Standard Business Onboarding Requirements
Legal Entity Name
Registered Address
Principal Operating Address
EIN/TIN (or non-US equivalent identification number)
Business Entity Type
Business Formation Documents
Business Ownership Documents
KYC on all Beneficial Owners and/or Control Owners (per US or International requirements)
All Ultimate Beneficial Owners (UBO): Individual or entity that has complete ownership and control over a business, institution, or legal entity
or Control Person (if different than the Ultimate Beneficial Owners): an individual with significant responsibility to control or direct business; typically an executive officer (CEO, CFO, COO, President)
Proof of Address Documents (if applicable–Individuals and Business) **
Business Description
Business Website
Disclosure of Customer Money Transmission
If moving customer funds, explanation of compliance screening
DAO Status
Enhanced Business Onboarding Requirements
Includes Standard Business Onboarding Requirements plus:
Source of Funds
Estimated Annual Revenue
Disclosure of High Risk Activities
Disclosure of High Risk Geographies (Cuba, Iran, Myanmar, North Korea, or Syria)
Primary Account Purpose
Expected Monthly Transaction Volume (USD)
Please note that Bridge may request the following information in specific instances where additional diligence is required:
Proof of Funds (e.g. bank statements)
Proof of Operating Activity (e.g. bills of lading, invoices, receipts, commercial contracts)
Licensing information for businesses operating in regulated industries
Ad-hoc requests
** Proof of address Documents accepted
Customers Required to Provide Proof of Address
Bridge requires Proof of Address verification documents for:
Individuals who reside in the EEA (European Economic Area)
Businesses who are registered or operating in the EEA (European Economic Area)
Businesses and Individuals who require access to SEPA (Single Euro Payments Area)
Individuals who provide government ID documents from a controlled or prohibited region and claim residence outside that region.
As needed–when requested by Bridge for additional verification
Document Requirements
Businesses
Document confirming the current operating address
Addressed to the applying entity issued in the last 90 days
No PO boxes or virtual addresses
Accepted documents:
Bank statement
Utility bill
Government-issued letter
Office lease agreement (must be current, can be older than last 90 days)
Note: DAOs may provide proof of physical residential address for their verified control person if the DAO does not have its own physical operating address.
If you have questions regarding this information, please contact the TruBit Team via our chat channel or email us Here and we'll be in touch!