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Payments verification is separate from Cards KYC/KYB. Being approved to issue cards does not, on its own, let a customer move money or open a virtual account. Each payments customer completes account-owner verification and is screened on an ongoing basis before and while they transact.

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Account owner verification (CIP)

Every virtual account has an account owner, either a person or a company, who must complete a Customer Identification Program (CIP) check before the account can transact.
  • Standard Compliance: Rain runs the CIP check on the account owner.
  • Hybrid Compliance: you verify the account owner in your own compliance program; Rain still screens the party.

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Transaction monitoring

Rain monitors money-movement transactions for sanctions exposure, suspicious patterns, and travel-rule information. Monitoring applies to the fiat legs of a transfer: inbound deposits into a virtual account and outbound payouts from one.

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On-chain screening

Rain screens the on-chain source and destination of funds with blockchain analytics (Chainalysis) and blocks transactions tied to high-risk activity, for example addresses linked to sanctions, theft, or illicit services.

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What Rain can block

Rain gates money movement and virtual accounts independently of card issuance. Rain can:
  • Approve a customer for cards but not yet clear them for money movement or virtual accounts.
  • Block a customer from money movement or virtual accounts for compliance reasons while card issuance stays active.
If a payments action is blocked, the API rejects the request. Check the customer’s payments verification status before you initiate transfers or create payment routes.

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Restrictions

Rain also subjects payment routes to regional, country, and industry restrictions applied at creation time. See Restrictions & Availability.

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What’s next

Restrictions & availability

Regional, country, and industry limits on payment routes.

Onramps

Receive funds into a virtual account.

Offramps

Pay out to an external account.

How compliance works

The compliance overview and the Cards KYC/KYB gate.