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Reliance: Onboard a limited company

Reliance is for use by regulated firms only. Onboarding via Reliance is only available by API.

To check the different types of entities you can onboard using Reliance, see Entities we onboard.

You complete customer due diligence (CDD) using your own tools and processes, and then send us the information we need. You must also attest that you have verified your customer's identity in line with the standards set by the Joint Money Laundering Steering Group (JMLSG).

Once you've submitted the required information, we validate that the required fields are present, screen the customer against sanctions lists, perform an Immigration Act check, and assess whether the customer falls within our risk appetite based on industry and jurisdiction.

caution

Only users with the compliance role can create and submit Reliance applications.

Process overview

There are four steps to onboarding a limited company using Reliance:

  1. Choose your workflow
  2. Capture the customer information
  3. Submit the application
  4. Receive a decision

1. Choose your workflow

Find the relevant workflow for your customer type. See Workflows for how to retrieve and cache your workflow URLs.

2. Capture the customer information

Company information

InformationClaimRequired
Company nameuk-company-register
Company registration numberuk-company-register
Corporation typeuk-company-register
Date of incorporationuk-company-register
Company registered addressuk-company-register
Country codeuk-company-register
Company trading addresstrading-address
Industry code (SIC)sic-codes
Business sizebusiness-size
Tax residency/iestax-residencies
Tax identifier number/stax-identification-numbers-by-country
Risk ratingexternal-risk-rating
Number of employeesnumber-of-employeesOptional
Balance sheet sizebalance-sheet-sizeOptional
Estimated annual turnoverannual-turnoverOptional
info

Number of employees, balance sheet size, and estimated annual turnover are requested but not required fields.

While optional, providing middle names helps reduce false positives in Sanctions and Immigration Act checks.

Director and PSC information

For each director and person with significant control (PSC), you'll need:

InformationClaimRequired
Full name (given name)individual-identity
Middle nameindividual-identityOptional
Full name (surname)individual-identity
Date of birthindividual-identity
Residential addressindividual-residence
US citizen confirmationus-citizen
Tax residency/iestax-residencies
Tax identifier number/stax-identification-numbers-by-country
Verification attestationreliance-verification

Attesting to verification

In addition to submitting the above information about the company, you must also attest that you have verified both the company information and the identities of the directors and PSCs. To do this, use the reliance-verification claim, and enter one or more of the following reliance-verification-methods:

Verification methodDescription
electronicThe customer was verified using electronic sources (credit reference agency)
physicalThe customer provided documentation in person
manual-biometricGovernment documentation cross-referenced with a selfie and verified by a third party
manual-documentThe customer supplied documentation e.g. a passport copy and address document
jmlsgAttest that the verification method used was in line with JMLSG standards

3. Submit an application

To submit an application, make a request to:

POST https://api.griffin.com/v0/organizations/{organization-id}/onboarding/applications

You will need to provide the claims relevant to the limited company, following the Claims API reference for the subject-profile (the company) and related-profiles (directors and PSCs).

Example application

{
"workflow-url": "/v0/workflows/wf.Ul-1r4gRWfOFxHJsHWghcA",
"subject-profile": {
"display-name": "Money Technology Ltd",
"claims": [
{
"claim-type": "uk-company-register",
"entity-name": "Money Technology Ltd",
"corporation-type": "private-limited-company",
"entity-registration-number": "91824539",
"date-of-incorporation": "2017-06-01",
"building-number": "184",
"city": "London",
"street-name": "Argyle Street",
"postal-code": "EC2V 9AN",
"country-code": "GB"
},
{
"claim-type": "trading-address",
"building-name": "Tower A",
"building-number": "12",
"street-name": "High Street",
"city": "London",
"postal-code": "TE1 2ST",
"country-code": "GB"
},
{
"claim-type": "sic-codes",
"sic-codes": ["01110"]
},
{
"claim-type": "business-size",
"business-size": "small"
},
{
"claim-type": "tax-residencies",
"tax-residencies": ["GB", "US"]
},
{
"claim-type": "tax-identification-numbers-by-country",
"tins-by-country": {
"GB": ["12345-6789"],
"US": ["123-45-6789"]
}
},
{
"claim-type": "external-risk-rating",
"external-risk-rating": "low-risk"
}
]
},
"related-profiles": [
{
"display-name": "JOHNSON, Talia",
"subject-association": {
"director": {},
"psc": {}
},
"claims": [
{
"claim-type": "individual-identity",
"given-name": "Talia",
"surname": "Johnson",
"date-of-birth": "1985-03-15"
},
{
"claim-type": "individual-residence",
"building-number": "19",
"street-name": "Example Street",
"city": "Test Town",
"postal-code": "TE1 2ST",
"country-code": "GB"
},
{
"claim-type": "us-citizen",
"us-citizen?": false
},
{
"claim-type": "tax-residencies",
"tax-residencies": ["GB"]
},
{
"claim-type": "tax-identification-numbers-by-country",
"tins-by-country": {
"GB": ["AB123456C"]
}
},
{
"claim-type": "reliance-verification",
"reliance-verification-methods": ["manual-biometric", "manual-document"],
"reliance-verification-standard": "jmlsg"
}
]
},
{
"display-name": "KLEIN, Monica",
"subject-association": {
"psc": {}
},
"claims": [
{
"claim-type": "individual-identity",
"date-of-birth": "1963-02-02",
"given-name": "Monica",
"surname": "Klein"
},
{
"claim-type": "individual-residence",
"building-number": "19",
"street-name": "Example Street",
"city": "Test Town",
"postal-code": "TE1 2ST",
"country-code": "GB"
},
{
"claim-type": "us-citizen",
"us-citizen?": false
},
{
"claim-type": "tax-residencies",
"tax-residencies": ["IT"]
},
{
"claim-type": "tax-identification-numbers-by-country",
"tins-by-country": {
"IT": ["12345-6789"]
}
},
{
"claim-type": "reliance-verification",
"reliance-verification-methods": ["manual-biometric", "manual-document"],
"reliance-verification-standard": "jmlsg"
}
]
}
]
}
tip

