Know Your Business (KYB) is the process a regulated provider runs to verify a company before opening an account — confirming it legally exists, understanding who owns and controls it, and assessing what it actually does.
Financial institutions are generally required by anti-money-laundering regulation to know who their business customers are — KYB is how that obligation is discharged. It's not something a provider does to be difficult; it's a condition of the provider's own licence.
Initial KYB happens during onboarding, based on the documents and information a company provides.
Providers periodically refresh KYB — requesting updated documents or clarifying changes in ownership or activity — for as long as the account is open.
A simple, low-risk profile generally faces lighter ongoing review than a complex structure or higher-risk activity.
A company can't opt out of KYB with a regulated provider — it's how the provider itself stays compliant.
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.
No — providers typically refresh it periodically for as long as the account stays open.
No — any regulated bank, EMI or payment institution is required to run some form of KYB; the depth and frequency vary, but the obligation doesn't disappear.
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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