What do the people/entities that handle the vetting of potential investors look for in their ideal investors?
That’s an excellent question – – thank you. The compliance departments look to see: That a candidate can show verifiable proof of the sufficient minimum cash required in USD or EUR, or a currency instantly convertible to USD or EUR;
That such capital is shown to be solely owned or controlled by the individual signatory signing on the trade contract;
That such signatory’s KYC checks out as authentic;
That this signatory is not blacklisted in the BIIP industry. Blacklisting happens when a client breaks a previous contract and pulls out prematurely.
That this signatory’s funds are clean, clear, of non-criminal origin;
If it is a tear sheet program, that the funds are in an acceptable bank (see https://accuity.com/resources/bank-rankings);
That the prospective client is polite and respectfully cooperates with the intake procedures; and
That the prospective client doesn’t demonstrate a “prove it to me” attitude.