Application Validation - Individual

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 INDIVIDUAL 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.

Application & Customer Details

Field name Base Fields Conditional Fields
id
application_type ✅ (INDIVIDUAL)
account_to_open.account_id
account_to_open.product_id
account_to_open.asset_type_id
terms_and_conditions_accepted
customer_id
Customer details
first_name
middle_name
last_name
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
email_address
tax_reference_number If mailing_address.country_code = US
passport_number
nationality
citizenship
date_of_birth
us_residency_status
employment_status
employment_description If employment_status = OTHER
employer_name
occupation

Investment Profile

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

KYC Profile

Field name Base Fields Conditional Fields
funds_send_receive_jurisdictions
engage_in_activities
vendors_and_counterparties

Documents

Identity Documents

  • 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.
Field name Base Fields Conditional Fields
PASSPORT
DRIVERS_LICENCE_FRONT
DRIVERS_LICENCE_BACK
IDENTITY_CARD_FRONT
IDENTITY_CARD_BACK

Identity Document Quality

It is extremely important that all identity documents uploaded are of the highest quality, following best practices listed below.

Here are some best practices to follow to ensure successful processing of Applications.

Do's

  • use photo files (ex .jpeg,.png)
  • centered, clear images
  • good lighting
  • ensure full document is viewable (no cut off edges)
  • double check that document is uploaded in correct slot
  • double check document is NOT expired (Documents that expire within 30 days may require a new document upload)

Dont's

Do not use:

  • blurry images
  • images that are too small/zoomed out
  • scanned documents
  • PDF documents
  • image blockages (ex. fingers, shaded lighting)

Other Documents

  • 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 OR Payslip.
Field name Base Fields Conditional Fields
ACCOUNT_AGREEMENT
Proof of address
BANK_STATEMENT
UTILITY_BILL
LEASE_AGREEMENT
Source of funds
BANK_STATEMENT
PAYSLIP

Document Information (Coming Soon)

Document fields capture information relating to a specific document.

Field name Base Fields Conditional Fields
document_identifier (Coming soon)
issued_date (Coming soon)
expiration_date (Coming soon)
issuing_country (Coming soon)
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