Business Verification Services for Reporting Entities
When your customer is a company, you must confirm it is real, properly constituted, and who it claims to be. We build the business verification that proves an entity exists before you onboard it.
A Company Is Only as Real as Its Records
Unlike a person, a business cannot show you a photo identification. You confirm it exists through reliable records: incorporation documents, registration filings, and official registers. Business verification establishes that the entity is validly constituted, correctly named, and genuinely operating before you accept it as a customer.
Confirming Who Can Act for the Entity
Verifying a business is not only about the company itself, but the people entitled to act for it. We help you confirm the directors, signing officers, and authorised representatives who can transact on the entity’s behalf, so you know the person in front of you genuinely has authority. This is the groundwork that beneficial ownership checks then build on.
Existence Checks
We confirm the business exists and is validly registered through reliable official records.
Legal Form
We establish whether the entity is a corporation, partnership, trust, or other structure.
Entity Details
We verify the legal name, registered address, and identifying numbers of the business.
Authorised Persons
We confirm the directors and signing officers entitled to act for the entity.
Ready to Simplify Your Compliance?
Businesses We Verify For
We build business verification for money services businesses, payment service providers, cryptocurrency platforms, currency exchanges, real estate firms, and the many other reporting entities onboarding corporate customers under the PCMLTFA.
We support banks with program design, oversight, & regulatory examination readiness.
We help credit unions meet obligations proportionate to their membership and scale.
We handle registration, renewals, reporting, & controls FINTRAC expects from you.
We cover Bank of Canada registration alongside your anti money laundering obligations.
We establish what your wallet activity triggers, then build only what applies.
We build compliance around what your product does, before volumes and questions arrive.
We register virtual currency dealers and build the reporting their activity demands.
We support financial institutions across registration, program build, and reporting duties.
Why Businesses Choose Our Verification
Genuinely Confirmed
We verify entities against official records, so a shell or non-existent company cannot pass itself off as a legitimate customer.
Authority Checked
We confirm who can act for the business, so you never transact with someone lacking the authority to bind it.
Ownership Ready
We verify the entity in a way that feeds cleanly into beneficial ownership checks, rather than leaving them disconnected.
Serving Businesses Across Canada
We deliver business verification right across the whole of Canada, from Toronto and Montreal to Vancouver and Calgary, and for foreign reporting entities that carry Canadian obligations wherever they operate.
Let's Talk About Your Compliance Needs
Schedule a Free Consultation
Whether you’re starting a new MSB or need ongoing AML support, our team responds within one business day.
Business Verification Questions
Clear answers to the questions Canadian businesses ask most about verifying corporate customers and confirming that an entity is genuine under the PCMLTFA.
What exactly is business verification?
Confirming that a business customer genuinely exists, is validly constituted, and is who it claims to be, using reliable official records.
How do we verify a company?
Through records such as incorporation documents, registration filings, and official business registers that confirm the entity’s existence and details.
Is business verification the same as UBO?
No. Business verification confirms the entity itself. Beneficial ownership goes further, identifying the individuals who ultimately own or control it.
Who can act for a business?
Directors, signing officers, and authorised representatives. We confirm the person transacting genuinely has authority to act for the entity.
Why verify business customers at all?
Because criminals use companies to disguise activity. Verifying the entity is a core PCMLTFA obligation and protects you from onboarding a front.”