Person Verification / KYC

Regulations such as the Bank Secrecy Act/Anti-Money Laundering law (BSA/AML) is required to form a reasonable confidence on the identity of each customer. This is required to control suspicious and/or fraudulent activity on the platform.

Some Programs require Persons to be verified before opening their account, or giving them access to certain functions. To perform a Person Verification, the following information is required:

1.

For Natural Persons

  • Legal name (first and last name);
  • Complete residential address;
  • Official government ID and the ID type.
  • Date and place of birth.
  • 1.

    For Legal Persons (Currently handled offline)

  • Name, legal form, status and proof of incorporation of the legal person;
  • Permanent address of the principal place of the legal person's activities;
  • Official identification number (company registration number, tax identification number);
  • Mailing and registered address of legal person;
  • License or legal opinion from a law firm located in each country where business activity will occur or be offered to cardholders.
  • Any other documents to complete verification.

We would verify the identity of the Person through data collected, but may also request for documentary evidence or additional information. API reference

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