Earlier in our docs is an overview of our Know Your Business here. Now, this page is focused specifically on eKYB Advanced+ in US. eKYB in US leverages the government sources of truth to validate the legitimacy of businesses, including their taxID (9 digit EIN), business name, business address, along with UBOs.

Integration

User input flow

Module Configuration

Module configuration gives various options to specify different KYB criteria you would like to check (eg. Business name, Business Address, and Business taxID).

Direct API Approach

All module configurations and user data can be forwarded directly in the request for performing an KYB search. This will override existing configuration and data collected about the user.

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API Authentication

All endpoints require authentication headers to be specified as stated in Incode API Documentation

KYB request

POST /omni/externalVerification/ekyb

This endpoint performs an KYB check for the business specified. Note: Endpoint can have empty body {} and in that case information will be pulled from module configuration and session details.

• plugins: must be["ekyb"]: (mandatory)
• businessName:: (mandatory) String. Name of the business.
• street: (optional) String. Street name of the business.
• houseNo: (optional) String. Building or house number on the street..
• addressLine2: (optional) String. Address line 2 of the business. (eg. in US apartment or unit number)
• city: (optional) String. City of the business of the business address.
• state: (optional) String. State of the business of the business address
• postalCode: (optional) String. postalCode formatted based on per-country postalCode basis. (US has 5 digit postal codes)
• country: (mandatory) String. Two letter Alpha-2 country code. (Must be US)
• taxId: (mandatory) String. Tax ID of the business. This may be a 9-digit EIN issued by the IRS or a state-issued business registration number.
• uboNames: (optional) String. Full legal name(s) of Unique Beneficial owners to check against list of legal business associations

Notes:
The country parameter is used to limit business validation to that specific region. We will only validate a business established in the country selected in the eKYB request.

Not all address fields can be blank in the request. At least one field from street, houseNo, addressLine2, city, state and postalCode must have a valid input.

REQUEST FORMAT EXAMPLE
{
  "plugins" : ["ekyb"], //required field
  "businessName" : "Delta International Inc.", //required field
  "street" : "SW 72nd Ave",
  "houseNo" : "4856",
  "addressLine2" : "",
  "city" : "MIAMI",
  "state" : "FL",
  "postalCode" : "33155",
  "country" : "US", //required field
  "taxId" : "XXXXXXXXX", //required field
  "uboNames" : ["Jose A Santos"]
}

Response

All module configurations and user data can be forwarded directly in the request for performing an eKYB search. This will override existing configuration and data collected about the user.

📘

API Authentication

All endpoints require authentication headers to be specified as stated in Incode API Documentation

RESPONSE EXAMPLE
{
  "kyb": [
    {
      "key": "name",
      "status": "success",
      "sub_label": "Verified",
      "message": "Match identified to the submitted Business Name"
    },
    {
      "key": "tin",
      "status": "success",
      "sub_label": "Found",
      "message": "The IRS has a record for the submitted TIN and Business Name combination"
    },
    {
      "key": "address_verification",
      "status": "success",
      "sub_label": "Verified",
      "message": "Match identified to the submitted Office Address"
    },
    {
      "key": "address_deliverability",
      "status": "success",
      "sub_label": "Deliverable",
      "message": "The USPS is able to deliver mail to the submitted Office Address"
    },
    {
      "key": "address_property_type",
      "status": "success",
      "sub_label": "Commercial",
      "message": "Submitted Office Address is a Commercial property"
    },
		{
        "key": "postalCodeMatch",
        "sub_label": "Verified"
    },
    {
        "key": "cityMatch",
        "sub_label": "Verified"
    },
    {
      "key": "registrationStatus",
      "sub_label": "Active"
    },
    {
      "key": "entityType",
      "entityType": {
      "entityType": "Private limited with Share Capital"
    }
    },
    {
      "key": "ubo_name_match",
      "status": "success",
      "sub_label": "Verified"
    },
    {
      "key": "people",
      "people": [
        {
          "name": "PANDO, ADA B.",
          "titles": [
            {
              "title": "DIRECTOR"
            }
          ]
        },
        {
          "name": "PANDO, SARAH A.",
          "titles": [
            {
              "title": "DIRECTOR"
            }
          ]
        },
        {
          "name": "MARTIN, JOHN",
          "titles": [
            {
              "title": "DIRECTOR"
            },
            {
              "title": "REGISTERED AGENT"
            }
          ]
        },
        {
          "name": "SARAH, MARTA",
          "titles": [
            {
              "title": "DIRECTOR"
            }
          ]
        },
        {
          "name": "SANTOS, JOSE A",
          "titles": [
            {
              "title": "CEO"
            },
            {
              "title": "PRESIDENT"
            },
            {
              "title": "REGISTERED AGENT"
            },
            {
              "title": "VICE PRESIDENT"
            }
          ]
        }
      ]
    }
  ]
}

Learning more about Approximate Match : Approximate Match is generated through Incode's proprietary fuzzy matching algorithm. If approximate match is returned, the algorithm has identified a similar match with the string submitted in relation to the string stored in the government source of truth for a particular field. Approximate Match is returned when exact matches are not possible due to misspellings, typographical errors, or slight variations in input data.

Tax ID Verification Messages

KYB error responses

Please refer to error response to see conventional HTTP response codes to indicate the success or failure of an API request.

Custom 400 error messages if businessName, taxId, or country is “ “ or null:

message: businessName, taxId, and country are minimum required fields.

Single Session Dashboard Results

They are available on Single Session view under Business tab

Differences between Advanced and Advanced+ for US eKYB

The main difference is around the responses you will get from both requests. Advanced does not include Address Deliverability, Address Property Type, Entity Type or the full list of UBOs associated to the business. Only Advanced+ will include this information