KYC
Identify the company or the person. Registry or passport, address, and the person who may sign. Without this step there is no file.
The window
The window does four things. It identifies the client, it screens the file, it may audit again, and only then it admits an investment.
Identify the company or the person. Registry or passport, address, and the person who may sign. Without this step there is no file.
Sanctions, politically exposed persons, source of funds, source of wealth. A hit is followed by another question. No reply, and admission does not open.
The window may open the file again: a further document, a wallet path, remote or on site. Acceptance is not a permanent pass.
A mandate is offered only to a named company or a named private individual. It does not promise yield, principal, or an instant payment.
If a file is to leave Hong Kong, the owners, the source of funds, and dual control must already sit on that same file.
TF Bank window license for the myXRP lane. Accreditation on that lane is conducted with W Holding.