KYC verification of unregulated trusts (AUS)

Use this API call to perform KYC verification of unregulated trusts.

Parameters

NameTypeDescription
country
(required)
stringAUS
name
(required)
string
abn
string11 digits
unRegulatedTrustType
(required)
stringfamilyTrust / charitableTrust / testamentaryTrust / unitTrust / otherType
registeredOfficeRequired
(required)
stringaddress
trustDeed
(required)
stringbase64 Data URI (JPG/PNG/PDF)
stakeholders
(required)
arraybeneficiaries / trustee (*) / settlors

unRegulatedTrustTypes options

OptionDescription
familyTrust
Family Trust
charitableTrust
Charitable Trust
testamentaryTrust
Testamentary Trust
unitTrust
Unit Trust
otherType
Other Type

Stakeholder types

NameTypeNote
beneficiaries
individualIndividuals who directly or indirectly own 25% or more of the entity, or are entitled to 25% or more of the income or assets of the entity.
trustee
(required)
individual, privateCompany, publicCompany, governmentBody
settlors
individual

Note on submitting stakeholders

For each trust, the same individual can hold multiple stakeholder roles. For example, in a trust, a person can be both a trustee and a beneficiary. 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), such as trustee, 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 trustee and beneficiary of MY TRUST, submit John ok Citizen as a trustee, as this role is required to be submitted, rather than as 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 kycData = { "metadata_version": "4", "metadata_serviceUid": "XL7ULiU6B4QE9Y2iWFZnhtMDKFN2", "metadata_secretKey": "api_sec_NJAtNcRtUrPlf7xYDrMNP9URI-ZfN314", "metadata_userId": "yourUniqueUserId", "metadata_tags": ["product1", "client1"], "type": "unRegulatedTrust", "fields": { "country": "AUS", "name": "My Unregulated Trust", "abn": "16123456789", "unRegulatedTrustType": "familyTrust", "registeredOfficeRequired": "125 York Street, SYDNEY NSW 2000", "trustDeed": "data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAUAAAAFCAYAAACNbyblAAAAHElEQVQI12P4//8/w38GIAXDIBKE0DHxgljNBAAO9TXL0Y4OHwAAAABJRU5ErkJggg==" }, "stakeholders": [ { "type": "individual", "role": "beneficiaries", "fields": { "firstName": "Jane", "middleName": "ok", "lastName": "Citizen", "gender": "female", "dateOfBirth": "20/12/1982", "unitNumber": "1", "streetNumber": "95", "streetName": "Lennox", "streetType": "Street", "suburb": "CASINO", "postcode": "2470", "state": "NSW", "email": "email@gmail.com", "country": "AUS" } }, { "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" } } ] }; console.log('Running request...') // submit the KYC data to the bronID API const bronIdResult = await axios .post(apiEndpoint, kycData) .then(res => { return res.data; }) .catch(error => { console.log('error! click the results to expand them'); console.log(JSON.stringify(error.response.data, null, 2)); }) const printResult = 'bronId API response: ' + JSON.stringify(bronIdResult, null, 2); // Click “▶ run” to try this code live and run your first KYC.