Highly effective risk mitigation tools, based on a database of credit histories and data from public sources – verification of customers and contractors, identification, verification and anti-fraud services, verification of property, arrests and prohibitions, a large array of scoring models.

The services of the Ukrainian Bureau of Credit Histories, for a Business will be useful in various business processes aimed at counteracting fraud, assessing risks or collecting information:

• identification and verification of individuals, including remotely;
• making credit decisions on any type of loans – from credit card limits, consumer credits or microloans to loans for start-ups;
• verification of legal entities and individual entrepreneurs before lending, providing other banking services to small and medium-sized businesses in Ukraine, when providing consulting services for businesses etc.;
• verification of contractors in any monetary or property relations;
• verification of movable and immovable property, arrests and prohibitions;
• search for contacts to work with debtors

etc.

How does it work?
The Ukrainian Bureau of Credit Histories has the largest database of credit histories in Ukraine and receives data from more than 500 Ukrainian lenders.
Based on the information that makes up a credit history and other data received by the bureau from partners, as well as using data from state registers and other public sources, we have developed a wide range of services in the following areas:

• actual checking of credit histories and monitoring their status,
• suggested analytic tools represented by a number of scoring models – from general to highly specific and individual ones,
• identification and verification tools, including the ones using photos with the Microsoft Face API biometric face recognition technology,
• fraud and operation risks prevention tools,
• tools for obtaining information about a person, based on the data from public sources

etc.

Successful use of the tools, which we offer, in your business processes, can significantly improve the level of fraud prevention, optimize risk assessment and improve the level of service for your customers, as a result of simplifying and accelerating verification procedures.

Most of the services that we offer to businesses involve the signing of a contract with the bureau and a partnership, which can be both unilateral and bilateral. Unilateral interaction suggests only obtaining data from the bureau. Bilateral interaction is possible for the organizations providing loans, and also involves transfer of data about loans of the organization constituting a credit history. Depending on the amount of data that the organization transmits, we offer personalized billing for requests.

There are also services available for a business, without having to sign a contract:

• checking a credit history of your own company;
• verification of a Public Dossier of any company, i.e., obtaining aggregate information on any legal entity from open sources.

By signing a one-off Agreement-Application to join the Public Agreement, you receive legal access to all of the Bureau’s products.

1. Complete the Joining Agreement-Application to Information Services Terms and Conditions:
   • complete the details;
   • appoint a Company Administrator;
   • select type of payment;
2. Complete the Questionnaire;
3. Print out two copies of both the Agreement-Application and the Questionnaire;
4. Send the copies of these documents signed on your part to the UBCH postal address.

1. After the Agreement-Application has been signed, the appointed Administrator will receive a login and password to get authenticated on the UBCH database.
2. The Administrator will then register other users from their organization.

• in a web browser  After having been authenticated on the UBCH website (www.ubki.ua)

To get acquainted with the web-interface and services of the bureau, you can use test account

• through a web service which returns the report as an XML-file Automatic interaction through the XML interface This method of reporting enables automated processing of requests and provides reports in the format of your choice

• as an XML file formatted as described in the data transfer specifications. UBKI FILE SENDER is an out of the box solution for converting to UBCH’s XML or DBF files, as well as for converting data from CU-Program version 3.1.1.12 or newer.
• manual input in a web browser. After having been authenticated on the UBCH website (www.ubki.ua) navigate to Data Transfer – Manual Input in the Menu. This service is suitable for a small number of provided credit transactions or during the period of adaptation of your software to the Bureau’s services.

The key legislative acts that govern relations of the bureau of credit histories are:

• The Law of Ukraine “On creating and managing credit histories”,
• The Law of Ukraine “On personal data protection”,
• The Law of Ukraine “On information”.

1. The Users / Partners of the Bureau can be any business entities, when there is the intention is to enter into a transaction involving monetary obligations of the parties or there are present existing transactions for which monetary obligations have arisen for one of the parties;
2. A Partner can only provide information to and obtain information from the Bureau, if the Partner has the consent of the subject of the credit history. The subject of a credit history can be any legal entity or an individual that is a party to a transaction or has an intention to conclude a transaction.

• questionnaire/web-questionnaire *
• application/web-application *
• registration form/ web-registration *
• a job application
• a clause in a contract
• an offer, agreement-application
• a utility services contract
• an Association of Co-owners of an Apartment Building contract
• a separate document proving consent of an individual
• a separate document providing consent of a legal entity

«Credit report of an individual/entrepreneur» Plan: