How do I complete identity verification (KYC) with Stripe?

This process:

✅ Confirms your business legitimacy

✅ Protects against fraud

✅ Allows us to move funds responsibly and compliantly

Every company must designate an authorized representative (someone with authority to act on behalf of the business) to complete this step.

The verification takes just a few minutes and only requires your basic business and

representative details. Once completed, you’ll be able to fund your Klear account and start

trading.

Who should complete KYC?

● The individual completing KYC must be a U.S.-based person. This person will have a

U.S. government issued identification.

● The individual listed must be someone with authority to represent your organization (e.g.,

C-level, executive, or equivalent with delegated authority).

● If you have the authority to sign contracts or represent your company, you may use your

own personal information. Do not use placeholder (“dummy”) data.

Steps to complete KYC

1. Access the Stripe flow

○ In Klear, please go to Settings > KYC

○ You will be redirected to a secure Stripe verification page.

2. Review business information

○ Confirm your company details (name, address, EIN, URL, industry, etc.) are

accurate. Company name should be either the legal company name or the DBA

name. The company the account is created for must match the entity on the

contracts or purchase orders that Klear will be working with. If you have more

than one entity that you would like to set up on Klear, you must set up separate

accounts for each and follow the KYC for each entity. For each Klear account,

you will need to use a unique email address.

○ If something needs updating, click Edit before proceeding.

3. Add or confirm the account representative

○ You’ll see a section called Management and ownership.

○ If your information appears but with errors (e.g., wrong date of birth), click Edit to

correct it.

○ Only the individual completing KYC should appear here.

4. Upload your identity document

○ You’ll be prompted to upload one of the following:

■ Passport or Passport card

■ Driver license

■ State-issued ID card

■ Resident permit / U.S. Green Card

■ U.S. visa or border crossing card

○ Document guidelines:

■ Must be in color (no scans or black-and-white)

■ Accepted formats: JPG, PNG (identity docs) or PDF (business docs)

■ Entire document visible, not cropped

■ Include both sides if applicable

■ Signatures must be clear

5. Save and confirm

○ Once all information is entered and documents uploaded, click Confirm.

○ If you aren’t ready, you can select Save for later and return to finish.

Common Issues

● Error: “Update your name and SSN”

→ This means your personal info does not match public records. Re-enter your correct

legal name, DOB, and SSN.

● Can’t edit DOB on first screen

→ Click Skip for now to advance, then select Edit under Management and Ownership to

fix your details.

Support

If you are unable to complete the KYC process after making corrections:

● Contact us at success@klearbusiness.com with screenshots of the error screen.

● Include the name of the person attempting KYC and the business entity name.

✅ Once KYC is complete, your Stripe verification status will update automatically and you can

proceed with account setup.