Overview
At HyperRail, a thorough verification process is mandatory to ensure compliance with regulatory standards and platform policies.This process covers Business Verification (KYB) and Anti-Money Laundering (AML) checks for all merchants and liquidity providers.
KYB Verification (Know Your Business)
All registered entities must complete KYB to confirm company legitimacy and the authority of its representatives. Required Details:- Company Registration Number: Include supporting documents (e.g., Certificate of Incorporation)
- Tax ID: Provide a valid Tax ID and supporting documents (Examples: EIN, VAT, GSTIN)
- Director/Owner Information: Details of all directors or owners as per local laws
Additional Information
Our compliance team may request additional documents or clarifications from time to time.Failure to provide these may result in temporary restrictions on transactions or payouts, but won’t block your account entirely.
Timeline & Support
- Typical verification time: 1–3 business days (excluding weekends and public holidays)
- Support: Contact [email protected] for assistance
Resubmission of Documents
If any issues arise with your initial submission, HyperRail will notify you via email with instructions to resubmit documents. When resubmission is needed:- Missing or incomplete essential details (business name, registration numbers, etc.)
- Document mismatch with provided information
- Unreadable, illegible, or expired documents
- Additional clarification requested by the compliance team
Key Notes
- Verification is required before performing on-ramp/off-ramp or FX transactions
- Ensure all documents are clear, legible, and valid
- Resubmissions are reviewed promptly to minimize downtime