FAQs

What is an accredited investor?

In the United States, the definition of accredited investor is described by the SEC in Rule 501 of Regulation D.

How do I test Accreditation Verification in the TransactAPI Sandbox environment?

To test in the sandbox environment, follow the instructions on this page.

Who is approving the Accredited status?

As a registered broker dealer, North Capital Private Securities is an authorized third party to approve accreditation statuses. A Registered Principal of NCPS reviews each request and when approved, provides a response via API with an approval status along with a letter from NCPS approving the investor’s accreditation status.

How much does accreditation verification cost?

NCPS charges $25 per check.

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