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.
