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Corporation

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.

Field Breakdown

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

  • ✅ in the 'base fields' column means the field is a base field and is mandatory for ALL applications.

  • ✅ 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.

Application & Customer Details

Field name Base Fields Conditional FieldsNotes
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.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  If null, automatically assigned value www.nowebsiteprovided.com.
state_of_incorporation✅   
country_of_incorporation   
corporate_entity_type✅   
corporate_entity_type_description ✅ Mandatory if corporate_entity_type = OTHER
email_address✅   
established_on✅   
naics  If null, automatically assigned NAICs code based on primary_business. See Primary Business List. |
naics_description  If null, automatically assigned NAICs description based on primary_business. See Primary Business List. |

Investment Profile

Field nameBase FieldsConditional FieldsNotes
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✅   

KYC Profile

Field nameBase FieldsConditional FieldsNotes
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✅   

Individual - Beneficial Owner, Control Person

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

Field name Base FieldsConditional FieldsNotes
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   

Documents

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

Corporate Documents

Corporate Documents

Documents related to the business entity being onboarded.

Document Name Base FieldsConditional FieldsNotes
INCORPORATION_DOCUMENTS✅   
ARTICLES_OF_INCORPORATION✅   
BENEFICIAL_OWNERSHIP_CERTIFICATE  Template to complete and upload – CDD_Rev6.7_Sept_2017_Certificate
OWNERSHIP_STRUCTURE_CHART ✅ Mandatory if has_complex_ownership = TRUE
ACCOUNT_AGREEMENT ✅  

Proof of Address

Note

Mandatory for customers in higher risk jurisdictions. Accepted documents: Bank Statement OR Utility Bill OR Lease Agreement.

Document NameBase FieldsConditional Fields
BANK_STATEMENT ✅
UTILITY_BILL ✅
LEASE_AGREEMENT ✅

Proof of Source of Funds

Note

Mandatory for higher risk customers. Accepted documents: Bank Statement OR Financial Statement OR Term Sheet.

Document NameBase FieldsConditional Fields
BANK_STATEMENT ✅
FINANCIAL_STATEMENT ✅
TERM_SHEET ✅

Proof of Operations

Note

Mandatory if website_address = null or for higher risk customers.Accepted documents: Invoice OR Contract OR Bill of Lading.

Document NameBase FieldsConditional Fields
INVOICE ✅
CONTRACT ✅
BILL_OF_LADING ✅

Proof of Regulation

Note

Mandatory if regulated_status = REGULATED OR REGISTERED OR LICENSED.

Document NameBase FieldsConditional Fields
REGULATORY_LICENSE ✅

Corporate Individual Documents - Beneficial Owner, Control Person

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

Proof of Identity

Note

Only one set of identity documents required. Passport OR Drivers License front & back OR Identity Card front & back. Drivers license is only valid for US individuals.

Document NameBase FieldsConditional Fields
PASSPORT✅  
DRIVERS_LICENSE_FRONT✅  
DRIVERS_LICENSE_BACK✅  
IDENTITY_CARD_FRONT✅  
IDENTITY_CARD_BACK✅  

Proof of Address

Note

Mandatory for individuals in higher risk jurisdictions. Accepted documents: Bank Statement OR Utility Bill OR Lease Agreement.

Document NameBase FieldsConditional Fields
BANK_STATEMENT ✅
UTILITY_BILL ✅
LEASE_AGREEMENT ✅
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