Compliance | Natural Docs

Natural requires identity verification to comply with federal and state financial regulations. All Parties must complete verification before they can send payments. Verification happens automatically after you submit your information through onboarding. The process typically completes within seconds, but may take up to 48 hours.

Beyond initial verification, Natural also complies with BSA/AML regulations (Bank Secrecy Act/Anti-Money Laundering) via automated transaction monitoring.

Verification types

KYC (Know Your Customer) — Individuals

Individual parties complete KYC verification by providing:

Full legal name
Date of birth
Social Security Number
Photo of driver’s license or passport
Residential address
Email and phone

KYB (Know Your Business) — Businesses

Business parties complete KYB verification:

Legal business name
EIN (Employer Identification Number)
Business type (LLC, Corporation, etc.)
Industry (NAICS code)
State of incorporation
Date of incorporation
Registered address
Physical address
Business description
Annual revenue
Articles of incorporation
Website

Businesses must disclose all individuals with 10% or more ownership and/or significant control, otherwise known as ultimate beneficial owners (UBOs). For each UBO, similar to KYC, Natural collects:

Full legal name
Date of birth
Social Security Number
Residential address

Verification statuses

Status	Meaning
`PENDING`	Verification submitted, under review
`APPROVED`	Identity verified, full platform access
`DENIED`	Verification failed
`REVIEW`	Additional information needed

Ongoing compliance

Natural monitors transactions in real-time. In rare cases, we may request additional documentation or temporarily hold a transaction for review.