If a director is also a PSC, you should add both roles on the subject-association parameter, as shown in the first related profile above.

A successful response body looks like this:

{
"onboarding-application-url": "/v0/onboarding/applications/oa.b25ib2FyZGluZy1hcHBsaQ",
"onboarding-application-status": "submitted"
}

Monitoring the application

To monitor the application status, either poll the onboarding-application-url or create a webhook and listen for the onboarding-application-created and onboarding-application-updated events.

Once an application has been submitted, it will register the subject and related profiles and the status will update to processing. A legal-person-url and verification-url will be added to the application, as shown below:

{
"onboarding-application-url": "/v0/onboarding/applications/oa.b25ib2FyZGluZy1hcHBsaQ",
"created-at": "2019-08-24T14:15:22Z",
"workflow-url": "/v0/workflows/wf.Ul-1r4gRWfOFxHJsHWghcA",
"onboarding-application-status": "processing",
"legal-person-url": "/v0/legal-persons/lp.IGxlZ2FsLXBlcnNvbi1pZA",
"verification-url": "/v0/verifications/vn.IHZlcmlmaWNhdGlvbi1pZA"
}

4. Receive a decision

When the onboarding-application-status moves to complete, a decision of accepted or declined will be added to the application.

A successful response body for a complete application that has been accepted looks like this:

{
"onboarding-application-url": "/v0/onboarding/applications/oa.b25ib2FyZGluZy1hcHBsaQ",
"created-at": "2019-08-24T14:15:22Z",
"workflow-url": "/v0/workflows/wf.Ul-1r4gRWfOFxHJsHWghcA",
"onboarding-application-status": "complete",
"legal-person-url": "/v0/legal-persons/lp.IGxlZ2FsLXBlcnNvbi1pZA",
"verification-url": "/v0/verifications/vn.IHZlcmlmaWNhdGlvbi1pZA",
"decision": "accepted"
}

If the verification process fails, the application status will update to errored. You can query the verification-url for more detail:

GET https://api.griffin.com/v0/verifications/{verification-id}

Onboarding international directors/PSCs

When onboarding directors/PSCs outside the UK, the claim requirements for addresses are different.

See this example for an imaginary French address:

{
"claim-type": "individual-residence",
"address-line-1": "4 Rue Paul Cabet",
"address-line-2": "Appartement 5",
"city": "Dijon",
"state": "Côte-d'Or",
"postal-code": "21000",
"country-code": "FR"
}

Required fields:

  • claim-type
  • address-line-1
  • city
  • postal-code
  • country-code

Optional fields:

  • address-line-2
  • state

Onboarding non-account owners

We require less information when onboarding LTDs who will not be the owner of a bank account, for these LTDs use the Reliance LTD Company workflow, the below tables show the information that is not required when onboarding these LTDs.

For more information on the different associations a customer can have to a bank account please see Owners, controllers, and beneficiaries.

For the company

ClaimRequired for non-account owners
tax-identification-numbers-by-country
tax-residencies
us-citizen
balance-sheet-size
number-of-employees
business-size
external-risk-rating

For directors and PSCs

ClaimRequired for non-account owners
tax-identification-numbers-by-country
tax-residencies
us-citizen
external-risk-rating

What's next?

Once you have an accepted decision, you can open a bank account. See Types of bank accounts to get started.