documents/kyc-requirements.md · from KYC requirements v3.docx
Director verification
Every business account names at least one director. Before an account is activated, each director must pass identity verification, including directors added after sign-up.
Verification results are kept for seven years and can be exported on request. Where a provider is unavailable, the account stays pending and the applicant is told why.
Ownership checks
A person holding a quarter or more of the business is treated as a beneficial owner and verified on the same terms.