Business
Onboarding Requirements
Stables requires the following information for standard business onboarding:
- Company name
- Country (company country of registration)
- Registration number
- Legal address (street address, city, postal code, province/state, country)
- Date of incorporation (YYYY-MM-DD)
- Company type
- Phone
- Tax ID
- Registration location (e.g. state for USA)
- Website
- At least one company registration document (e.g. information statement, incorporation certificate)
- Beneficiaries (UBOs, shareholders, directors)
- For each UBO (and any other individual beneficiary), the individual onboarding requirements apply. Refer to the individual onboarding requirements document for the required fields.
Business Questionnaire
In addition to the fields above, the following questionnaire fields are accepted as part of the business verification request:
| Field | Type | Description |
|---|---|---|
describe_business | string | A description of the business and its activities. |
conduct_money_services | boolean | Whether the business conducts money services. If true, describe_money_services is also required. |
describe_money_services | string | Description of money services conducted. Required if conduct_money_services is true. |
describe_compliance_controls | string | Description of the business's compliance controls. |
source_of_funds | enum | Source of funds. See Source of Funds values below. |
source_of_funds_description | string | Description of where the business funds come from. |
account_purpose | enum | Intended use of the Stables account. See Account Purpose values below. |
account_purpose_other | string | Required if account_purpose is OTHER. |
expected_annual_revenue | enum | Estimated annual revenue in USD. See Annual Revenue values below. |
expected_monthly_payments | string | Expected monthly payment volume through Stables in USD (numeric string, e.g. "50000"). |
operate_in_prohibited_country | boolean | Whether the business operates in any prohibited countries. |
does_your_business_engage_in_high_risk_activities | "yes" | "no" | Whether the business engages in any high-risk activities. |
high_risk_activities | array | Required if does_your_business_engage_in_high_risk_activities is "yes". See High Risk Activity values below. |
accept_terms | boolean | Acceptance of Stables' terms of service and privacy policy. |
bank_statement_file_data | string | Optional bank statement as a base64 data URL (e.g. data:application/pdf;base64,...). |
flow_of_funds_file_data | string | Flow of funds document as a base64 data URL. Required if conduct_money_services is true. |
Source of Funds values
| Value | Description |
|---|---|
BUSINESS_LOANS | Business loans |
GRANTS | Grants |
INTER_COMPANY_FUNDS | Inter-company funds |
INVESTMENT_PROCEEDS | Investment proceeds |
LEGAL_SETTLEMENT | Legal settlement |
OWNERS_CAPITAL | Owner's capital |
PENSION_RETIREMENT | Pension / retirement |
SALE_OF_ASSETS | Sale of assets |
SALES_OF_GOODS_AND_SERVICES | Sales of goods and services |
THIRD_PARTY_FUNDS | Third-party funds |
TREASURY_RESERVES | Treasury reserves |
Account Purpose values
| Value | Description |
|---|---|
CHARITABLE_DONATIONS | Charitable donations |
ECOMMERCE_RETAIL_PAYMENTS | E-commerce / retail payments |
INVESTMENT_PURPOSES | Investment purposes |
PAYMENTS_TO_FRIENDS_OR_FAMILY_ABROAD | Payments to friends or family abroad |
PAYROLL | Payroll |
PERSONAL_OR_LIVING_EXPENSES | Personal or living expenses |
PROTECT_WEALTH | Protect wealth |
PURCHASE_GOODS_AND_SERVICES | Purchase goods and services |
RECEIVE_PAYMENTS_FOR_GOODS_AND_SERVICES | Receive payments for goods and services |
TAX_OPTIMIZATION | Tax optimization |
THIRD_PARTY_MONEY_TRANSMISSION | Third-party money transmission |
TREASURY_MANAGEMENT | Treasury management |
OTHER | Other (requires account_purpose_other) |
Annual Revenue values
| Value | USD Range |
|---|---|
0_99999 | Under $100,000 |
100000_999999 | $100,000 – $999,999 |
1000000_9999999 | $1,000,000 – $9,999,999 |
10000000_49999999 | $10,000,000 – $49,999,999 |
50000000_249999999 | $50,000,000 – $249,999,999 |
250000000_plus | $250,000,000 and above |
High Risk Activity values
| Value | Description |
|---|---|
ADULT_ENTERTAINMENT | Adult entertainment |
GAMBLING | Gambling |
HOLD_CLIENT_FUNDS | Holding client funds |
INVESTMENT_SERVICES | Investment services |
LENDING_BANKING | Lending / banking |
MARIJUANA_OR_RELATED_SERVICES | Marijuana or related services |
MONEY_SERVICES | Money services |
NICOTINE_TOBACCO_OR_RELATED_SERVICES | Nicotine, tobacco, or related services |
OPERATE_FOREIGN_EXCHANGE_VIRTUAL_CURRENCIES_BROKERAGE_OTC | Foreign exchange / virtual currency brokerage / OTC |
PHARMACEUTICALS | Pharmaceuticals |
PRECIOUS_METALS_PRECIOUS_STONES_JEWELRY | Precious metals, stones, or jewelry |
SAFE_DEPOSIT_BOX_RENTALS | Safe deposit box rentals |
THIRD_PARTY_PAYMENT_PROCESSING | Third-party payment processing |
WEAPONS_FIREARMS_AND_EXPLOSIVES | Weapons, firearms, and explosives |