Business Verification Criteria
This guide outlines the verification requirements for business customers.
Introduction
All businesses using SpherePay’s on-ramp or off-ramp services must be verified before transfers can be initiated. The verification criteria for business customers are as follows:
- Business Legal Name
- Business Trade Name
- Business Description
- Business Type
- Business Industry
- Primary Website
- Physical Address
- Is DAO
- Conducts Money Services
- Conducts Money Services Description
- Compliance Screening Explanation
- Estimated Annual Revenue USD
- Expected Monthly Payments USD
- Operates in Prohibited Countries
SpherePay may request additional information during the onboarding process based on the business’s risk profile and internal risk assessment.
Business Identification Types by Country
The following section lists acceptable business identification types by country. When creating a business customer, use the corresponding identification type code in the identificationNumberType field.
otherare acceptable tax identification types for all countries.ssn,itin,einandpassportare acceptable for US based sole-proprietorships.passportandnational_idare acceptable for non-US-based sole-proprietorships.
Information
When using the identificationNumberType other, provide a description of the document in the identificationNumberDescription field when creating a business customer.
| Country | Country Code (identificationNumberCountry) | Identification Type | ID Code (identificationNumberType) |
|---|---|---|---|
| Aruba | abw | Census Number | cn |
| Afghanistan | afg | Tax Identification Number | tin |
| Angola | ago | Número de Identificação Fiscal | nif |
| Albania | alb | Numri i Identifikimit për Personin e Tatueshëm | nipt |
| Andorra | and | Número de Registre Tributari | nrt |
| United Arab Emirates | are | Tax Registration Number | trn |
| United Arab Emirates | are | Value Added Tax Number | vat |
| Argentina | arg | Clave Única de Identificación Tributaria | cuit |
| Armenia | arm | Tax Identification Number | tin |
| Australia | aus | Australian Business Number | abn |
| Australia | aus | Australian Company Number | acn |
| Australia | aus | Australian Registered Body Number | arbn |
| Austria | aut | Firmenbuchnummer | fn |
| Austria | aut | Umsatzsteuer-Identifikationsnummer | uid |
| Azerbaijan | aze | Vergi Ödəyicisinin Eyniləşdirmə Nömrəsi | voen |
| Belgium | bel | Banque-Carrefour des Entreprises | bce |
| Belgium | bel | Kruispuntbank van Ondernemingen | kbo |
| Bangladesh | bgd | Business Identification Number | bin |
| Bangladesh | bgd | Value Added Tax Number | vat |
| Bulgaria | bgr | Unified Identification Code | uic |
| Bahrain | bhr | Company/Commercial Registration Number | crn |
| Bahamas | bhs | Tax Identification Number | tin |
| Bosnia and Herzegovina | bih | ID Broj (Identification Number) | id_broj |
| Belize | blz | Tax Identification Number | tin |
| Bermuda | bmu | Company/Commercial Registration Number | crn |
| Bolivia (Plurinational State of) | bol | Número de Identificación Tributaria | nit |
| Bolivia (Plurinational State of) | bol | Value Added Tax Number | vat |
| Brazil | bra | Cadastro Nacional da Pessoa Jurídica | cnpj |
| Brazil | bra | Value Added Tax Number | vat |
| Barbados | brb | Tax Identification Number | tin |
| Botswana | bwa | Company/Commercial Registration Number | crn |
| Canada | can | Business Identification Number | bin |
| Canada | can | Value Added Tax Number | vat |
| Switzerland | che | Unternehmens-Identifikationsnummer | uid |
| Chile | chl | Registro Único Tributario | rut |
| China | chn | Unified Social Credit Code | usc |
| Côte d'Ivoire | civ | Numéro d'Identification Fiscale | nif |
| Cameroon | cmr | Numéro d'Identification Fiscale | nif |
| Cameroon | cmr | Registre du Commerce et du Crédit Mobilier | rccm |
| Colombia | col | Número de Identificación Tributaria | nit |
| Colombia | col | Registro Único Tributario | rut |
