Basics

What is KYB (Know Your Business)?

Updated 2026-06

KYB, or Know Your Business, is the process of verifying a business you are about to deal with, including confirming the legal entity, its status and who stands behind it. It is the business equivalent of Know Your Customer checks on individuals.

Key facts

  • KYB focuses on the entity rather than the individual.
  • It usually starts with the legal name, identifier and registration status.
  • It is used in onboarding suppliers, customers and partners.

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