AML & KYC Disclosures
Maintained by Brickell Wallstreet to explain the identity verification, screening and monitoring practices applied across our banking, card and digital asset services.
What onboarding involves
- Government ID and address verification
- Beneficial ownership checks for businesses
- Sanctions and watchlist screening
- Ongoing transaction monitoring
- Enhanced due diligence for higher-risk profiles
- Regulatory recordkeeping through licensed partners
Last updated: 2026
Customer identification
Every applicant completes know-your-customer (KYC) verification before an account, card or digital asset service is activated. This typically includes legal name, date of birth, residential address, government-issued identification and, where required, a liveness or document check.
Business customers additionally provide formation documents, ownership structure and beneficial-owner identification, along with verification for authorized signers.
Sanctions and watchlist screening
Applicants and counterparties are screened against applicable sanctions, politically exposed person and law-enforcement watchlists at onboarding and on an ongoing basis. Matches are reviewed before any relationship proceeds.
Ongoing monitoring
Account and transaction activity is monitored for patterns consistent with money laundering, terrorist financing, fraud or sanctions evasion. Digital asset activity may also be reviewed using blockchain analytics provided by our partners.
Enhanced due diligence may be applied to higher-risk relationships, including source-of-funds or source-of-wealth documentation and additional approval steps.
Reporting and recordkeeping
Our licensed banking, card issuing and custody partners file the reports required of them by law and retain onboarding and transaction records for the periods that applicable regulations require. We cooperate with lawful requests from regulators and law enforcement.
We may be prohibited by law from disclosing that a report has been filed or that an account is under review.
Restrictions
We do not knowingly provide services to sanctioned individuals or entities, to customers in prohibited jurisdictions, or for anonymous, shell or nominee accounts. Applications may be declined, and accounts may be restricted, frozen or closed, where verification cannot be completed or where activity presents unacceptable risk.
Shared responsibility and contact
Regulated banking, card issuance and custody functions — including the associated AML program obligations — are performed by our appropriately licensed partners. Brickell Wallstreet maintains onboarding, screening and escalation practices that support those programs, and customers are responsible for providing accurate, current information.
This page is app-owner content describing current practices; it is not a certification, audit result or legal advice. Compliance questions: compliance@brickellwallstreet.com, 848 Brickell Ave, Miami, FL 33131.
What to have ready before you apply
Gather these before you start and most applications clear in minutes. Every document should be current, fully visible and unedited.
Personal accounts
Required for every applicant, including each owner of a business account.
- Photo IDPassport, national ID card or driver's licence — unexpired, all four corners visible, no glare.
- Proof of addressUtility bill, bank statement or lease dated within the last 90 days, showing your name and home address.
- Selfie checkA short live camera check in the app so we can confirm the ID belongs to you. Takes about 30 seconds.
- Tax identifierYour SSN, ITIN or the tax number used in your country of residence.
Business accounts
Add these to the personal documents for each owner and authorised user.
- Formation documentsCertificate of incorporation or formation, plus articles, operating agreement or bylaws.
- Ownership structureA list or chart of anyone owning 25% or more, with ID for each, and details of who controls the company.
- Business tax IDEIN letter or the equivalent registration number in your jurisdiction.
- Proof of business addressA recent utility bill, lease or bank statement in the company's name.
Sometimes requested
Only asked for when the amount, product or activity requires a closer look.
- Source of fundsPayslips, sale contract, investment or bank statements showing where an incoming deposit came from.
- Source of wealthA short explanation, with support, of how your overall wealth was built — common for private banking tiers.
- Crypto wallet informationOwnership confirmation for external wallets you plan to send from or withdraw to.
- Business activity detailInvoices, contracts or a description of expected volumes and counterparties.
How to submit your documents
- 1
Start the application
Open an account request and complete the basic profile. You will receive a secure, single-use upload link by email.
- 2
Scan or photograph each document
Use good light on a flat, dark surface. PDF, JPG or PNG under 10MB each. Colour, uncropped, and never a screenshot of a screen.
- 3
Upload through the secure link
Files are encrypted in transit and reviewed only by the onboarding and compliance teams. Do not email documents as plain attachments.
- 4
Watch for follow-ups
If something is unclear or expired we will request a replacement. Most reviews finish in minutes; business accounts usually take one to three business days.
Never send documents, card numbers, passwords or one-time codes over social media or to anyone who contacts you unexpectedly. We will only ever ask for documents through the secure upload link in your application or through a verified request from our onboarding team.
Plain-language answers
Common questions about identity checks, documents and account reviews — explained without the jargon.
Why do you need my ID before I can open an account?
Financial regulations require us and our partner banks to confirm that you are who you say you are before money moves. A government ID and proof of address is the standard way to do that, and it protects you from someone opening an account in your name.
What documents should I have ready?
For individuals: a valid passport or driver's licence, and a recent utility bill or bank statement showing your address. For businesses: formation documents, ownership details, and ID for each owner above the reporting threshold and for anyone authorised to use the account.
How long does verification take?
Most personal applications are checked automatically within minutes. Business accounts and any application that needs a manual review typically take one to a few business days, and we will tell you if anything else is needed.
What is sanctions screening?
It is an automated check of your name against government lists of people and organisations that financial institutions are prohibited from serving. Almost everyone passes; a possible name match simply means a person reviews it before your account continues.
Why was I asked where my money came from?
For larger deposits or unusual activity, we may ask for source-of-funds documents such as a payslip, sale contract or investment statement. It is a routine step, not an accusation, and it helps keep the platform safe for everyone.
Do you monitor my transactions?
Activity is reviewed automatically for patterns linked to fraud or financial crime, including on-chain analytics for digital assets. Nobody is reading your everyday purchases for any other reason, and reviews are handled under strict access controls.
Can my account be frozen or closed?
Yes, if verification cannot be completed, if we are legally required to act, or if activity presents unacceptable risk. In some cases the law prevents us from explaining the reason, but we will always return funds you are entitled to as permitted.
How long do you keep my information?
Identity and transaction records are retained for the periods set by financial recordkeeping and anti-money-laundering rules — commonly five years after the relationship ends — and are then deleted or anonymised.
Does crypto follow the same rules?
Yes. Buying, holding, converting or spending digital assets through your card is subject to the same identity checks, screening and monitoring as your cash balances.