Any organization that sends funds to individuals, businesses, etc., is required to verify the identity of their customers. This includes any individual who owns 25 percent or more of a customer’s legal entity, and any individual who controls the legal entity. To perform these checks, Kountable needs to gather certain information so we can confirm the legitimacy of your business, validate your identity, and verify your business and personal information.
Required Company Information:
- Business Name
- EIN
- DBA
- Address
Required Individual/Owner Information:
- Legal first/last name
- DOB
- SSN
- Ownership Status
- Address
Acceptable forms of individual/owner identification:
- Passport
- National ID
- Driver’s license
Acceptable forms of legal entity verification:
- IRS Letter 147C (United States)
- IRS SS-4 confirmation letter (United States)
- Certificate of Incorporation (Rwanda)
- Memo and articles of association (Kenya)
- CR12 (Kenya)
Verification document requirements:
- Documents must be uploaded in full color (i.e. no black-and-white scans)
- Documents must be high-quality photograph, clear and large enough to read
- Photocopies of identity documents are not acceptable
- Documents must be valid and not expired
- Complete documents must be uploaded. (I.e. nothing cut off, front and back of document if applicable)
- Documents can be uploaded in .pdf, .png, or .jpg format (photos and color scans acceptable)
