For banks, PIs & EMIs
KYB for banks, payment institutions & e-money issuers
Correspondent relationships, corporate accounts, and merchant onboarding all carry the same underlying requirement: know who actually controls the business on the other side.
Where the complexity concentrates
For a bank or PI/EMI, the hard cases aren't simple single-owner businesses - they're corporate customers with holding structures, cross-border ownership, or investment-fund shareholders. Resolving those chains fully, rather than stopping at the first named shareholder, is exactly what ownership resolution is for.
Documentation quality matters under supervisory review
A bank's beneficial-ownership determinations get reviewed - by internal audit, by external audit, by the supervisor. A defensible record shows the specific register, the specific percentage, and, if the chain didn't fully resolve, the specific reason why not - not a conclusion with no visible working. See how Keizu determines a UBO for what that record actually looks like.
Ongoing monitoring, not a point-in-time file
A corporate account's ownership doesn't stay static for the life of the relationship. UBO monitoring and, more broadly, perpetual KYB address the supervisory expectation that due diligence continues past onboarding, not just at it.
Related
See it work on a real company.