We understand that sometimes you may need KYB Services. We offer the KYB services for Enterprise Clients. The Corporate AML check consists of an AML check of the company that you intend to onboard. This is to determine if the name of the company is on the sanctions list or not. There are other data points gathered. Those may include whether there may be any Adverse Media associated with the company concerned. Also there may be at times insolvency results available.
If you require KYB Services please ensure that you have selected this option in the Enterprise Order Form. If you have not yet then re-submit the Form. Note: the first time you submitted the Form you would have received an email receipt. To avoid having to fill in the Form again please locate the same email receipt and re-submit from the link found in the email receipt.
We offer a Know Your Business (KYB) process. This consists of sending a Blockpass KYB form to you that you can share with your company clients to gather information about companies. Once they complete the Form we will then manage the process for you.
Once a company submits information to the Form, we will run the Corporate AML check based on the provided Company name and Jurisdiction of Incorporation. Also, Blockpass will send KYC link to relevant individuals (CCs to you as well) to implement the KYC process. Once we have all the AML check results, we will send the full report to you via helpdesk.
Note:
In order to access our AML check for companies you would need to be on our KYC Connect Enterprise plan with Managed Service Please ensure that beside registering KYB service, you also choose the Managed Service in the Order Form.
The above Company Onboarding Form would only be on the company itself. No additional checks would be done on the individuals associated with a company, except KYC verification. No checks will be performed to determine if the company has been validly incorporated in a particular jurisdiction. No checks are performed in determining who are the owners of the company concerned.
You may of course, once you have determined who the relevant individuals are within a company, send those individuals a Blockpass link to go through the KYC process. This is typically what our Clients do to verify the identity of shareholders, directors and beneficial owners.
For more information about our KYB Service, please kindly send an email to support@blockpass.org.