Check types and coverage

When verifying an entity, you can perform a registry check and opt-in to automatically identify ownership, where available.

We offer two types of entity verification checks, depending on the information you'd like to verify and retrieve.

Check Types

Registry Check

Requirements:

• Legal entity (business) name and suffix

• Country of incorporation

• Company, or registration number

A registry check screens and verifies the provided entity data against corporate registries. After processing, the following registry-dependent information is available:

• The source of the registry

• The entity's registered address

• The entity's date of incorporation

• The structure type of the entity (eg. Ltd)

• Anti-Money Laundering flags and information, if applicable

Tip: Manual-entry ownership is available for Registry Checks. Entities can manually input their shareholders, directors, and universal beneficial owners, who are then verified alongside the entity.

Registry & Ownership Insights Check

Requirements:

• Legal entity (business) name and suffix

• Country of incorporation

• Company, or registration number

Registry and Ownership Insights dives deeper into corporate registries, screening the provided entity data and automatically detecting ownership structures, directors, shareholders, and universal beneficial owners.

After processing, the following registry-dependent information is available:

• Everything in a standard Registry Check

• The entity's business activity, and its trading status

• The entity's contact, support, and website details

• Information on the entity's financial year start, and end dates

• Any representation rights applicable to the entity

• Anti-Money Laundering flags and information, if applicable

In addition, Ownership Insights automatically detects and provides information enhanced by us about an entity's ownership structure, its directors, shareholders, universal beneficial owners, and more:

• The total capital, or shareholding amount, of the entity

• The entity's share class types, and what they mean

• Whether the entity has shareholders with beneficially owned shares

• Whether the entity has raised capital, where available

• Information on automatically identified directors, shareholders, UBOs, and others, including names, dates of birth, shares or roles held, shareholding percentages, addresses, and more.

Registry & Ownership Insights auto-detects ownership structures. You can choose to selectively verify UBOs in the platform, or verify full ownership.

If you choose to verify ownership, we'll automatically detect and require the entity to input email or phone numbers for those identified, who are then verified alongside the entity.

Manual-entry fallback is available if we can't detect the ownership automatically, so your client can still be verified without interruptions.

Zones and Coverage

Entities are split into zones based on their country of incorporation, complexity, and access to the registry. Please refer to your service agreement, or contact your account manager for zone pricing.

Zone A

Zone B

Zone C

Changing a Flow's Check Type

You can change which flows perform the different types of entity checks. To change a Flow's check type, head to the Flows tab and click edit.

From there, you will be able to change which type of check you want to perform on the flow, under the Check Type dropdown.