KYB for legal entities
For a legal entity applicant, the platform checks the company itself and the people behind it: company details, ownership structure, executives and beneficial owners, and whether they appear on sanctions lists.
Plan Growth, Bank Pro and Enterprise plans.
What’s inside
- Extraction of company details from documents
- Ownership structure and ultimate beneficial owners up to five levels
- Checks of executives and beneficial owners
- Sanctions and PEP: OFAC, UN, EU and national lists
- Cross-checking against government registries of legal entities
- LLPs, joint-stock companies and sole proprietors in five countries
- Result: confirmed, with remarks, manual review
- Ownership structure report in PDF and JSON
Limitations
The depth of ownership data depends on how open the country’s registry is. Where the registry does not disclose beneficial owners, they are confirmed by the applicant’s documents and manual review.
FAQ
Are individual founders checked?
Yes, executives and beneficial owners go through sanctions screening and a PEP check as separate individuals.
Can a sole proprietor be checked?
Yes, a sole proprietor is checked as a legal entity through the registry and as an individual through KYC and the credit report.
Use cases with this feature
Other features
Shall we run a check on your report?
Send an anonymized sample report from the country you need: we will break it down in a demo and show the flags, the summary and the connection to your system.