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Create a recipient

In Ospree’s Accounts Directory, you can add new recipients for compliance monitoring and transaction tracking. This is particularly useful for managing counterparties and ensuring regulatory compliance. Follow the steps below to create a new recipient profile.

How to add a recipient

1

Navigate to Accounts Directory

  • In the Ospree Dashboard, select Directory from the left navigation panel.

  • In the Recipients tab, click on the Add Recipient button located at the top right of the screen.

2

Choose account type

Select Individual Recipient or Business Recipient to create a personal user profile.

3

Fill the form

Depending on the selected account-type you will either be directed to the Create Individual Recipient or Create Business Recipient form, where you need to enter the following details:

Account ID

A unique identifier for the recipient (e.g., REC0001).

Email

Enter the individual's email address for communication and notifications.

First Name:

The individual's given name.

Middle Name

(optional).

Last Name

The individual's.

Birthdate

Date of birth in the format MM-YYYY-DD.

Place of Birth

City and country where the individual was born.

Nationality

The individual's citizenship.

Ospree offers two options for entering address details:

  1. Structured Address (Preferred)

    • Street Number

    • Street Name

    • Building Name (if applicable)

    • Floor and Room (if applicable)

    • Department or Postbox (if applicable)

    • City Location: Specific area within the city.

    • City

    • Region or District

    • Zipcode

    • Country

  2. Free Form Address

    • If structured address is not available, use Address Line for a single-line entry of the complete address.

To comply with KYC requirements, provide the following national ID details:

  • National ID Number: The unique ID number.

  • National ID Country Issuer: The country that issued the national ID.

  • National ID Registration Authority: The authority responsible for issuing the ID.

4

Final step: create the recipient

  • Once all fields are completed, click on the Create Individual/Business Recipient button.

  • The account will be saved in the Accounts Directory and made available for compliance monitoring and management.

Use Structured Address for better accuracy and compliance with global AML requirements. Your new individual account is now active and ready for compliance checks and monitoring in Ospree!

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