This synchronous API extract in real-time relevant information from Form Facta (W9 W8) document such as beneficiary's Name, beneficiary's Address, Nationality, Account Number, FATCA Status, Tax Identification Number, Sworn Certification, Signature, Signature Date, FATCA Entity Type, and FATCA Beneficiary Type.
Verifying Form Facta (W9 W8) documents is important for compliance and regulatory purposes. By extracting key information from these documents, organizations can ensure that the provided information is accurate and valid. This helps in preventing fraud, ensuring tax compliance, and maintaining data consistency.
Maximum file size: 5 MB.
Maximum number of calls per minute: 10 calls.
For better results, it is highly recommended to provide documents
under these properties :
- The image resolution should be greater than 200 DPI
- The document must not be blurred or rotated
- In case of a photo document, make sure that the text area does not contain any highlights or shadows
- The entire document must be in the frame