Customer Data Requirements

Due to regulatory requirements, Unit clients are required to collect and provide additional information on their end customers. Accounts of customers which are still missing data by 12/15/2023 will be closed, and you will no longer be able to provide financial services to them.

Data Requirements

All end customers must fill the data requirements. While a large majority of customers have already provided that information, some have not.

There are 2 types of data that you need to collect:

1. Required fields for all customers.
2. Required fields for "enhanced due dilligence" customers.

Enhanced Due Dilligence Customers

• Individuals or Sole proprietors that used a passport to apply.
• Businesses that have an officer or a beneficial owner that used a passport to apply.

Individuals (Consumers)

All	Enhanced Due Dilligence Customers
Occupation	Annual Income
	Source Of Income

Sole Proprietors

All	Enhanced Due Dilligence Customers
Business Vertical	Annual Revenue
Website	Number Of Employees

Businesses

Business Info

All	Enhanced Due Dilligence Customers
Business Vertical	Annual Revenue
Website	Number Of Employees
Year Of Incorporation	Countries Of Operation
	Cash Flow

Officer & Beneficial Owner Info

If the business is required to go through "Enhanced Due Dilligence", the following data points need to be collected for all officers and beneficial owners.

• Occupation
• Annual Income
• Source Of Income

Providing Missing Customer Data

Note

Unit highly recommends that you use the white label data collector provided by Unit to minimize the engineering investment and reduce the risk of mistakes in collecting and submitting the data.

There are 2 ways in which you can provide missing customer data to Unit (and through Unit, to your partner bank).

• White Label Data collector: Unit provides a white-label form that will collect the missing data per customer. The form can be embedded into your application, or sent to your end customers via email, as a link. The data provided by the end customer will be sent directly to Unit and made available to you via the API/Dashboard.
• API calls: You can choose to build the functionality to collect the data from the customers on your own and submit it to Unit using an API.
  • Update Individual Application
  • Update Sole Proprietor Application
  • Business customers:
    • Update Business Application
    • Update Business Officer
    • Update Beneficial Owners

White-Label Data Collector

Unit provides an API endpoint that will receive a customerId, and return:

• An indication whether any data collection is required for the customer ID
• A URL of a customizable form that can be presented to the customer in an iframe. If no data is needed for the customer, the field will not exist.

Implementation

You will need to call the API to receive a data collector URL for each customer. If the customer's missing data, a URL will be generated. The URL can be sent via email as a link or embedded into your app. If the customer is not missing any data, a URL will not be returned.

Request:

curl -X POST 'https://api.s.unit.sh/data-collection/customer/10002'
-H 'Content-Type: application/vnd.api+json'
-H 'Authorization: Bearer ${TOKEN}'
--data-raw '{
  "data": {
    "type": "dataCollection",
    "attributes": {
      "lang": "en" // for Spanish, please choose "es"
    }
  }
}

Sample response (data collection required):

{
    "data": {
        "type": "dataCollection",
        "attributes": {
            "isRequired": true,
            "url": "http://<your_domain>/DB2Y3CNSVWMN4U6FIVWR4BZ375R2WUEM4CY32C3CYGGICFJPMWDRYF3MKXKB2TXWSWUNH63T3BTSUWDOZCUCMGMLYWSCFC33NOFJT42KS6UADGQOJOHWME2J372JEXIXMBAZU3HYYCXP324PXWUJD272EGC6G"
        }
    }
}

Sample response (no data collection required)

{
    "data": {
        "type": "dataCollection",
        "attributes": {
            "isRequired": false
        }
    }
}

Customization Options

You will be able to control the following parameters through the application form settings page of the Unit dashboard.

• Domain name - Recommended (Instructions)
• Logo - Recommended
• Favicon - Optional
• CSS - Optional