| Comoros | com | Numéro d'Identification Fiscale | nif |
| Costa Rica | cri | Cédula Jurídica | cedula_juridica |
| Curaçao | cuw | Central Registratie en Informatiebureau | crib |
| Christmas Island | cxr | Australian Business Number | abn |
| Cayman Islands | cym | Company/Commercial Registration Number | crn |
| Cyprus | cyp | Company/Commercial Registration Number | crn |
| Czechia | cze | Identifikační Číslo Organizace (Organization Identification Number) | ico |
| Germany | deu | Umsatzsteuer-Identifikationsnummer | ust_idnr |
| Germany | deu | Company/Commercial Registration Number | crn |
| Dominica | dma | Tax Identification Number | tin |
| Denmark | dnk | Central Virksomhedsregister (Central Business Register) | cvr |
| Dominican Republic | dom | Registro Nacional de Contribuyentes (National Taxpayer Registry) | rnc |
| Algeria | dza | Numéro d'Identification Fiscale | nif |
| Ecuador | ecu | Registro Único de Contribuyentes | ruc |
| Egypt | egy | Tax Identification Number | tin |
| Egypt | egy | Value Added Tax Number | vat |
| Spain | esp | Numéro d'Identification Fiscale | nif |
| Spain | esp | Código de Identificación Fiscal (Fiscal Identification Code) | cif |
| Estonia | est | Register Code | rc |
| Ethiopia | eth | Tax Identification Number | tin |
| Finland | fin | Business ID | y_tunnus |
| Fiji | fji | Tax Identification Number | tin |
| France | fra | Système d'Identification du Répertoire des Entreprises (Enterprise Identification System) | siren |
| France | fra | Système d'Identification du Répertoire des Établissements (Establishment Identification System) | siret |
| United Kingdom of Great Britain and Northern Ireland | gbr | Company/Commercial Registration Number | crn |
| United Kingdom of Great Britain and Northern Ireland | gbr | Value Added Tax Number | vat |
| Georgia | geo | Identification Code | ic |
| Ghana | gha | Tax Identification Number | tin |
| Gibraltar | gib | Company/Commercial Registration Number | crn |
| Greece | grc | Αριθμός Οικονομικής Μονάδας (Economic Unit Number) | aom |
| Guatemala | gtm | Número de Identificación Tributaria | nit |
| Guatemala | gtm | Value Added Tax Number | vat |
| Hong Kong | hkg | Business Registration Number | brn |
| Honduras | hnd | Registro Tributario Nacional (National Tax Registry) | rtn |
| Croatia | hrv | Osobni Identifikacijski Broj (Personal Identification Number) | oib |
| Haiti | hti | Numéro d'Identification Fiscale | nif |
| Hungary | hun | Tax Identification Number | tin |
| Indonesia | idn | Nomor Pokok Wajib Pajak (Taxpayer Identification Number) | npwp |
| Indonesia | idn | Value Added Tax Number | vat |
| Isle of Man | imn | Company/Commercial Registration Number | crn |
| India | ind | Goods and Services Tax Identification Number | gstin |
| India | ind | Corporate Identification Number | cin |
| India | ind | Personal Account Number | pan |
| India | ind | Value Added Tax Number | vat |
| Ireland | irl | Company Registration Office Number | cro |
| Iraq | irq | Tax Identification Number | tin |
| Iceland | isl | Identification Number | id |
| Israel | isr | Company/Commercial Registration Number | crn |
| Italy | ita | Partita IVA | partita_iva |
| Italy | ita | Codice Fiscale | cf |
| Jamaica | jam | Tax Registration Number | trn |
| Jordan | jor | Tax Identification Number | tin |
| Japan | jpn | Hojin Number (Corporate Number) | hn |
| Kazakhstan | kaz | Business Identification Number | bin |
| Kenya | ken | Personal Identification Number | pin |
| Kenya | ken | Value Added Tax Number | vat |
| Kyrgyzstan | kgz | Идентификационный Номер Налогоплательщика (Taxpayer Identification Number) | inn |
| Cambodia | khm | Tax Identification Number | tin |
| Cambodia | khm | Value Added Tax Number | vat |
| Saint Kitts and Nevis | kna | Tax Identification Number | tin |
| Korea (Republic of) | kor | Business Registration Number | brn |
| Kuwait | kwt | Company/Commercial Registration Number | crn |
