Onboarding is actually super easy, but there are certain things we are required to ask you for by law. I'm sure you have done many KYC's before, ours is is just a B2B one.
You will need some basic information when doing our onboarding flow, but it's really not much and we try to keep it as light as possible. These are what you will need:
For your company: Registration Certificate or similar, Ownership structure or similar, Control structure or similar and Source of wealth of your UBO. Ideally registries, articles and statements.
Additionally we ask for some extra non required documents to help your payment flows later on and to get you the best products we offer. Agreements with suppliers, license documentation and any AML or terms you use to ensure smooth operation of your own business.
For you: A device to KYC with, passport and proof of address. This is a super quick step for you and your company associates.
The whole process of the initial questions for the right onboarding flow through the KYC steps, takes from 5 to 10 minutes.
Our team are on hand every step of the way and our onboarding flow can even create issue tickets if you need them. We look forward to having you onboard.
Xace Team.