When onboarding individuals and companies, you may be required to collect a Tax Identification Number (TIN) depending on the country of tax residency. Countries fall into one of three categories:
Pooled safeguarding or client money accounts are used to hold money on behalf of multiple customers, also known as members of the pool. You are responsible for making sure membership of the pooled account is accurate and up-to-date.
To onboard a limited company, you will need to capture information about the company itself and also verify the identities of any company directors or people with significant control (PSCs).
This guide covers Verify, our automated onboarding product.
This guide covers Verify, our automated onboarding product.
In outsourcing we do not complete third party checks on the data sent to our system, this is done by you. We are validating that required data exists and that the customer is not out of appetite for industry, jurisdiction or risk profile purposes.
Under our outsourcing model, Griffin does not perform independent third-party verification of the data you submit. We define the information required to meet account opening and regulatory reporting obligations, and when data is submitted, we validate that the required fields are present and screen the customer against our appetite criteria — including industry, jurisdiction, and risk profile.
Under our outsourcing model, Griffin does not perform independent third-party verification of the data you submit. We define the information required to meet account opening and regulatory reporting obligations, and when data is submitted, we validate that the required fields are present and screen the customer against our appetite criteria — including industry, jurisdiction, and risk profile.
Under our outsourcing model, Griffin does not perform independent third-party verification of the data you submit. We define the information required to meet account opening and regulatory reporting obligations, and when data is submitted, we validate that the required fields are present and screen the customer against our appetite criteria — including industry, jurisdiction, and risk profile.
Under our outsourcing model, Griffin does not perform independent third-party verification of the data you submit. We define the information required to meet account opening and regulatory reporting obligations, and when data is submitted, we validate that the required fields are present and screen the customer against our appetite criteria — including industry, jurisdiction, and risk profile.
Reliance is for use by regulated firms only, onboarding via Reliance is only available by API.
Reliance is for use by regulated firms only. Onboarding via Reliance is only available by API.
Reliance is for use by regulated firms only. Onboarding via Reliance is only available by API.
Reliance is for use by regulated firms only. Onboarding via Reliance is only available by API.
When you onboard a limited company, you'll typically declare its directors and any people with significant control (PSCs). Some companies have no PSCs — for example, where shareholding is widely distributed and no single individual holds ≥25% of the shares or voting rights. In those cases, you need to identify one of the company's directors as the senior manager: the individual who has ultimate control of the company.
Overview