Settlement layer access checklist

Complete all six compliance phases before your institution is authorized to access the Vital settlement layer. Each item must be verified by the Mesh-Native Exchange compliance team before approval.

Overall Completion0 / 30 items

Submit Certificate of Incorporation or Charter documentProvide Federal Reserve or OCC charter numberUpload current proof of FDIC / NCUA insuranceConfirm primary regulator (Fed, OCC, FDIC, state)Provide ABA routing number and SWIFT/BIC code

Submit most recent independent AML audit reportProvide BSA Officer contact and designation letterConfirm existence of written AML/BSA policyDocument Customer Due Diligence (CDD) proceduresConfirm SAR and CTR filing procedures are in place

Complete institutional KYB form (provided on approval)List all beneficial owners with ≥ 25% equity interestProvide government-issued ID for authorized signatoriesSubmit latest audited financial statements (last 2 years)Confirm there are no outstanding enforcement actions or consent orders

Provide most recent SOC 2 Type II reportConfirm ISO 27001 or NIST CSF alignmentSubmit network penetration test summary (< 12 months)Confirm MFA is enforced on all administrative accessDocument incident response and breach notification policy

Select authorized rails: ACH · SWIFT · SEPA · FedWire · RTPProvide correspondent bank details (if applicable)Confirm daily settlement volume limitsSign Rail Authorization AddendumDesignate primary settlement account (account + routing)

Review and execute the Bank Integration AgreementAcknowledge Vital Protocol Terms of UseSign Data Processing Agreement (DPA) under applicable lawConfirm sanctions screening program (OFAC, EU, UN lists)Assign a primary compliance contact for ongoing liaison

This checklist is for preparatory reference only. Official compliance review is conducted by the Mesh-Native Exchange compliance team. Items marked complete here do not constitute regulatory approval.

Settlement layer access checklist

Entity Verification

AML / BSA Program Review

KYC / KYB Documentation

Cybersecurity & Data Controls

Settlement Rail Authorization

Legal & Contractual Review