How we meet global compliance standards

KYC stands for “Know Your Customer”. It is a set of procedures that are used to verify the identity of our customers and assess their risk of doing business. KYC is used to prevent money laundering, terrorist financing, fraud, and other financial crimes.

The KYC process typically involves collecting personal information from the customer, such as their name, address, date of birth, and government-issued identification documents. The information is then verified using reliable and independent sources, such as government databases or public registers.

Safe2transact complies with KYC procedures to prevent financial crimes such as money laundering, terrorist financing, and fraud. The KYC process involves verifying customer identity and assessing their risk of doing business. Safe2transact takes KYC requirements seriously and has robust policies and procedures in place to comply with regulations and protect against financial crime.