Glossary
Term | Explanation |
Client | NIUM contracting entity (Platform Partner) |
Customer | Underlying corporate |
Applicant | Natural person (not an entity) filling out application on NIUM platform (to be corrected) |
POI | Proof of Identity |
POA | Proof of Address |
SoW | Source of Wealth |
SoF | Source of Funds |
EDD | Enhanced Due Diligence |
UBO | Ultimate Beneficial Owner |
RFI | Request for Information |
LOA | Letter of Authorization |