Beneficial Owner Update Process

Prerequisites

Partners are required to create a Beneficial Owner and then initiate the update process.

Update Process

The update process for Beneficial Owners is is asynchronous and involves several steps:

1. Partner calls the update beneficial owner endpoint,

2. The system verifies if everything is present,

3. the Beneficial Owner is updated and the process finishes.

How to Call the Update Endpoint

The update is performed by calling the endpoint:

PATCH /entities/beneficial-owners/{beneficialOwnerId}