browse

As part of our commitment to delivering comprehensive solutions for Enterprise Customers, we proudly offer the Know Your Business (KYB) service. With Blockpass' KYB service, we take on the responsibility of collecting and verifying company data on behalf of our valued customers.

Blockpass' KYB solution encompasses the following key features:

Company Verification:

  • Cross-referencing company data for accuracy.
  • Verifying the completeness of required documents.
  • Validating the existence of the company.
  • Verifying the Registered Address.
  • Conducting a Corporate Anti-Money Laundering (AML) check.

Registry Check in certain countries

Registry verification is presently enforced for companies in the countries listed below. Please note that this may be modified periodically.

Austria    
Belgium    
Denmark    
France    
Germany    
Ireland Italy  
Netherlands Norway  
Poland Portugal  
Singapore Spain  
Sweden    
United Arab Emirates United Kingdom United States

 

Officer Verification:

  • Cross-referencing officer data for accuracy 

From provided data to confirm precisely the list of officers in the company, including Management Controller(s) and Beneficial Controller(s).

  • Apply CDD 

The Authorized Representative, Management Controller(s), and Beneficial Controller(s) go through Customer Due Diligence (CDD).

To ensure a seamless experience for Business Users throughout the KYB process, Blockpass does not impose any specific rules. We accept all Identity Documents, including passports, national IDs, and driving licenses, without restricted jurisdiction limitations. However, if you have specific considerations or additional KYC rules you would like to apply; we encourage you to contact our team. One of the general rules may be related to the restricted countries.

 

Exclude certain Residence/ Nationality or Jurisdiction.

In contrast to our KYC service, which restricts sign-ups from users residing in restricted countries, Blockpass permits all Business Users to submit their company profiles. During the KYB process, we cross-verify personal and company details against your specific KYC rules. If we detect that a Controller or the Company is linked to a restricted jurisdiction, we label the profile as High-risk and notify you in the KYB report for the Business User.

Upon completion, the KYB report will be updated on your KYB dashboard. We will promptly notify you about the completed KYB report, allowing you to check the status of your KYB, access all documents and information, and extract documents directly from the completed KYB report through the KYB Dashboard.

It's important to note that Business Users who do not meet your KYC rules still have the option to share the report with you.

You retain the flexibility to review the KYB report and make an informed decision regarding the acceptance of the Business User. Be assured that Blockpass will not disclose any specific rules associated with your service during the KYB process.

 

To utilize our KYB service, you must complete the onboarding process for our Enterprise Plan. For detailed instructions on how to get started with the Blockpass service, please refer to the following article: https://help.blockpass.org/hc/en-us/articles/4403306822297-Onboarding-How-can-my-business-start-verifying-users-with-Blockpass-.

For further information about our KYB Service, feel free to contact us by submitting your request through our online form at https://help.blockpass.org/hc/en-us/requests/new or send us an email at sales@blockpass.org.

Previous
Next
4403571880473

Comments

0 comments

Article is closed for comments.

Was this article helpful?

6 out of 11 found this helpful
Powered by Zendesk