How to Use the Verification Collaborators Function in Binance Japan Entity Verification

2023-06-15 03:52

The Verification Collaborators function lets you invite related parties to collaborate in the Entity Verification process.
For example, you can ask them to provide additional information or upload the required documents.

As an account holder

If you’re the account holder, you have the authority to invite collaborators and review their submissions. Once all the collaborators have submitted their information, you need to review and verify (confirm) the accuracy of their submissions.

Please note that only the account holder has the final submission authority.

How to invite collaborators?

1. Click [Invite Collaborator] under [Invite Verification Collaborator].

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2. Enter the collaborator’s email. You can add a remark for the role for your reference.
Click [Send Invite].

Important note:

  • You can invite maximum 10 email addresses
  • The collaborator’s email must be registered to their Binance account
  • The Collaborators will have full access to Related Parties and Upload Documents.
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3. Verify with your 2FA devices, and your invitation will be sent to the collaborator. 

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4. After the collaborator accepts your invite, you can see the number of collaborators next to [Current collaborators].

To invite more collaborators, click [Invite].
To remove a collaborator, click the edit button.

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5. You can resend your invitation or remove a collaborator.

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As a collaborator

If you’re a collaborator, you should complete and submit the information you have promptly. The account holder will then review and submit the verification.

Please note that collaborators won’t be able to view details submitted by other collaborators and don’t have the authority to submit the application.

How to accept a collaborator invitation?

1. Click [Start] in the invitation email you receive.

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2. You’ll be redirected to log in to your Binance account. If you don’t have a Binance account, please register with the email from which you received the invitation.

3. After login, you have to answer a question about the entity correctly and accept the invitation.

If you click at [I’m not sure about this question], the invitation will be rejected and you’re unable to access the Entity account as a collaborator.

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How to access and submit information in the Entity account as a collaborator?

1. Click [Related Parties] or [Upload Documents] to provide information as instructed. Please note that you don’t have to complete every section.

For example, if you are the entity's Director, go to the [Director(s) or Equivalent Person] section and follow the instructions to complete it.

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2. You can view the information collaborators provide under each section. You can also see which collaborator provided it.

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3. Click the information to review and edit the details. Click [Confirm] to update, or click [Save as Draft] and edit later.

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4. Once you’ve reviewed the information they provide, click [Confirm].

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5. Click [Submit My Part] if you have done all your part.

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6. Review the information you provide and click [Confirm and Submit].

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Important notes:

  • If there are any mismatches, you can click [Back to Edit] and modify the information.
  • Kindly check the information carefully before submitting. You will not be able to modify it after submission.

7. The application has been submitted successfully.
Please note that this is for your part only, not the application for the whole entity account

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For more details on the Entity Verification process, please refer to this article.