All Utopia customers are required to go through both the core + enhanced requirements for USDC bank transfers.
1. Core Requirements
Business documents
- Entity Name
- Principal Operating Address
- EIN/TIN
- List of all Beneficial Owners (25%+ ownership) and a Control Owner (if different than Beneficial Owners)
Beneficial Owner and Control Owner documents
Core KYC Requirements
Customers can move funds after successfully submitting the below information.
Core requirements
- First and last name
- Street address
- City
- Postal code
- State
- Date of birth
- SSN
Enhanced requirements
- ID verification
- Corporate documents demonstrating Beneficial Owners' ownership and Control Owner's control
2. Enhanced Requirements
Business documents
- Company formation documents (copy of filed/stamped)
- Website or other business-controlled internet site(s)
Beneficial Owner and Control Owner documents
Enhanced KYC requirements
Customers can move funds after successfully submitting the below information.
Core requirements
- First and last name
- Street address
- City
- Postal code
- State
- Date of birth
- SSN
Enhanced requirements
- ID verification