Business onboarding with static URL

Table of Contents

1 Introduction
2 Workflow
3 Business onboarding steps
- 3.1 Actors
- 3.2 Steps

Introduction

This document will guide you through the process of the business onboarding process by initiating it with Ondato provided static URL.

Extent of the integration can be adjusted based on your business individual needs.
Please contact [support@ondato.com] for more details.

Workflow

Business onboarding steps

Actors

Client - Ondato client that uses the Ondato business onboarding service.
User - representative of a legal entity that is being onboarded by the client.
OS user - OS user who manages the KYB identifications. Steps, that are performed by the OS user can also be performed by the client, depending on agreement.

Steps

	Step	Actor	Description

	Step	Actor	Description
1	Redirect user to business onboarding form static URL	Client	Static URL is provided by Ondato. Please contact [support@ondato.com] if you don’t have it.
2	Fill in business onboarding (KYB) form	User	Please see the following documentation on the process of filling in the business onboarding (KYB) form: Fill in business onboarding form
3	Order representatives data from registries (manual step)	OS user	Outside registry documentation is ordered.
4	Upload KYB related documents from the registries	OS user / Client	Outside registry documentation is uploaded to the related KYB identification by OS users. Document status: “Document Review”. Other types of documents can also be attached by the client if needed.
5	Validate KYB related documents	OS user / Client	Outside registry documentation is reviewed and compared with provided business onboarding information. Then, document status is changed to: “Data is Correct” - document is reviewed and approved. “Data Does not Match” - document is reviewed but the data does not match with the information provided in business onboarding form. If there are other types of documents attached by the client then they also need to be validated.
6	Initiate KYC identifications (manual step)	OS user / Client	A static KYC URL is sent to each of the representatives that were mentioned in business onboarding form.
7	Complete KYC identification	User	KYC identification is started and completed by the legal entity’s representative.
8	Validate KYB identification	OS user	KYB identification is reviewed and status is changed to: Rejected - if at least one KYB related document has status “Data Does not Match” and/ or at least one representative has status “Rejected”. Approved - if all KYB related documents has status “Data is Correct” and all KYC identifications has status “Approved”.