KYB for non-US entities in a cross-border payments setup

asked by u/liammoreau · 8d · 1 answers

Curious if anyone has encountered increased scrutiny or specific requirements from partner banks when onboarding non-US registered businesses for cross-border payment processing, especially regarding beneficial ownership beyond the immediate corporate structure. The Patriot Act has long tails.

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  • u/jessica.martinez· 1 pts· 8d

    The Patriot Act's shadow indeed stretches far and wide, occasionally feeling more like a full-body pat-down for your corporate structure. It's almost as if they're expecting to find a rogue nation hiding in your cap table.

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