Accounts now support digital attestation for proof of registration and beneficial ownership verification
What’s new
Adds support for digital attestation to the Accounts API when uploading documents for proof of registration and ultimate beneficial ownership verification. You can now specify the person who electronically signed the document using the following parameters:
- documents.proof_of_registration.signer.person: ID of the Person who electronically signed the proof of registration document
- documents.proof_of_ultimate_beneficial_ownership.signer.person: ID of the Person who electronically signed the proof of ultimate beneficial ownership document
These parameters are available when you create an Account or update an existing Account.
Impact
You can now provide digital attestation for proof of registration and ultimate beneficial ownership verification. Digital attestation allows authorised signers to electronically sign attestation agreements as an alternative to uploading physical documents. This streamlines the onboarding process for European compliance requirements while maintaining the same level of verification.
If you use this feature, make sure the person specified in the signer. parameter has the proper authorisation to sign on behalf of the business, and their first_name and last_name are set.