Compliance
Underwriting Guide
Last updated: 1 March 2026
Netract accounts undergo a procurement and counterparty risk review before workflow-channel linkage is activated. This guide sets out how we assess suppliers, what cross-channel attestation evidence we expect at each volume band, and how ongoing monitoring works.
1. What we are assessing
This review confirms three things: that your entity exists and is controlled by the people who claim to control it; that the procurement obligations you record are backed by genuine, human-approved engineering delivery evidenced by the Omni-Channel Orchestration Engine; and that your expected flow of recorded obligations is plausible for a technology or digital services supplier.
2. Risk tiers and evidence
| Tier | Expected volume | Evidence | Decision |
|---|---|---|---|
| Tier 1 — Standard | Up to $50,000 / month | Entity verification, director ID, one client contract sample | 1–2 business days |
| Tier 2 — Elevated | $50,000 – $250,000 / month | Tier 1 plus beneficial ownership map and 3 months of cross-channel attestation history | 2–4 business days |
| Tier 3 — Enterprise | Above $250,000 / month | Tier 2 plus audited or management accounts, client concentration analysis, and a compliance interview | 5–10 business days |
3. Counterparty-side diligence
Because payers are Western corporate clients, we screen the paying entity as well as the supplier. Expect us to ask for the signed statement of work, master services agreement, or purchase order behind larger recorded obligations, and to confirm that the invoicing entity matches the party named in the tripartite master agreement.
4. cross-channel attestation evidence
Ongoing review relies on cross-channel activity attestation: verified commit SHAs, pull request links, timestamps, and human client sign-off captured through standard GitHub webhooks. Netract never reads or parses your proprietary project code — only public activity metadata is used as evidence of delivery.
5. Ongoing monitoring
Every recorded procurement obligation and licensed-partner settlement is scored against your declared profile. Reviews are triggered by material deviation from declared monthly volume, a new client jurisdiction, delivery markers lacking human sign-off, mismatched invoicing identity, or repeated clearing to accounts unrelated to the verified entity.
A review may temporarily hold a specific final-mile clearing instruction executed by our licensed banking partners. It does not automatically suspend your account, and we notify the account owner when a hold is placed.
6. Prohibited and restricted activity
We cannot support payment facilitation on behalf of unrelated third parties, crypto brokerage or exchange activity, gambling, adult services, arms or dual-use goods, unlicensed lending or money transmission, or any counterparty appearing on applicable sanctions lists.
7. Appeals
Declined applications may be appealed once with additional evidence. Review decisions are made by Verispect Ltd in conjunction with our Tier-1 licensed banking partners, and partner-driven declines cannot always be explained in detail.