A UBO (ultimate beneficial owner) is the real individual who ultimately owns or controls a company, even through layers of intermediate entities. Providers need to identify UBOs as part of standard anti-money-laundering compliance.
When a company is owned by another company, which is in turn owned by a third, the UBO is the real person at the top of that chain — providers trace through intermediate entities rather than stopping at the first corporate shareholder.
Most jurisdictions define a UBO by an ownership or voting-rights threshold (commonly around 25%), though the exact figure varies by country.
Someone with the right to appoint directors or otherwise control the company can be a UBO even below the ownership threshold.
A company with several qualifying owners simply lists all of them — this doesn't complicate review beyond the extra disclosure itself.
Providers expect to see the full chain to the real individual, not just the immediate corporate shareholder.
Tell us about your structure, activity and payment needs — the essentials, not a full application.
We assess the structure and requirements against what providers typically accept before recommending a direction.
We identify a suitable regulated provider and explain what is realistically available for your case.
You complete official KYC/KYB directly with the regulated financial provider — not with Latynex.
The provider makes the final decision and activates the account. We stay involved if anything needs coordinating.
Latynex is not a bank or electronic money institution. Financial accounts and payment services are provided by independent, regulated financial institutions. Final eligibility and approval are determined by the selected provider, following its own KYC/KYB review.
It varies by jurisdiction, but a threshold around 25% ownership or voting rights is common — control-based tests can also apply below that.
In almost all cases, yes — the concept exists specifically to identify the real individual(s) behind any corporate ownership structure.
No. Latynex is not a bank, EMI or payment institution. We review your case and, where suitable, introduce it to an independent, regulated financial provider who handles the account itself.
No. No introducer can guarantee a banking or payment-account decision. The provider you are introduced to runs its own KYC/KYB review and makes the final call under its own policies.
Typically: certificate of incorporation, register of directors and shareholders, proof of UBO identity and address, a description of business activity, and evidence of source of funds. Exact requirements vary by provider.
Setup and ongoing fees vary with jurisdiction, ownership structure, business activity, expected turnover and compliance profile. The provider discloses its fees before you proceed, and any Latynex advisory fee is disclosed separately.
No obligation — we review your case and respond with a straight answer.
Tell us about your company and payment needs — we review the case and point you to a provider genuinely suited to it.
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