| Lao People's Democratic Republic | lao | Tax Identification Number | tin |
| Lebanon | lbn | Company/Commercial Registration Number | crn |
| Liberia | lbr | Tax Identification Number | tin |
| Saint Lucia | lca | Tax Identification Number | tin |
| Sri Lanka | lka | Business Registration Number | brn |
| Lithuania | ltu | Company Code | cc |
| Luxembourg | lux | Matricule | matricule |
| Latvia | lva | Reģistrācijas Numurs (Registration Number) | rn |
| Morocco | mar | Identifiant Fiscal (Tax Identifier) | if |
| Monaco | mco | Company/Commercial Registration Number | crn |
| Moldova (Republic of) | mda | Identification Number of Organization | idno |
| Madagascar | mdg | Numéro d'Identification Fiscale | nif |
| Mexico | mex | Registro Federal de Contribuyentes (Federal Taxpayer Registry) | rfc |
| Mexico | mex | Value Added Tax Number | vat |
| Marshall Islands | mhl | Entity Number | en |
| North Macedonia | mkd | Tax Identification Number | tin |
| Malta | mlt | Company/Commercial Registration Number | crn |
| Malta | mlt | Value Added Tax Number | vat |
| Montenegro | mne | Company/Commercial Registration Number | crn |
| Mozambique | moz | Personal Identification of the Business | pib |
| Mauritania | mrt | Numéro d'Identification Fiscale | nif |
| Mauritius | mus | Business Registration Number | brn |
| Malawi | mwi | Taxpayer Identification Number | tpin |
| Malaysia | mys | Suruhanjaya Syarikat Malaysia | ssm |
| Malaysia | mys | Goods and Services Tax Identification Number | gstin |
| Namibia | nam | Value Added Tax Number | vat |
| Nigeria | nga | Corporate Affairs Commission Registration Certificate number | cac |
| Nigeria | nga | Tax Identification Number | tin |
| Nigeria | nga | Value Added Tax Number | vat |
| Nicaragua | nic | Registro Único de Contribuyentes | ruc |
| Netherlands | nld | Kamer van Koophandel | kvk |
| Netherlands | nld | Value Added Tax Number | vat |
| Norway | nor | Organisasjonsnummer | orgnr |
| Nepal | npl | Permanent Account Number | pan |
| New Zealand | nzl | Goods and Services Tax Number | gst |
| Oman | omn | Company/Commercial Registration Number | crn |
| Panama | pan | Registro Único de Contribuyentes | ruc |
| Peru | per | Registro Único de Contribuyentes | ruc |
| Philippines | phl | Tax Identification Number | tin |
| Pakistan | pak | National Tax Number | ntn |
| Poland | pol | Numer Identyfikacji Podatkowej | nip |
| Poland | pol | Krajowy Rejestr Sądowy | krs |
| Portugal | prt | Número de Identificação Fiscal | nif |
| Portugal | prt | Número de Identificação de Pessoa Coletiva | nipc |
| Qatar | qat | Company/Commercial Registration Number | crn |
| Romania | rou | Cod Unic de Înregistrare | cui |
| Russia | rus | Individual Taxpayer Number | inn |
| Russia | rus | Primary State Registration Number | ogrn |
| Saudi Arabia | sau | Company/Commercial Registration Number | crn |
| Senegal | sen | Numéro d'Identification Nationale des Entreprises et des Associations | ninea |
| Singapore | sgp | Unique Entity Number | uen |
| Slovakia | svk | Identifikačné Číslo Organizácie | ico |
| Slovenia | svn | Matična Številka | maticna |
| South Africa | zaf | Value Added Tax Number | vat |
| South Africa | zaf | Tax Identification Number | tin |
| Sweden | swe | Organisationsnummer | orgnr |
| Thailand | tha | Tax Identification Number | tin |
| Tunisia | tun | Matricule Fiscale | mf |
| Turkey | tur | Vergi Kimlik Numarası | vkn |
| Uganda | uga | Tax Identification Number | tin |
| Ukraine | ukr | ЄДРПОУ (Unified State Register of Enterprises and Organizations of Ukraine) | edrpou |
| United States | usa | Employer Identification Number | ein |
| Uruguay | ury | Registro Único Tributario | rut |
| Uzbekistan | uzb | Individual Taxpayer Number | inn |
| Venezuela | ven | Registro de Información Fiscal | rif |
| Vietnam | vnm | Mã số thuế (Tax Code) | mst |
| Yemen | yem | Tax Identification Number | tin |
| Zambia | zmb | Taxpayer Identification Number | tpin |
| Zimbabwe | zwe | Business Partner Number | bp |