Required Documents for OTCI Purpose

For OTCI service, iSunOne would only onboard qualified high networth individuals (HNWI) and qualified business accounts.  

 

KYC Document for Individual Account

• Passport, state ID, or driver license; 

• Tax ID, the Social Security Number (SSN); 

• Proof of address, such as utility bill or bank statement within the last three months;

• Proof of high networth individual status, such as a financial statement stating the liquid capital excluding the primary residence is more than 1 million USD; 

• Estimated monthly digital dollar transaction volume. 

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KYC Document for Business Account

✓ Basic Business Document 

• Proof of existence, such as: Certificate of Incorporation, Certificate of  Filing, Article of Association;

• Proof of registration, such as: Business Registration;

• Proof of Tax: Employer Identification Number (if US company) or Tax ID (if non-US company); 

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✓ Proof of business bank account: bank statement and/or bank verification letter within the last 3 months, must have USD account and can send and receive USD wire transfer; 

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✓ Shareholder Structure chart showing all shareholders greater than 10%; 

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✓ Information required from major shareholders (specified in above shareholder structure chart), and directors:

• Passport; 

• Phone number and email address;

• SSN (if US person) or Tax ID (if non-US person);

• Residential address proof, such as residential ID; 

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✓ Business information:  

• Business website;

• Control person’s name card, resume, and business email address;

• Type of business operations;

• Purpose of opening digital dollar account;

• Estimated monthly digital dollar transaction volume. 

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Prior to successfully opening a business account, it is highly recommended that the control person meet the iSunOne onboarding team either in person (meet in office or mutually agreed upon location) or with Zoom call. 

 

Please make an appointment before coming.

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Institution account approval timeline:  1~4 weeks