List of required documents for entities:
KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures are important regulatory requirements that is adhered to Cryptody platform. Procedures are designed to prevent illicit activities, such as money laundering, terrorist financing, and other forms of financial fraud. Our compliance team is conducting KYC and due diligence on all prospective clients prior to onboarding.
For legal entities, the KYC process typically involves verifying the company’s legal existence, ownership structure, and the identities of its directors, beneficial owners.
List of required documents for entities:
- KYC Form, all required sections must be completed, saved as PDF dated, and signed by hand.
- Registry extract, the document must must be extracted in the last 6 months and should indicate the company’s legal name, legal entity type, incorporation date, company status, and registered address.
- Shareholder and director’s extract the document must be extracted in the last 6 months and should indicate company shareholders and directors. In some cases the document will have to be notarized and apostilled.
- The most recent Memorandum & Articles of Association were signed by the company’s director.
- Proof of the company’s address if different from the registered address the acceptable documents would be electricity, water, fiber internet, landline phone or gas bills, rental agreement dated and signed by both parties, company’s bank statement with recent activity, etc. The document must be extracted in the last 6 months.
- Proof of the residence of the company’s director and representative. The acceptable documents would be electricity, water, fiber internet, landline phone or gas bills, rental agreement dated and signed by both parties, bank statement with recent activity, extract from the voting registry, declarations of residence extract, etc. The document must be extracted in the last 6 months
- Company’s group structure if the company’s structure has more than one layer. The document must be dated and signed by the company’s director.
- Personal document copies in color of representatives, directors, and UBOs.
- If the company does not have a working website or a physical store, please clarify in detail how the company operates, and targets its clients without a working website or a physical store.
- Remote identity verification with Veriff of representatives, directors, and individuals who owns 25% or more of the company shares.
List of required documents for individuals:
- KYC form.
- Remote identity verification.
- Proof of address.
- If the client is deemed high risk, then we require SOW/SOF documents.
