Client Intake: Business Verification (KYB-Know Your Customer)

The Business Verification (Know Your Business or KYB) 

The verification process includes:

• Confirming entity registration details with the Australian Securities and Investments Commission (ASIC) and the Australian Business Register (ABR), where applicable.

• Tracing beneficial ownership to identify the relevant individuals associated with the trust.

• Identifying directors and other individuals who may need to undergo identity verification.

How it works:

1. Open the Business Verification (KYB) section

2. Review the available business or entity registration information.

3. Confirm the registration details against the relevant official registers.

4. Review the identified beneficial owners, directors, and other relevant individuals.

5. Ensure that individuals requiring identity verification are identified for the KYC process.

Trust Deed Analysis (For "Trust" Client)
Upload a trust deed PDF and we'll extract the trustees, beneficiaries and other controlling parties for you.

Important: Trust Dee Analyis is applicable only to clients with the entity type set to Trust in ClientRelay. The applicable verification requirements should be assessed based on the entity's circumstances.