KYC verification of regulated trusts (AUS)
Use this API call to perform KYC verification of regulated trusts.
Parameters
| Name | Type | Description |
|---|---|---|
country (required) | string | AUS |
abn (required) | string | ARSN or ABN (9 or 11 digits). The Australian Registered Scheme Number (ARSN) is a unique, nine-digit number issued by the Australian Securities and Investments Commission (ASIC) to registered managed investment schemes in Australia. The Australian Business Number (ABN) is an 11-digit unique identifier issued by the Australian Business Register (ABR) to businesses and organisations operating in Australia. |
name (required) | string | |
regulatedTrustType (required) | string | asic / mis / regulatedUnderCommonwealthStatutoryRegulator / governmentSuperannuationFund |
businessNameTrustee | string |
regulatedTrustTypes options
| Option | Description |
|---|---|
asic | Registered Managed Investment Scheme |
mis | Unregistered Managed Investment Scheme |
regulatedUnderCommonwealthStatutoryRegulator | Regulated under a Commonwealth statutory regulator |
governmentSuperannuationFund | Government Superannuation Fund |
Stakeholder types
| Name | Type | Note |
|---|---|---|
trustee (required) | individual, privateCompany, publicCompany, governmentBody |
Note on submitting stakeholders
For each company, the same individual can hold multiple stakeholder roles. For example, in a company, a person can be both a director and a shareholder. We strongly recommend submitting an individual in only one stakeholder role. If there is a specific role that must be included (i.e., is required), submit the individual in that role to avoid running multiple KYCs (identity verifications) for the same person within a single KYB, which would be redundant. This is a cost-effective approach. For instance, if John ok Citizen is both a director and shareholder of MY COMPANY, submit John ok Citizen as either a director or a shareholder, but not both. This will prevent duplicate charges for verification. Even if the individual is submitted under one role, bronID will map any additional relevant roles in the background and include them in the documentation.
Tags
You can add tags to your verification requests to help you organise your verifications by using the metadata_tags parameter. Read more about tags here.
Note on uploading documents: base64 encoded uploads must be submitted as a Data URI (with data format prefix). Example PDF format:
data:application/pdf;base64,JVBERi0xLjUKJYCBgoMKMSAwIG9i...
Runnable example
// api endpoint
const apiEndpoint = 'https://dev.bronid.com/verify';
// request body
const data = {
"metadata_version": "4",
"metadata_serviceUid": "XL7ULiU6B4QE9Y2iWFZnhtMDKFN2",
"metadata_secretKey": "api_sec_NJAtNcRtUrPlf7xYDrMNP9URI-ZfN314",
"metadata_userId": "yourUniqueUserId",
"metadata_tags": ["product1", "client1"],
"type": "regulatedTrust",
"fields": {
"country": "AUS",
"abn": "16123456789",
"name": "My Regulated Trust",
"regulatedTrustType": "governmentSuperannuationFund",
"businessNameTrustee": "Business name of the trustee"
},
"stakeholders": [
{
"type": "individual",
"role": "trustee",
"fields": {
"firstName": "Dave",
"middleName": "ok",
"lastName": "Citizen",
"gender": "male",
"dateOfBirth": "20/12/1982",
"unitNumber": "1",
"streetNumber": "95",
"streetName": "Lennox",
"streetType": "Street",
"suburb": "CASINO",
"postcode": "2470",
"state": "NSW",
"email": "email@gmail.com",
"country": "AUS"
}
}
]
};
try {
const response = await fetch(apiEndpoint, {
method: 'POST',
headers: {
'Content-Type': 'application/json',
},
body: JSON.stringify(data),
});
if (!response.ok) {
const errorData = await response.json();
console.log('error! click the results to expand them');
console.log(JSON.stringify(errorData, null, 2));
} else {
const result = await response.json();
const printResult = 'bronId API response: ' + JSON.stringify(result, null, 2);
console.log(printResult);
}
} catch (error) {
console.log('Fetch error: ', error);
}