Sub-Account KYC Documents

Learn what verified information you need to send for your Sub-Accounts.

Use the Update account KYC documents service to send KYC documents for a Sub-Account. The file’s content needs to be sent as a Base 64 encoded String.

This service is applicable to Sub-Accounts with a business only. For dLocal Managed implementations, the Sub-Account can also upload his KYC documents using dLocal’s Merchant Dashboard, in which case the integration of this service is not mandatory.

Document types

The information sent by this service will be validated by our compliance team.

Company information

Document TypeDescription
BANK_STATEMENTBank confirmation letter or bank statement (no older than 6 months). Please add a Bank Statement showing a current date where we can identify the account from the company that will be signing the agreement with dLocal and from which dLocal will be processing PayIn and/or PayOuts.
TAX_IDDocument issued by the tax authority showing the tax identificatory number that the company uses for tax filing and reporting purposes.
CERTIFICATE_OF_INCORPORATIONA certificate of incorporation relates to the formation of the company and is usually issued by a government entity. The information in the certificate varies from country to country, but may include the following: (a) type of corporation; (b) name of the corporation, (c) legal address, (d) date when the company was incorporated, (e) public registry where the company was incorporated, etc. Sometimes it can also include information on shareholders.
CERTIFICATE_OF_GOOD_STANDINGThe certificate of Good Standing confirms: (a) continuous unbroken existence since incorporation; (b) all relevant filings have been made; and (c) no action has been taken to strike the company off. Note: If the company has up to 12 months of incorporation is not required.
SECRETARY_OF_STATE_REGISTRATIONUSA ONLY
ARTICLES_OF_ASSOCIATION_BYLAWS_MEMORANDUM_OF_INCORPORATIONPlease add them as applicable. These documents set out the purpose and duration of the company, rights, duties, and responsibilities of shareholders and directors, in addition to rules for governance, administration, representation, and legal domicile.
SOURCE_OF_FUNDS_DECLARATION
OTHER_DOCUMENTCan be used to send additional documentation.

Company activity

Document TypeDescription
COMPANY_AUDITED_FINANCIAL_STATEMENTSFinancial Statements reviewed by an independent professional (i.e., an Auditor) and including a report/opinion.
AML_POLICIESThe policies and procedures the company has in place to prevent and detect money laundering, terrorist financing, bribery and corruption, and sanctions.
INDEPENDENT_REPORT_AMLIndependent report on the effectiveness of AML policies and procedures. This document is required to understand the effectiveness of the compliance framework.
COPY_OF_REGULATORY_LICENSEThis document is required to confirm if the company is operating within the local legal framework.

UBO and directors

Document TypeDescription
OUTLINE_OF_COMPANY_OWNERSHIP_STRUCTUREOutline of the company's ownership structure. A clear corporate ownership structure of the company with full legal names, country of incorporation, % of participation, outlining the ultimate beneficial owners, and signed by the legal representative.
SHAREHOLDERS_REGISTRYA shareholder registry is a document where shareholders' interest in the company is recorded.
DIRECTORS_REGISTRYA director registry is a document that shows the names of the directors appointed by the company to represent it. By law, companies are required to keep this list up to date to remove those directors who are deceased or resigned, and to add those who have been elected by the shareholders.
UBO_COPY_OF_ID_{i}Replace {i} with the index of UBO sent in the KYC documentation service, starting from 1. This document is required to validate the individual's identity.
UBO_PROOF_OF_ADDRESS_{i}Replace {i} with the index of UBO sent in the KYC documentation service, starting from 1. This document is required to validate the individual's country of residence.
DIRECTOR_COPY_OF_ID_{i}Replace {i} with the index of Director sent in the KYC documentation service, starting from 1. This document is required to validate the individual's identity.
DIRECTOR_PROOF_OF_ADDRESS_{i}Replace {i} with the index of Director sent in the KYC documentation service, starting from 1. This document is required to validate the individual's country of residence.

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