> ## Documentation Index
> Fetch the complete documentation index at: https://docs.mnai.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Information we collect

> The business, ownership, and document information collected when opening a Meridian Account for a business (KYB).

When a business opens a Meridian Account, Meridian collects the information below for Know Your Business (KYB) verification. All information is subject to independent verification, and Meridian may request additional documentation at any time.

<Note>
  **This list can change.** KYB requirements are collected dynamically through onboarding and may be added to, adjusted, or supplemented with additional documentation requests as compliance requirements evolve — so this page may not always reflect the exact current set. Always treat the onboarding flow and the account opening form provided by Meridian as the authoritative source.
</Note>

## Business information

| Field                          | Field Name                      | Type           | Required | Notes                                                                           |
| :----------------------------- | :------------------------------ | :------------- | :------- | :------------------------------------------------------------------------------ |
| Legal name of entity           | `legalName`                     | String(150)    | Yes      | Exactly as it appears on formation documents                                    |
| Trade name / DBA               | `displayName`                   | String(150)    | No       |                                                                                 |
| Tax ID number                  | `taxNumber`                     | String(50)     | Yes      |                                                                                 |
| Business registration number   | `registrationNumber`            | String(50)     | Yes      |                                                                                 |
| Business email                 | `email`                         | String(150)    | Yes      |                                                                                 |
| Date of formation              | `incorporationDate`             | Date           | Yes      | Optional if retrievable from the proof of incorporation                         |
| Description of business        | `description`                   | String(700)    | Yes      |                                                                                 |
| Business vertical              | `businessVertical`              | String (enum)  | Yes      | Industry category classification — see Business vertical values below           |
| Website URL                    | `websiteUrl`                    | String         | Yes      |                                                                                 |
| Industry                       | `industry`                      | String(150)    | Yes      |                                                                                 |
| Business type                  | `businessType`                  | String (enum)  | Yes      | Legal entity type — see Business type values below                              |
| Proof of business registration | `business_registration_proof`   | Document (PDF) | Yes      |                                                                                 |
| Proof of business address      | `business_address_proof`        | Document (PDF) | Yes      |                                                                                 |
| Proof of business identity     | `business_identity_proof`       | Document (PDF) | Yes      |                                                                                 |
| Ownership chart                | `business_article_of_ownership` | Document (PDF) | Yes      | Showing all direct and indirect owners, including percentage held at each level |

<Accordion title="Business type values">
  * `BENEFIT_CORPORATION`
  * `CLOSELY_HELD_CORPORATION`
  * `COOPERATIVE`
  * `CORPORATION`
  * `GENERAL_PARTNERSHIP`
  * `LIMITED_LIABILITY_COMPANY`
  * `LIMITED_PARTNERSHIP`
  * `NONPROFIT_CORPORATION`
  * `NON_US_ENTITY`
  * `SMALL_BUSINESS_CORPORATION`
  * `SOLE_PROPRIETORSHIP`
</Accordion>

<Accordion title="Business vertical values">
  * `ECOMMERCE_AUTOMOBILES_AUTOMOBILE_PARTS_TOOLS_ACCESSORIES_AND_EQUIPMENT`
  * `ECOMMERCE_B2B_OTHERS_MEDICAL_DENTAL_OPHTHALMIC_AND_HOSPITAL_EQUIPMENT_AND_SUPPLIES_AND_PPE`
  * `ECOMMERCE_BUILDING_AND_CONSTRUCTION_MATERIALS_GENERAL`
  * `ECOMMERCE_EQUIPMENT_TOOL_FURNITURE_AND_APPLIANCE_RENTAL_AND_LEASING`
  * `ECOMMERCE_FOOD_AND_NON_ALCOHOL_DRINKS_GROCERY_AND_SUPERMARKETS`
  * `ECOMMERCE_GENERAL_MERCHANDISE`
  * `ECOMMERCE_WOMEN_FASHION`
  * `FINANCIAL_SERVICE_FUND_WEALTH_MANAGEMENT_AND_INVESTMENT_HOLDING`
  * `OTHERS`
  * `PROFESSIONAL_SERVICES_DETECTIVE_AGENCIES_PROTECTIVE_SERVICES_AND_SECURITY_SERVICES_INCLUDING_ARMORED_CARS_AND_GUARD_DOGS`
  * `PROFESSIONAL_SERVICES_EMPLOYMENT_AGENCIES_AND_TEMPORARY_HELP_SERVICES`
  * `PROFESSIONAL_SERVICE_CONSULTING_AND_COACHING`
  * `PROFESSIONAL_SERVICE_DESIGN_AND_ARCHITECTURE`
  * `PROFESSIONAL_SERVICE_REAL_ESTATE_SALES_AND_BROKERAGE`
</Accordion>

## Business address

This structure applies to two separate requirement areas: `registered_address` (the entity's legal/formation address) and `operating_address` (where the business actually operates).

| Field            | Field Name      | Type        | Required | Notes                             |
| :--------------- | :-------------- | :---------- | :------- | :-------------------------------- |
| Address line 1   | `addressLine1`  | String(150) | Yes      |                                   |
| Address line 2   | `addressLine2`  | String(150) | No       |                                   |
| City             | `city`          | String(50)  | Yes      |                                   |
| State / province | `stateProvince` | String(50)  | Yes      |                                   |
| Postal code      | `postalCode`    | String(10)  | Yes      |                                   |
| Country code     | `countryCode`   | String(2)   | Yes      | ISO 3166 country code (e.g. `US`) |

## Ownership

Ownership and control are captured through two separate requirement areas: `associated_persons` covers everyone connected to the business (control persons, directors, signers, admins, shareholders, and beneficial owners), while `beneficial_owners` is a separate, more detailed collection specifically for owners meeting the 25% ownership threshold.

### Associated persons

Every individual connected to the business is submitted as one entry in this collection, tagged with one or more roles — see Associated person roles below.

| Field                    | Field Name                             | Type           | Required | Notes                                             |
| :----------------------- | :------------------------------------- | :------------- | :------- | :------------------------------------------------ |
| Roles                    | `roles`                                | Array (enum)   | Yes      | See Associated person roles below                 |
| Title                    | `title`                                | String(150)    | No       | e.g. "CEO"                                        |
| Ownership percentage     | `ownershipPercentage`                  | Integer        | Yes      |                                                   |
| First name               | `person.firstName`                     | String(150)    | Yes      |                                                   |
| Last name                | `person.lastName`                      | String(150)    | Yes      |                                                   |
| Date of birth            | `person.dateOfBirth`                   | Date           | Yes      |                                                   |
| Citizenship              | `person.citizenship`                   | String(2)      | Yes      |                                                   |
| Email                    | `person.email`                         | String         | Yes      |                                                   |
| Phone number             | `person.phoneNumber`                   | String(50)     | Yes      |                                                   |
| Tax number               | `person.taxNumber`                     | String(50)     | Yes      |                                                   |
| Address line 1           | `person.physicalAddress.addressLine1`  | String(150)    | Yes      |                                                   |
| Address line 2           | `person.physicalAddress.addressLine2`  | String(150)    | No       |                                                   |
| City                     | `person.physicalAddress.city`          | String(50)     | Yes      |                                                   |
| State / province         | `person.physicalAddress.stateProvince` | String(50)     | Yes      |                                                   |
| Postal code              | `person.physicalAddress.postalCode`    | String(10)     | Yes      |                                                   |
| Country code             | `person.physicalAddress.countryCode`   | String(2)      | Yes      | ISO 3166 country code (e.g. `US`)                 |
| Passport                 | `passport`                             | Document       | No       | Either this or both driver's license images below |
| Driver's license (front) | `drivers_license_front`                | Document       | No       |                                                   |
| Driver's license (back)  | `drivers_license_back`                 | Document       | No       |                                                   |
| Proof of address         | `address_proof`                        | Document (PDF) | Yes      |                                                   |

<Accordion title="Associated person roles">
  * `ADMIN`
  * `BENEFICIAL_OWNER`
  * `BUSINESS_ADMIN`
  * `BUSINESS_CONTROLLER`
  * `CONTROL_PERSON`
  * `DIRECTOR`
  * `REPRESENTATIVE`
  * `SHAREHOLDER`
  * `SIGNER`
</Accordion>

<Note>
  **At least one associated person must include the `SIGNER` role.** This is enforced as a collection-level rule, not on any individual field.
</Note>

### Beneficial owners

A separate collection specifically for owners meeting the 25% or more ownership threshold.

| Field                      | Field Name                | Type           | Required | Notes                             |
| :------------------------- | :------------------------ | :------------- | :------- | :-------------------------------- |
| Full name                  | `fullName`                | String(250)    | Yes      |                                   |
| Ownership percentage       | `ownershipPercentage`     | Number         | Yes      | 25–100                            |
| Nationality                | `nationality`             | String(150)    | Yes      |                                   |
| Date of birth              | `dateOfBirth`             | Date           | Yes      |                                   |
| Roles                      | `roles`                   | Array (enum)   | Yes      | See Beneficial owner roles below  |
| Address line 1             | `address.addressLine1`    | String(150)    | Yes      |                                   |
| Address line 2             | `address.addressLine2`    | String(150)    | No       |                                   |
| City                       | `address.city`            | String(50)     | Yes      |                                   |
| State / province           | `address.stateProvince`   | String(50)     | Yes      |                                   |
| Postal code                | `address.postalCode`      | String(10)     | Yes      |                                   |
| Country code               | `address.countryCode`     | String(2)      | Yes      | ISO 3166 country code (e.g. `US`) |
| Government ID              | `government_id`           | Document       | Yes      |                                   |
| Proof of business identity | `business_identity_proof` | Document (PDF) | Yes      |                                   |
| Proof of business address  | `business_address_proof`  | Document (PDF) | Yes      |                                   |

<Accordion title="Beneficial owner roles">
  * `AUTHORISED_REPRESENTATIVE`
  * `DIRECTOR`
  * `OTHER`
  * `SHAREHOLDER`
</Accordion>

<Note>
  **PEP disclosure.** Whether any Politically Exposed Persons (PEPs) are among the entity's shareholders, owners, directors, or principal officers. If yes, the name, title, and nature of the public position held are collected.
</Note>

## PHP bank account

For businesses settling in Philippine pesos, provide these bank account details via the `php_bank_account` requirement.

| Field               | Field Name          | Type        | Required | Notes                                     |
| :------------------ | :------------------ | :---------- | :------- | :---------------------------------------- |
| Account holder name | `accountHolderName` | String(150) | Yes      |                                           |
| Account number      | `accountNumber`     | String(250) | Yes      |                                           |
| Bank code           | `bankCode`          | String(50)  | Yes      | Provider-recognized PH bank/clearing code |
| Bank name           | `bankName`          | String(150) | Yes      |                                           |

## Declaration

The application is completed with a declaration and signature from an authorized signatory, certifying the accuracy of the information and agreeing to Meridian's terms — including disclosure of business activities, permitted use of the account, regulatory standing, ongoing disclosure of material changes (within 30 days), and consent to verification and screening.