ NoWhat is the expected monthly volume of payments the customer will be sending or receiving?
mostRecentOccupation❌ NoWhat is the customer’s most recent occupation?
primaryPurpose❌ NoWhat is the primary purpose of the customer’s account?
primaryPurposeOther❌ NoRequired if the primary purpose is ‘other’
sourceOfFunds❌ NoWhat is the source of funds for the customer’s account?

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Documents

Document GroupRequiredMin CountDocument Types
identity✅ Yes1DRIVERS, ID_CARD, PASSPORT, RESIDENCE_PERMIT
proofOfResidence❌ No1PROOF_OF_ADDRESS
Document TypeDescription
DRIVERSDriving license
ID_CARDID card
PASSPORTPassport
RESIDENCE_PERMITResidence permit or document
PROOF_OF_ADDRESSProof of address document

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Ultimate Beneficial Owners (UBOs)

Role Requirements: The combined roles across all provided UBOs must include at least one DIRECTOR and one UBO.
Share Threshold: Only UBOs with a share proportion greater than 25% need to be provided.
FieldsRequiredDescription
firstName✅ YesUBO’s first name
middleName❌ NoUBO’s middle name
lastName✅ YesUBO’s last name
nationality✅ YesUBO’s nationality
email✅ YesUBO’s email address
phone✅ YesUBO’s phone number
address✅ YesThe address where the user currently resides
dateOfBirth✅ YesUBO’s date of birth
countryOfBirth❌ NoCountry where the UBO was born
stateOfBirth❌ NoState where the UBO was born
placeOfBirth❌ NoCity or place where the UBO was born
gender❌ NoUBO’s gender
taxIdentificationNumber✅ YesUBO’s tax identification number
taxResidenceCountry❌ NoCountry where the UBO is tax resident
relationshipEstablishedAt✅ YesDate when the relationship was established
shareProportion✅ YesUBO’s share proportion in the business
documents✅ YesRefer to the USD Individual Documents section
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