Standard Due Diligence (SDD):
Standard due diligence is applied for customers with a lower risk profile, as determined by TransFi's risk assessment. This indicates a lower risk of money laundering or terrorist financing.
For corporate entities, acceptable forms of identification include:
Company Registration/Incorporation certificate
Shareholder Certificates (for those owning >25%)
Certificate of Incumbency
Memorandum of Association (MOA) & Articles of Association (AOA)
Official address or Principal business address proof
EIN/TIN
ID documents for natural persons owning >25% and any controlling persons
Enhanced Due Diligence (EDD):
TransFi flags higher-risk customers (e.g., politically exposed persons, custodial crypto services) and requests additional documents and verification.
High-risk customers are identified based on business activities, including but not limited to:
Custodial crypto/digital assets services
Other non-custodial crypto/digital assets services
Money services/payments/other financial services
ギャンブル・サービス
政治的に露出している受益者を持つ顧客
For high-risk customers, additional documents may be required, such as:
Proof of source of funds
Relevant licenses
AML/KYC policies
If necessary, TransFi will conduct investigations to ensure compliance with AML regulations
