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What documents are required to complete my KYB process?
What documents are required to complete my KYB process?
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Written by Remi Giudicelli
Updated over a week ago

To initiate the Pay Out process for CargoWALLET, you'll need to go through our KYB (Know Your Business) procedure.

Here's a checklist of the documents we require:

  1. Business Registration Documents

  2. Document Displaying Share Ownership, Directors, and Officers

  3. Operating Address Proof (dated within the last 6 months):

    • Bank and government letters

    • Utility and telecom bills

    • Tenancy agreement, etc.

  4. IDs of all Ultimate Beneficial Owners (UBO) holding 25% or more shares

  5. IDs of all Directors

  6. Authorized Representative ID and Proof of Address

  7. Website of the Business Entity

Additional documents may be requested on a case-by-case basis.

Your KYB process typically takes 5-7 business days, provided all required documents are submitted correctly and in full.

Please remember that the successful completion of KYB is a prerequisite before you can use our Pay Out feature. If you have any questions or need assistance, our support team is here to help at support+wallet@cargoai.co.

We hope you find this article useful!

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