KYC - Know Your Customer
KYC or Know Your Customer or Know Your Client is one of the components of the AML process and refers to understanding clients and figuring out potential risks associated with them. This includes, among other measures, verifying your identity.
KYC is a mandatory and crucial procedure for financial institutions as well as non-financial institutions.
AML or Anti-money Laundering are legal controls that require financial institutions and other regulated entities to prevent, detect, and reportFeaturedWhat Types of Documents are Acceptable?
You will need to make a high-quality photo of your:
ID Card ( 2 sides ) - any country
Passport ( 1 side ) - any country
Driver licence ( 2 sides ) - only for European Economic Area (EEA): Austria, Belgium, Bulgaria, Croatia,Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands,Norway,Poland,Portugal,Romania, Slovakia,Slovenia,Spain, Sweden, Switzerland, Turkey.FeaturedVerification processing and rejection
The KYC process is very simple, fully automated, and usually takes less than two minutes.
Once your account is verified, you will receive a confirmation email.
****Possible rejection reasons
**Faces Do Not Match Or Missing Selfie Photo **
Please retry the identification process.
**Document Incomplete **
Part or all of the information is censored/cut out of the document
The document was not entirely submitted (missing pages, scan/picture not centered)
The docFeaturedIs It Safe to Provide You with My Documents?
Yes! Simple cooperates with a certified company, which helps us to comply with the KYC requirement for the verification process.
Our partner has:
Certified with ISO 27001 under certificate number ISO/IEC27001.1742 dated 01.09.2020
Data Protection Registration Number: ZA518341
Uses 256-bit SSL encryption 100% of the time on every device. Database is SSAE 16, ISO 27001, and PCI DSS v3.0 compliant and supports HIPAA compliance. – and this is proof that the technology that tSome readers
