How It Works

Getting Live Keys

Once you’ve agreed to Conduit’s terms & conditions and passed our due diligence process, we’ll turn on Live environment access for your organization so that you can generate your Live Keys via Client Portal where you currently manage your Sandbox keys. This way access to both environments live in one place. From there, you’ll be able to access Conduit’s production URL: api.conduit.financial.

Company Due Diligence

Conduit is subject to certain laws, rules, and regulations regarding money laundering, terrorism financing, other financial crimes, economic sanctions, bribery, and corruption. We, therefore, need to “get to know” your business (KYB) by reviewing copies of the following documents upon agreeing to terms, including, but not limited to:

• Registration Papers (for example, articles of incorporation, corporate charter, acta constitutiva)
• Registration Number
• Certificate of Good Standing (showing the business is presently allowed to operate in your country of registration)
• Tax Information (Tax Identification Number)
• Proof of Primary Physical Address (current lease, or utility bill dated within the past 60 days)

Ultimate Beneficial Owner Due Diligence

Information about the natural persons who owns, directly or indirectly, 25% or more your business (UBOs):

• Full Legal Name
• Date of Birth (DOB)
• Proof of Primary Residential Address (utility bill dated within that past 60 days)
• Copy of a Current Photo Identification (driver’s license, tax identification card, passport) – both front & back

Authorized Signer Due Diligence

Information about the natural person who has the requisite internal and external power and authority to sign on behalf of your business (Legal Representative)

• Document evidencing such power and authority (for example, corporate bylaws signed by the entire board of directors, articles of incorporation that specifically grant the individual such power and authority, or another document that’s been signed and/or filed showing this power and authority)

Internal Control Policies

Documents around your internal controls and AML (for example, your policies, processes, procedures, standards, onboarding flow charts).