Know Your Business services
Part of the enhanced customer due diligence services, KYB is one of the most useful tools for companies who are they about to engage or enter business relations with, really. We are conducting such KYB services since 1991, for and on behalf of foreign companies with business interests in Romania, taking the fraud prevention to the next level.
Know Your Business
Know Your Business (KYB) is the due diligence review of the business and industry against a set of verification techniques and procedures. It allows a company to understand who is the party they're about to engage for business, and assess if that entity is a real one or just a "paper file" without real presence. Understanding the above may result in preventing your company being defrauded or involved in illegal activities.
Company name history.
Company registration and type.
Place and date of incorporation.
Registered national branches.
Business address history.
Business search and filings.
Associates history listing.
Admins history listing.
Company directors and principals.
Company networks diagram.
Last 5 years business statements.
Last 5 years financial charts.
Company reputational score.
Dissolutions and filings of such.
Company insolvencies and bankruptcies.
Court civil and criminal litigations.
Suspended activity filings.
Average no. of employees last 5 yrs.
Adverse media local and national.
Market share, Top 100 position.
Associates linked to other companies.
Principals linked to other companies.
PEP (politically exposed persons).
SDN/OFAC listing verification.
Government and public funds/tenders.
Visitation and premise validation.