To complete KYB verification, you will need the following documents:

1. Constitutional Document (Certificate of Incorporation)

Legal arrangements are to provide us with reasonable proof of the registration with the governing body in that jurisdiction. This could vary, but a certificate of incorporation that is not older than 12 months or a link to the website where the entity is registered or letter confirming registration with that authority are general examples that can be used.

2. Shareholders Register

The register, based on legal arrangements, must include the following information:

1. Private / Public Companies

Company name and registration number. Additionally, each shareholder must be listed with the correlating shares. The document may not be older than three months.

2. Close Corporations

Contain company name and registration number. Additionally, each member must be listed with the correlating interest expressed as a percentage. The document may not be older than three months.

3. Trust

Letter of Authority issued by the Master of the High Court or the Trust Deed.

4. Partnerships

Partnership agreement.

5. Sole Proprietor

Certificate of Incorporation. Additionally, you will be required to complete additional documentation by Fivewest.

3. Proof of Address

1. Utility bills and Wi-Fi statements are to be requested as first choice documents. Alternatively you may provide a lease agreement that is still valid or a bank statement that has the bank's stamp on it.
2. Proof of address documents must be no more than 3 months old.
3. Your business’ name and address must be clearly visible on the document.
4. The entire document must be provided (ie., no screenshots).

4. Source of Funds Documents

The following documents will be accepted:

5. Most recent audited financial statements not older than 12 months.
6. 3 most recent months bank statements from the account through which they intend to fund their transactions. The client's name must be clearly visible on the document and  the entire document must be provided (i.e. no screenshots).
7. A valid client agreement that the entity has with a customer in the event that the source of funds is derived from their customer.
8. In the event that a client wants to trade crypto assets for a fiat currency or vice versa, the client will be required to complete a crypto wealth declaration form provided by Fivewest. Additionally, the whitelisting of wallet addresses from which such crypto assets will be transferred.
9. Should the funds be derived from an alternative source sufficient documentary proof must be provided.

5. KYC documents (for shareholders that hold 5% or more of the shares in the entity)

1. Where the 5%+ Shareholder is a natural person:

1. Provide their ID/passport
2. Provide their proof of address:

Utility bills and WIFI statements are to be requested as first choice documents. Alternatively the client may provide a lease agreement that is still valid or a bank statement that has the bank's stamp on it.

2. Where the 5%+ shareholder is another legal entity:

The documents listed in 1 to 4 must be submitted.

6. Onboarding Individual Requirements

The Individual in this scenario is the person who has been authorised to onboard the company.

The Individual will be required to submit the following personal details:

1.     Identity Document/Passport

a.     Document must be in full colour

b.     All edges must be visible

c.     Must be valid (check passport expiration date)

d.     Document must contain photograph of onboarding client

e.     The document must be clear (no obstruction or blurry documents will be accepted).

2. Proof of Address

Utility bills and WIFI statements are to be requested as first choice documents. Alternatively the client may provide a lease agreement that is still valid or a bank statement that has the bank's stamp on it.

• The documents may not be older than 3 months
• The client's address and name must be clearly visible on the document
• The entire document must be provided (i.e no screenshots)

3. Resolution - Proof of Authority to act on behalf of the Company

• The individual that is onboarding the entity must provide a board resolution or mandate specifically authorizing them to act on behalf of the company.
• Where the individual is the director, shareholder or UBO, a company letterhead confirming the same, signed and dated by that individual will be required.

7. Licenses or Certificates that the company holds.

8. Tax Compliance Certificate or any document which shows the company’s tax number.