Application Validation - Corporation

Base Fields vs Conditional Fields

Base fields are mandatory for ALL applications.
Conditional fields become mandatory dynamically depending on the customer profile, enabled products, and jurisdictions the customer wishes to send/receive funds with.

Below is a breakdown of all of the possible fields of an application for a CORPORATION and which ones are mandatory.

'✅' against a field in the 'base fields' column means the field is a base field and is mandatory for ALL applications.
'✅' against a field in the 'conditional fields' column means the field is a conditional field and may become mandatory depending on the rest of the information provided to the application.
Fields not listed, or those that do NOT have a '✅' in either the base or conditional fields columns are optional fields.

Field name	Base Fields	Conditional Fields	Notes
`id`	✅
`application_type`	✅ (`CORPORATION`)
`account_to_open.account_id`	✅
`account_to_open.product_id`	✅
`account_to_open.asset_type_id`	✅
`terms_and_conditions_accepted`	✅
`information_attested`	✅
`customer_id`	✅
Customer details
`registered_name`	✅
`trading_name`
`registered_number`	✅
`corporate_tax_reference_number`		✅	Mandatory depending on underlying bank account provider.
`registered_address.unit_number`
`registered_address.address_line1`	✅
`registered_address.address_line2`
`registered_address.address_line3`
`registered_address.city`	✅
`registered_address.state`	✅
`registered_address.postal_code`	✅
`registered_address.country_code`	✅
`physical_address.unit_number`
`physical_address.address_line1`	✅
`physical_address.address_line2`
`physical_address.address_line3`
`physical_address.city`	✅
`physical_address.state`	✅
`physical_address.postal_code`	✅
`physical_address.country_code`	✅
`telephone_number`	✅
`website_address`	✅
`state_of_incorporation`	✅
`country_of_incorporation`
`corporate_entity_type`	✅
`corporate_entity_type_description`		✅	Mandatory if `corporate_entity_type` = `OTHER`
`email_address`	✅
`established_on`	✅
`naics`	✅
`naics_description`	✅

Field name	Base Fields	Conditional Fields	Notes
`primary_source_of_funds`	✅
`primary_source_of_funds_description`		✅	Mandatory if `primary_source_of_funds` = `OTHER`
`total_assets`
`usd_value_of_fiat`	✅
`usd_value_of_crypto`	✅
`monthly_deposits`	✅
`monthly_crypto_deposits`	✅
`monthly_investment_deposit`	✅
`monthly_crypto_investment_deposit`	✅
`monthly_withdrawals`	✅
`monthly_crypto_withdrawals`	✅
`monthly_investment_withdrawal`	✅
`monthly_crypto_investment_withdrawal`	✅

Field name	Base Fields	Conditional Fields	Notes
`primary_business`	✅
`description_of_business_nature`	✅
`business_jurisdictions`	✅
`funds_send_receive_jurisdictions`	✅
`new_york_office`
`engage_in_activities`	✅
`regulated_status`	✅
`regulation_agency`
`regulation_agency_regulation_number`
`control_exemption_reason`
`vendors_and_counterparties`	✅
`has_complex_ownership`	✅

Corporate applications require 1 or more individuals who represent the ultimate beneficial owners or control persons.

Field name	Base Fields	Conditional Fields	Notes
`individual_type`	✅
`first_name`	✅
`middle_name`
`last_name`	✅
`date_of_birth`	✅
`email`	✅
`mailing_address.unit_number`
`mailing_address.address_line1`	✅
`mailing_address.address_line2`
`mailing_address.address_line3`
`mailing_address.city`	✅
`mailing_address.state`	✅
`mailing_address.postal_code`	✅
`mailing_address.country_code`	✅
`telephone_number`	✅
`tax_reference_number`		✅	Mandatory if `mailing_address.country_code` = `US`.
`passport_number`
`nationality`		✅	Mandatory depending on underlying bank account provider.
`citizenship`		✅	Mandatory depending on underlying bank account provider.
`percentage_ownership`	✅
`title`

For full breakdown of all documents including descriptions for each, refer to the Documents page.

Documents related to the business entity being onboarded.

Document Grouping	Document Name	Base Fields	Conditional Fields	Notes
Corporate Documents	`INCORPORATION_DOCUMENTS`	✅
	`ARTICLES_OF_INCORPORATION`	✅
	`BENEFICIAL_OWNERSHIP_CERTIFICATE`	✅		Template to complete and upload – link
	`OWNERSHIP_STRUCTURE_CHART`		✅	Mandatory if has_complex_ownership = `TRUE`
	`ACCOUNT_AGREEMENT`		✅

Proof of Address	`BANK_STATEMENT`		✅	Mandatory for customers in higher risk jurisdictions. Accepted documents: Bank Statement OR Utility Bill OR Lease Agreement.
	`UTILITY_BILL`		✅
	`LEASE_AGREEMENT`		✅

Proof of Source of Funds	`BANK_STATEMENT`		✅	Mandatory for higher risk customers. Accepted documents: Bank Statement OR Financial Statement OR Term Sheet.
	`FINANCIAL_STATEMENT`		✅
	`TERM_SHEET`		✅

Proof of Operations	`INVOICE`		✅	Mandatory if website_address = `null` or for higher risk customers. Accepted documents: Bank Statement OR Financial Statement OR Term Sheet.
	`CONTRACT`		✅
	`BILL_OF_LADING`		✅

Proof of Regulation	`REGULATORY_LICENSE`		✅	Mandatory if regulated_status = `REGULATED` OR `REGISTERED` OR `LICENSED`

Documents related to the individuals acting as beneficial owners and/or control persons for the business being onboarded.

Document Grouping	Document Name	Base Fields	Conditional Fields	Notes
Proof of Identity	`PASSPORT`	✅		- Only one set of identity documents required. - Passport OR Drivers License front & back OR Identity Card front & back. - All personal identity documents must be submitted in `JPEG` or `PNG` formats. - Drivers license is only valid for US individuals.
	`DRIVERS_LICENSE_FRONT`	✅
	`DRIVERS_LICENSE_BACK`	✅
	`IDENTITY_CARD_FRONT`	✅
	`IDENTITY_CARD_BACK`	✅

Proof of Address	`BANK_STATEMENT`		✅	Mandatory for individuals in higher risk jurisdictions. Accepted documents: Bank Statement OR Utility Bill OR Lease Agreement.
	`UTILITY_BILL`		✅
	`LEASE_AGREEMENT`		✅