KYC and AML user tiers policy
Online KYC policy - personal accounts
New account | Identity verified | IBAN verified | |
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Fiat deposits | |
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Fiat withdrawals | ![]() |
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Crypto deposits | |
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Crypto withdrawals | ![]() |
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Exchanges | ![]() |
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Receive affiliate rewards | ![]() |
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Online KYC policy - corporate accounts
New account | Identity verified | IBAN verified | |
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Fiat deposits | |
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Fiat withdrawals | ![]() |
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Crypto deposits | |
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Crypto withdrawals | ![]() |
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Exchanges | ![]() |
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Receive affiliate rewards | ![]() |
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AML & Proof of Funds levels - personal accounts
1 | 2 | 3 | 4 | |
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Threshold amount | 10,000 | 20,000 | 100,000 | unlimited (*) |
Confirmed email | |
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Phone number | |
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ID Document front | |
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FIAT Bank statement | |
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Selfie with ID and message | |
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Document declaring source of funds | |
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Document proving source of funds | |
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Document proving extended source of funds | |
AML & Proof of Funds levels - corporate accounts
1 | 2 | 3 | 4 | |
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Threshold amount | 10,000 | 20,000 | 100,000 | unlimited (*) |
Confirmed email | |
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Phone number | |
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ID Document front | |
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FIAT Bank statement | |
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Selfie with ID and message | |
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Document declaring source of funds | |
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Document proving source of funds | |
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Document proving extended source of funds | |
Notes:
- All amounts are in EURO and apply only to FIAT balances.
- For non-EUR balances the amounts are converted to EUR at the daily official exchange rate before adding to your AML limits
- All thresold amounts are summed up on a per-year basis. (ie. for Level 2 you may deposit up to 20,000 in 2021 and again up to 20,000 EUR 2022)
- The threshold amount is counted separately for deposits and withdrawals. (i.e. for Level 2 an account and deposit up to 20,000 and separately withdraw up to 20,000 EUR)
- (*) based on the documents provided by you a limit will be set by our AML officer. You may ask to increase that limit at any moment, by providing documents for other funding sources.
A Proof of Sources of Funds (POSOF) is any (collection of) document(s) that explains where the funds used for a fiat deposit originated and where the crypto assets used for a fiat withdrawal originated.
Any POSOF document submitted needs to cover all deposits or withdrawals via that particular funding method.
Acceptable Individual POSOF:
- Tax Return (last two taxable years)
- Letter from Bank/Accountant stating assets
- Bank statement and/or equities statement
- Paystub(s) showing previous two years income
- An accountant’s letter stating a client’s real estate holdings and inheritance suffice for net worth
For High Limits Only in Level 4:
- If holding wealth on another exchange: an account statement or proof of balances letter.
- If holding wealth on a private wallet: sign a message using your cryptocurrency address.
Acceptable Corporate POSOF
- Audited Financials
- Tax Return (last two taxable years)
- Bank or Brokerage Letter Stating Assets
- Standardized statement from a digital asset exchange
- Proof of balance at crypto exchange(s)
- Signed message on crypto wallet