diff --git a/mintlify/snippets/external-accounts.mdx b/mintlify/snippets/external-accounts.mdx index 5a36eda0..f56440bb 100644 --- a/mintlify/snippets/external-accounts.mdx +++ b/mintlify/snippets/external-accounts.mdx @@ -879,7 +879,7 @@ For business accounts, include business information: ## Minimum required beneficiary fields -The following table shows the minimum required fields for individual and business beneficiaries by country. All other fields are optional but recommended for faster compliance review. +The following tables show the minimum required fields for individual and business beneficiaries. All other fields are optional but recommended for faster compliance review. ### Individual beneficiaries @@ -896,6 +896,26 @@ The following table shows the minimum required fields for individual and busines While only the fields listed above are strictly required, providing additional information like `birthDate`, `nationality`, and `address` can reduce the likelihood of false positive compliance checks and increase transaction success rates. +### Business beneficiaries + +For business beneficiaries, the required fields vary by destination currency: + +| Currency | Required fields | +| --- | --- | +| USD | `legalName`, `address` | +| MXN | `legalName`, `address` | +| EUR | `legalName`, `address`, `registrationNumber` | +| GBP, INR, BRL, DKK, PHP, HKD, IDR, MYR, SGD, THB, VND, AED | `legalName`, `address` | +| NGN, ZAR, KES, TZS, RWF, ZMW, UGX, BWP, MWK, XOF, XAF | `legalName`, `address`, `registrationNumber`, `taxId` | + + + When sending to GBP, INR, BRL, DKK, PHP, HKD, IDR, MYR, SGD, THB, VND, or AED, business senders (originators) must also provide `registrationNumber`. + + + + `registrationNumber` is the business's official registration or incorporation number (e.g., EIN in the US, CNPJ in Brazil, company registration number in the UK). `taxId` is the business's tax identification number where it differs from the registration number. + + ## Account status Beneficiary data may be reviewed for risk and compliance. Only `ACTIVE` accounts can receive payments. Updates to account data may trigger account re-review.