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
`id`	✅
`application_type`	✅ (`CORPORATION`)
`account_to_open.account_id`	✅
`account_to_open.product_id`	✅
`account_to_open.asset_type_id`	✅
`terms_and_conditions_accepted`	✅
`customer_id`	✅
Customer details
`registered_name`	✅
`trading_name`
`registered_number`	✅
`corporate_tax_reference_number`		✅
`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`		✅	If `corporate_entity_type` = `OTHER`
`email_address`	✅
`established_on`	✅
`naics`	✅
`naics_description`	✅

Field name	Base Fields	Conditional Fields
`primary_source_of_funds`	✅
`primary_source_of_funds_description`		✅	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
`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`	✅

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

Field name	Base Fields	Conditional Fields
`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`		✅
`passport_number`
`nationality`		✅
`citizenship`		✅
`percentage_ownership`	✅
`title`

Proof of address: Only one proof of address required. Bank Statement OR Utility Bill OR Lease Agreement.
Source of funds: Only one source of funds required. Bank Statement.

Field name	Base Fields	Conditional Fields
`INCORPORATION_DOCUMENTS`	✅
`ARTICLES_OF_INCORPORATION`	✅
`BENEFICIAL_OWNERSHIP_CERTIFICATE`	✅		Template to complete and upload - link.
`ACCOUNT_AGREEMENT`	✅
Proof of address
`BANK_STATEMENT`	✅
`UTILITY_BILL`	✅
`LEASE_AGREEMENT`	✅
Source of funds
`BANK_STATEMENT`		✅

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.

Document fields capture information relating to a specific document.