Employer Identification Number (EIN)
Overview
An Employer Identification Number is a U.S. federal tax identifier issued by the IRS to business entities, estates, and certain trusts. In KYB, EINs help confirm legal existence, tax responsibilities, and linkages across filings, payroll, and banking. Institutions collect EINs to run registry checks, validate entity details, and associate accounts to the correct company. EIN verification reduces misidentification, combats shell misuse, and streamlines reporting (e.g., FATCA/CRS equivalents via local frameworks). Because EINs are sensitive, programs must apply least-privilege access, encryption, and retention limits.Where names and EINs mismatch, legal name normalization and supporting documents (IRS CP 575, 147C letters) resolve discrepancies. Used with UBO data and sanctions screening, EINs support accurate KYB profiles, reduce false positives, and improve downstream risk assessments and monitoring.
FAQ
Stay ahead of risk with Signzy
Explore tools that help you onboard, monitor, and verify with confidence
KYB
Know Your Business verification solutions to authenticate business entities and ensure compliance with regulatory requirements.
Criminal Screening
Thorough background checks and criminal record verification to ensure compliance and maintain security standards in your onboarding process.
AML Screening
Comprehensive Anti-Money Laundering screening solutions to detect and prevent financial crimes through advanced monitoring and compliance tools.