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Overview

Before you can call the Teel API, your business completes Know Your Business (KYB) verification in the Teel dashboard. This is a one-time setup step. Once your KYB is approved you receive API keys scoped to the corridors you were approved for, and everything after that — recipients, quotes, payouts — happens through the API.
KYB is a dashboard flow, not an API flow. Partner API keys (sk_live_… / sk_test_…) are scoped to operational endpoints (recipients, quotes, payouts, webhooks) and cannot submit or query KYB. If you haven’t onboarded yet, contact support@teel.finance to get started.

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How it works

  • You submit your business details and documents once, in the dashboard.
  • Teel propagates the relevant subset of your record to every payment provider whose license is needed for the corridors you requested — you don’t fill out a separate form per provider.
  • Different providers require different fields; the dashboard presents a single merged form that satisfies all of them.
  • Each provider runs its own compliance review under its own license, so some corridors may approve before others.

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What you’ll provide

The dashboard collects the information needed across your requested corridors. Typically:
  • Business details — legal name, registration number, country of incorporation, registered address.
  • Beneficial owners / control persons — names, ownership percentages, and identity details.
  • Supporting documents — certificate of registration, proof of address, and others depending on your jurisdiction and corridors.
The exact fields adapt to the currencies and corridors you request — add a corridor and the form may ask for additional documents.

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Tracking approval

Approval status is shown in the dashboard. KYB is reviewed independently per corridor, so some corridors may go live before others. Once a corridor is approved it becomes routable with your API key — there’s no further action required from you before you start transacting on it.

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After approval: confirm what you can route

Once your KYB clears, check the public coverage endpoint to see the live matrix of currencies, rails, directions, and amount bounds. No authentication is required:
The coverage endpoint returns the platform-wide matrix; the corridors available to your account are the subset your KYB was approved for. See the Coverage page for the full response schema. Once you’ve confirmed your corridors, move on to recipients to start sending payouts.