What Documents do I need for Onboarding?
To complete the onboarding process and access LiquidTrust payment services, we must verify your identity and that of your business. We use Persona for personal identity verification.
You'll need to upload additional specific documents for us to verify your business and ensure compliance with regulations.
Documents Needed to Verify Personal Identify (Know Your Customer)
A possible list of documents required at this step:
- Government-issued photo ID (e.g., passport, driver's license, national ID card)
- Proof of address (e.g., utility bill, bank statement, official government letter)
- Social Security Number or Tax Identification Number
- Real-time photograph to verify against government ID
Documents Needed for Verify Business Identity (Know Your Business)
A possible list of documents required at this step:
- Business registration certificate
- Articles of incorporation or organization
- Business license
- Tax identification number (EIN in the US)
- Proof of business address
- Ownership structure documentation
- Financial statements (e.g., balance sheet, income statement)
- Bank account information
- Identification documents for all beneficial owners (25% or more ownership)
The specific documents required may vary depending on the jurisdiction, the financial institution's policies, and the type of business. For example:
- Sole proprietorships may need fewer documents compared to corporations
- Non-profit organizations might require additional documentation of their tax-exempt status
- International businesses may need to provide translated and notarized versions of their documents