Overview

The Airwallex KYC (Know Your Customer) flow helps you complete the necessary verification to activate your Business Account wallet for entities registered in the British Virgin Islands (BVI), Cayman Islands, Hong Kong, and Singapore. This guided process collects your business details, verifies your identity, and ensures compliance with local and international standards — all in one convenient flow.

🚀 Key Takeaway: Complete your KYC in one streamlined, secure, and compliant process — with live ID verification to satisfy regulatory requirements and avoid unnecessary back-and-forth

Key Features & Capabilities

🔍 Step-by-Step Guidance

Guided workflows to facilitate structured KYC data collection.
Inline explanations provide clarity and ensure completeness.

📊 Transparent Progress

Monitor your progress as you move through the KYC process.
Ability to save and continue later if needed.

⚡ Live ID Verification (Onfido)

Integrated identity check using Onfido ensures compliance with international standards.
Complete live identity verification in seconds using your passport or ID on your mobile device.

🔒 Security & Compliance

Your data is encrypted and processed securely, meeting global KYC/AML requirements.
Ensures your business can operate confidently and compliantly.

How It Works (Step-by-Step Guide)

What You Need Before You Start:

📄 Business Documents & Information:

Business registration number & legal entity name
Registered office & principal business address
Supporting documents (e.g., partnership deed or equivalent)
Business website(s), if any
Estimated monthly turnover
Details of all beneficial owners (≥25% ownership) and directors
Government-issued ID (passport or national ID) for live verification

KYC Flow Walkthrough:

Step 1: Select Jurisdiction & Start

Select the appropriate jurisdiction of your business (e.g., British Virgin Islands, Cayman Islands, Hong Kong, or Singapore) from the Business registered in field.
Click Get Started.

Step 2: Enter Business Details

Select your entity type and enter your business registration number.

Confirm the retrieved business information (name, formation date, address).

Step 3: Provide Business Address & Trading Names

Enter the full registered office address, principal place of business, and optional trading names.

Step 4: Upload Supporting Documents

Upload your partnership agreement/deed or use the provided template if necessary.
Supported formats: PDF, Word, JPG, PNG, BMP (max 20MB).

Step 5: Complete Business Profile

Select your main and additional industries.

Describe your products/services clearly.

Add website links (or indicate if none).

Select your estimated monthly turnover.

Specify up to 5 countries where your business is conducted in.

Step 6: Add Business Owners & Directors

List all beneficial owners (≥25% ownership) and directors.
Indicate if shares are held on behalf of a third party.
Identify yourself among the listed individuals.

Submitting the KYC Form:

Step 7: Complete ID Verification (Onfido)

Provide your personal details: name, DOB, nationality, ID type.
Upload your government-issued ID.
Scan the on-screen QR code with your mobile device to start the Onfido live verification.
Follow the prompts to take a selfie and photo of your ID in a well-lit area.

Step 8: Final Review & Submission

Review all business, owner, and document details provided on the summary page.
Upload any additional requested documents.
Check the box to confirm your authority and the accuracy of the information.
Click Submit.
A confirmation message will appear once your submission is successful.

Summary

The Business Account KYC Flow reflects Vistra’s commitment to compliance and security. Clients can meet regulatory obligations with confidence through a guided, secure process — from business details to live ID verification.