Pythas applies a risk-based tiered verification model. Requirements correspond to the client’s transaction volume, entity type, and risk profile. All verification is powered by MetaMap.
Pythas reserves the right to request additional documentation at any time and to apply Enhanced Due Diligence to any client at its sole discretion, regardless of transaction volume.
Tier 1 — Standard KYC / KYB
Monthly volume: 25,000–999,999 USD equivalent
Individual / UBO
Business / Entity
Compliance checks
| Document | Required |
|---|
| Government-issued photo ID (front and back) | Yes |
| Proof of address (utility bill or bank statement, within 90 days) | Yes |
| Date of birth | Yes |
| Biometric liveness check via MetaMap | Yes |
| Source of funds declaration | Yes |
| Document | Required |
|---|
| Articles of incorporation or certificate of formation | Yes |
| Current business registration in jurisdiction | Yes |
| EIN or local tax identification number | Yes |
| Proof of business address (within 90 days) | Yes |
| KYC on all beneficial owners with 25% or more ownership | Yes |
| Business bank statements (last 3 months) | Yes |
| Check | Tool |
|---|
| OFAC SDN screening | Elliptic + internal |
| Blockchain wallet screening | Elliptic |
| PEP screening | Third-party database |
| Identity verification | MetaMap |
Tier 2 — Enhanced Due Diligence (EDD)
Monthly volume: $1,000,000+ · or triggered by risk factors
Individual / UBO
Business / Entity
EDD triggers
All Tier 1 documents, plus:| Document | Required |
|---|
| Selfie with government-issued ID | Yes |
| Secondary utility bill (independent from proof of address) | Yes |
| Full SSN or equivalent national identifier | Yes |
| Source of wealth documentation | Yes |
| Business activity description and expected transaction patterns | Yes |
All Tier 1 documents, plus:| Document | Required |
|---|
| Audited financials or 6-month bank statements | Yes |
| For fintechs / MSBs: regulatory licenses, AML policy, compliance officer details | Yes |
| UBO ownership structure chart | Yes |
| Board resolution or authorization letter | Yes |
| Banking reference letters (if available) | Recommended |
EDD is applied regardless of volume when any of the following are present:
- SAR filed on a prior transaction
- High-risk jurisdiction
- Flagged wallet address via Elliptic
- OTC or exchange desk business model
- Compliance Officer discretion
EDD clients undergo a 6-month periodic review covering transaction volume, patterns, wallet usage, and KYC/KYB accuracy. 
