To open an Account, you must be a Business Entity incorporated in the United States. A Toolbox account may only be used for business purposes and cannot be used for any personal, family or household purposes.
A note on KYC/KYB (Know Your Customer/Business): To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify and record information identifying each person who opens an Account, including any Authorized Users who may access an Account.
This means that when you open an Account, we will ask for information that allows us to identify you, including but not limited to:
Your name
Legal address
Date of birth
Social Security Number (or Tax Identification Number [ITIN])
We also may ask for a driver’s license or other identifying documents for your business, Authorized Users, account owners, and your officers, directors, beneficial owners, controlling shareholders and others.