1. First Name

• Description: The individual’s first or given name.

• Example: If the individual’s name is "John Smith," the first name would be "John".

2. Last Name

• Description: The individual’s last name or family name.

• Example: If the individual’s name is "John Smith," the last name would be "Smith".

3. Date of Birth

• Description: The individual’s birthdate, used to verify their age and identity.

• Example: If the individual was born on January 1, 1990, the date of birth would be "01-01-1990".

4. Nationality

• Description: The country where the individual holds citizenship. This is used to identify the individual's legal nationality for regulatory and compliance purposes.

• Example:

  • If the individual is a citizen of the United Kingdom, the nationality would be "GB" (ISO code for the UK).

  • If the individual is a citizen of Ireland, the nationality would be "IE" (ISO code for Ireland).

5. Residential Address

• This includes several subfields to capture the full address of the individual:

• Street

  • Description: The primary address line (house number and street name).

  • Example: "123 Main Street".

• Street 2

  • Description: Additional address details (e.g., apartment or unit number).

  • Example: "Apt 4B".

• City

  • Description: The city where the individual resides.

  • Example: "Dublin".

• Postal Code

  • Description: The postal code (UK) or Eircode (Ireland) for the address.

  • Example:

    • UK: "SW1A 1AA" (London)

    • Ireland: "D01 F5P2" (Dublin)

• Country

  • Description: The country of residence.

  • Example: "GB" for the UK or "IE" for Ireland.

6. Email Address

• Description: The individual’s email address for communication and verification.

• Example: "[email protected]".

7. Phone Number

• This includes two subfields for the phone type and phone number:

• Phone Type

  • Description: The type of phone (e.g., mobile or landline).

  • Example: "Mobile".

• Phone Number

  • Description: The individual’s phone number.

  • Example: "0798 333 456".

8. Identification Document

• Individuals must provide an official identification document (e.g., passport, driver’s license) for verification:

• ID Number

  • Description: The unique number on the identification document.

  • Example: "P1234567" (for a passport).

• ID Type

  • Description: The type of identification document (e.g., passport, driver’s license).

  • Example: "Passport".

• Document Attachment

  • Description: A Scan or Photo containing the ID document.

• Issuer State

  • Description: The country that issued the document.

  • Example: "GB" for the UK or "IE" for Ireland..

• Document Description

  • Description: A brief description of the identification document.

  • Example: "Irish Passport".

9. Bank Account Information

• Bank details are required for KYC to verify the individual’s financial accounts:

• Bank Type

  • Description: The type of bank account (e.g., savings or current).

  • Example: "Current".

• Account Number

  • Description: The individual’s bank account number.

  • Example: "12345678".

• Sort Code

  • Description: The sort code of the individual’s bank (specific to UK and Ireland).

  • Example: "98-76-54".

• IBAN

  • Description: The International Bank Account Number (IBAN) used for international payments.

  • Example: "IE29AIBK93115212345678".

• Bank Name

  • Description: The name of the individual’s bank.

  • Example: "Allied Irish Bank".

10. Source of Funds

• Description: The type of income or revenue source that funds the individual’s account. This helps identify where the money being deposited originates.

• Example: "Business Revenue".

11. Tax Information

• Tax information is often needed for compliance, particularly for tax reporting purposes:

• Tax Number

  • Description: The individual’s tax identification number (TIN) or personal tax number.

  • Example: "123456789".

• Tax Country

  • Description: The country in which the individual is a tax resident.

  • Example: "GB" for the UK or "IE" for Ireland.

• Tax Type

  • Description: The type of tax identification number used for tax purposes (e.g., National Insurance Number in the UK or Personal Public Service (PPS) Number in Ireland).

  • Example: "National Insurance Number" (UK) or "PPS Number" (Ireland).

12. Business Types

• Private Company

  • Definition: A privately-owned business entity where shares are not offered to the public on a stock exchange. Ownership is typically held by a small group of investors or individuals.

  • Example: Private Limited Company (Ltd) in the UK.

  • KYC Relevance: The company’s registration details, ownership structure, and information about directors and shareholders are verified.

• Public Company

  • Definition: A company whose shares are publicly traded on a stock exchange. Public companies are required to comply with regulatory reporting and transparency standards.

  • Example: Public Limited Company (PLC) in the UK.

  • KYC Relevance: Verification involves confirming the company’s listing, its key executives, directors, and shareholders (especially major shareholders).

• Partnership (Incorporated)

  • Definition: A legal entity formed by two or more partners who share ownership and profits. An incorporated partnership has a separate legal identity from its partners.

  • Example: Limited Liability Partnership (LLP) in the UK.

  • KYC Relevance: KYC checks focus on verifying the partnership agreement, registration details, and the identities of the partners.

• Association (Incorporated)

  • Definition: An organisation formed for a specific purpose (often non-commercial), which has legal standing and can own assets and enter contracts in its own name.

  • Example: An incorporated charity or sports club.

  • KYC Relevance: KYC involves confirming the registration of the association and verifying the identities of key members or officers.

• Non-Profit

  • Definition: An organisation set up to provide services or benefits to the public or specific groups, without the intention of making profits for owners or shareholders.

  • Example: Charitable organisations, foundations.

  • KYC Relevance: The focus is on verifying the organisation’s non-profit status, its legal structure, and identifying key members like trustees or directors.

• Government Organisation

  • Definition: A public sector entity established and controlled by a government to deliver public services or perform governmental functions.

  • Example: Government agencies, ministries, local councils.

  • KYC Relevance: Verification typically includes validating the entity’s governmental status and confirming the identities of key individuals representing the organisation.

Additional Information:

• Industry Code

  • Description: The code that represents the industry in which the individual operates their business. These codes are used to classify businesses for regulatory and reporting purposes. They are often based on the SIC (Standard Industrial Classification) system.

  Examples:

  • Bars: "5630" – Beverage serving activities (including bars, pubs, and nightclubs).

  • Restaurants: "5610" – Restaurants and mobile food service activities (including sit-down restaurants).

  • Hotels: "5510" – Hotels and similar accommodation (including hotels, resorts, and motels).

  • Fast Food: "5610" – Restaurants and mobile food service activities (including fast food outlets and takeaway services).

  • Cafes: "5610" – Restaurants and mobile food service activities (covering cafes, coffee shops, and snack bars).

  • Retail Shops: "4711" – Retail sale in non-specialised stores with food, beverages, or tobacco predominating(including supermarkets) or "4771" – Retail sale of clothing in specialised stores (for clothing shops).

• Sales Channels

  • Description: The channels through which the individual conducts business (e.g., online, in-person, or both).

  • Example: "Online and In-Person".

• Web Data

  • Description: Information about the individual’s business website or online presence.

  • Example: "www.johnsstore.com".