Asset VerificationCopy Anchor Link

The Asset Verification module enables businesses to validate motor vehicles, physical property, and pledged collateral in real time against official government registries, transport safety databases, and encumbrance records.

While individual (KYC) and corporate (KYB) checks verify the parties in a transaction, Asset Verification confirms the legitimacy, status, and ownership of the underlying assets—protecting businesses against phantom assets, cloned license plates, collateral double-pledging, and automotive fraud.

1. Business Impact & Industry Use CasesCopy Anchor Link

Asset Verification serves as a critical risk-mitigation layer across high-value sectors:

2. Supported Asset Verification ChannelsCopy Anchor Link

Prembly connects directly to authoritative transport and property registries across Africa and globally:

Vehicle & Collateral ChannelsCopy Anchor Link

• Plate Number Verification (Nigeria): Real-time lookup with the Federal Road Safety Corps (FRSC). Validates license plate numbers, vehicle status, registration date, and basic make/model details.
• Plate Number Verification Advance (Nigeria): Extended registry verification providing comprehensive vehicle specifications (engine number, chassis number, color, model) paired with registered owner demographics.
• VIN & Chassis Verification (Nigeria): Deep lookup against national motor records using the unique Vehicle Identification Number (VIN) or chassis number to verify vehicle pedigree and assembly records.
• Vehicle Plate Verification (Kenya): Real-time query to Kenya's National Transport and Safety Authority (NTSA). Retrieves official vehicle registration records, make, body type, and licensing data.
• Kenya Vehicle Collateral Check: Searches the official collateral registry to determine whether a vehicle is currently encumbered, pledged as loan security to a financial institution, or restricted by legal caveats.

Location & Property AssetsCopy Anchor Link

• Address Geolocation (Global): Validates physical addresses against global GIS mapping systems, returning precise latitude/longitude coordinates and structural boundary matching.
• Address Verification (Nigeria): Combines digital address mapping with on-the-ground agent field verification to physically inspect residential and commercial properties.

3. Initiating an Asset VerificationCopy Anchor Link

You can execute asset verifications manually via the Prembly Dashboard or programmatically through our REST API.

Option A: In-App Dashboard OperationsCopy Anchor Link

Navigate to Products > Verification > Assets (/dashboard/assets) in your Prembly Console to access four specialized operating views:

1. Overview Tab: Visualizes real-time metrics, total asset checks executed, success/failure distribution, and monthly asset verification volume.
2. Single Verification Tab: An interactive lookup form for immediate, on-demand verification of a single vehicle or asset record. Select the target country and asset service, enter the identifier (e.g., plate number or VIN), and click Submit.
3. Bulk Verification Tab: Upload batch .csv or .xlsx files containing hundreds of asset records (ideal for fleet managers auditing entire vehicle pools or lenders reviewing loan portfolios).
4. Reports Tab: A comprehensive audit ledger listing historical asset checks with searchable reference IDs, inspection timestamps, and exportable PDF/CSV reports.

Option B: Verification Services REST APICopy Anchor Link

For backend and programmatic workflows, dispatch direct HTTP requests to the respective asset endpoints.

1. Vehicle Plate Lookup (Nigeria)Copy Anchor Link

POST https://api.prembly.com/api/v1/verification/api/vehicle/
X-API-Key: <your_api_key>
Content-Type: application/json

{
  "vehicle_number": "KSF123AB"
}

2. VIN & Chassis VerificationCopy Anchor Link

POST https://api.prembly.com/api/v1/verification/api/vin_chassis/
X-API-Key: <your_api_key>
Content-Type: application/json

{
  "vin": "2ABCD10048H531234"
}

3. Vehicle Collateral & Encumbrance Check (Kenya)Copy Anchor Link

POST https://api.prembly.com/api/v1/verification/api/vehicle_collateral/
X-API-Key: <your_api_key>
Content-Type: application/json

{
  "serialno": "KDA123A"
}

4. Understanding Asset Report DataCopy Anchor Link

Asset verification reports return a structured payload dividing asset data into three distinct verification tiers:

{
  "status": true,
  "detail": "Verification Successful",
  "response_code": "00",
  "data": {
    "vehicle": {
      "registration_number": "KSF123AB",
      "chassis_number": "2ABCD10048H531234",
      "engine_number": "ENG987654321",
      "car_make": "Toyota",
      "car_model": "Corolla",
      "year_of_manufacture": "2019",
      "body_type": "Sedan",
      "body_color": "Silver"
    },
    "owner": {
      "owner_type": "Individual",
      "first_name": "Jane",
      "last_name": "Doe",
      "id_number": "12345678901",
      "address": "12 Marina Road, Victoria Island",
      "town": "Lagos"
    },
    "regulatory_flags": {
      "inspection_status": "Valid",
      "charges": "None",
      "caveat": "None",
      "overall_status": "VERIFIED"
    }
  }
}

Key Data BlocksCopy Anchor Link

• Vehicle Specifications: Make, model, year of manufacture, body type, primary paint color, engine number, and registered chassis serial.
• Registered Owner Profile: Legal owner type (Individual or Corporate), full name, identification reference (e.g., National ID or Tax PIN), registered physical address, and contact details.
• Regulatory & Financial Flags:
  • Inspection Status: Road-worthiness and mechanical certification validities.
  • Charges / Liens: Details any existing commercial loan security or chattel mortgage registered against the vehicle.
  • Caveats: Identifies legal stops, court injunctions, or regulatory holds preventing vehicle transfer or registration renewal.

5. Result Codes & Decision HandlingCopy Anchor Link

Every asset check returns a deterministic response code: