Individual Customers

The below documents are required to be uploaded for onboarding of Individual Customers onto USD.

Document	Document Type	Notes
Identity verification biometrics	`identity_verification_biometrics`	Biometric identity verification document
Proof of address	`proof_of_address` or `bank_statement`	Utility bill, bank statement, or government-issued document - must be dated within the last 90 days

Business Customers

The below documents are required to be uploaded for onboarding of Business Customers onto USD.

Document	Document type	Notes
Proof of address	`proof_of_address` or `bank_statement`	Utility bill, bank statement, or government-issued document - must be dated within the last 90 days
Articles of association	`articles_of_association`	A legal document that sets out a company’s governance rules, shareholder rights, and internal operating structure
Financial statements	`financial_statements`	Official records of a company’s financial performance, typically including balance sheet, income statement, and cash flow statement
Incorporation certificate	`incorporation_cert`	An official certificate issued by the company’s registry confirming the legal formation of the business
Source of funds	`source_of_funds`	Documentation showing the legitimate origin of the funds used by the business, such as bank statements or investment records

Financial Institutions

Businesses with the following industry codes are classified as financial institutions and require additional documents to be uploaded:

331513 Steel Foundries (except Investment)
425120 Wholesale Trade Agents and Brokers
441110 New Car Dealers
441120 Used Car Dealers
441210 Recreational Vehicle Dealers
441222 Boat Dealers
441227 Motorcycle, ATV, and All Other Motor Vehicle Dealers
522130 Credit Unions
522180 Savings Institutions and Other Depository Credit Intermediation
522220 Sales Financing
522291 Consumer Lending
522292 Real Estate Credit
522299 International, Secondary Market, and All Other Nondepository Credit Intermediation
522310 Mortgage and Nonmortgage Loan Brokers
522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities
522390 Other Activities Related to Credit Intermediation
523150 Investment Banking and Securities Intermediation
523160 Commodity Contracts Intermediation
523210 Securities and Commodity Exchanges
523940 Portfolio Management and Investment Advice
523999 Miscellaneous Financial Investment Activities
524113 Direct Life Insurance Carriers
524114 Direct Health and Medical Insurance Carriers
524126 Direct Property and Casualty Insurance Carriers
524127 Direct Title Insurance Carriers
524128 Other Direct Insurance (except Life, Health, and Medical) Carriers
524130 Reinsurance Carriers
524210 Insurance Agencies and Brokerages
524291 Claims Adjusting
524292 Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds
524298 All Other Insurance Related Activities
525110 Pension Funds
525120 Health and Welfare Funds
525190 Other Insurance Funds
525910 Open-End Investment Funds
525990 Other Financial Vehicles
531210 Offices of Real Estate Agents and Brokers
533110 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)
541214 Payroll Services
551111 Offices of Bank Holding Companies
561450 Credit Bureaus

Document	Document type	Notes
AML/CFT Sanctions Policy	`aml_cft_sanctions_policy`	A formal policy outlining the company’s procedures for preventing money laundering, terrorist financing, and sanctions breaches
AML/CFT Sanctions Audit	`aml_cft_sanctions_ind_audit`	An independent audit report assessing the effectiveness of the company’s AML, CFT, and sanctions controls
Regulatory License	`regulatory_license`	An official license issued by the relevant regulator authorising the company to conduct regulated financial activities
Compliance Officer Resume	`compliance_officer_resume`	A resume or CV demonstrating the qualifications and experience of the company’s appointed Compliance Officer
Share Certificate	`share_certificate`	An official certificate issued by the company showing ownership of its shares and the registered shareholders
Wolfsberg Questionnaire	`wolfsberg_gcbddq`	A standard due-diligence questionnaire covering the company’s financial crime controls, based on the Wolfsberg Group framework
Enhanced Due Diligence (EDD) Form	`edd_concentration_form`	A template form with questions regarding the intended use of the account. Needs to be signed. The form is available at request from your Lorum representative. Questions that require an existing account (those about identifier and opening date) can be answered with: "It will be a new account".

Document Requirements

Proof of address must be dated within the last 90 days
Documents must be clear, legible, and show complete information
Accepted formats: PDF, JPEG/JPG, PNG
Maximum file size: 9.5 MB