You only need to confirm your identity if you are looking to hold assets. If you're simply making a payment to someone, you won't need to verify anything further.
If you do wish to hold assets and make withdrawals, you'll need to verify your identity in accordance with federal regulations under the Bank Secrecy and USA PATRIOT Act, regardless of whether they will use banq for business or individual purposes. This is done to prevent fraud and money laundering. We pride ourselves on being safe for you to do business with!