- Getting StartedTesting in the Sandbox
Generate an OAuth Access TokenSend Money to UsersReceive Money from UsersTransfer Money Between UsersTransfer Money Me-to-MeBuilding With Drop-in Components - CustomersCreate a Business Verified CustomerOverviewStep 1: Create a business Verified CustomerStep 2: Handle verification statusesStep 3: Add beneficial ownersStep 4: Certify beneficial ownershipFrequently asked questions
Create a Personal Verified Customer - Funding SourcesAdd a Debit Card Using Dwolla-cards.jsAdd a Bank Using Dwolla.jsAdd a Bank Using Dwolla.js + IAVVerify Bank with Micro-depositsAdd Bank via Dwolla + Plaid Integration
- WebhooksWorking with Webhooks
Business Customer Verification #
This article will walk through the identity verification process for Business Verified Customers within the Dwolla API.
The basics #
A business verified Customer represents a business that intends to send or receive funds on your platform. In any transaction, at least one party—either the sender or the receiver—must complete the identity verification process as outlined in this article.
Key Terminology #
- Account Admin - The representative creating the business verified Customer on behalf of the business and Controller.
- Controller - Any natural individual who holds significant responsibilities to control, manage, or direct a company or other corporate entity (i.e. CEO, CFO, General Partner, President, etc). A company may have more than one controller, but only one controller’s information must be collected.
- Beneficial owner - Any natural person who, directly or indirectly, owns 25% or more of the equity interests of the company.
- Beneficial ownership certification - An action taken by the Account Admin to confirm that the information provided is correct.
- EIN (Employer Identification Number) - A unique identification number that is assigned to a business entity so that they can easily be identified by the Internal Revenue Service.
Business Verified Customer Quick Guide #
Test in the Sandbox for free today.
Use sandbox environment to test API requests.
2022 All Rights Reserved
Financial institutions play an important role in our network.
All funds transfers made using the Dwolla Platform are performed by a financial institution partner, and any funds held in a Dwolla Balance are held by a financial institution partner. Learn more about our financial institution partners.