The Direct Accreditation Button is an automated solution for verifying your investors’ accredited status. It’s a seamless and customizable microportal that can be placed on any web page for your Reg D offering.
Your investors can verify their identity and submit their verification documents in one sitting. Additionally, the Direct Accreditation Button conducts Know Your Customer and Anti-Money Laundering verification to qualify your investors.
Frequently Asked Questions
Who is approving the accredited statuses?
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.
How many questions does the user have to answer correctly in order to automatically pass the KYC check?
The user must answer three of the five generated questions correctly in order to automatically pass KYC.
Is there a maximum number of times that I can run KYC/AML checks on the same Party?
Yes. You may only run KYC/AML checks on the same party three times within a 24 hour period.