What is KYC verification and why is it necessary?
KYC is the process we use to confirm the identity of every Kinesis account holder. It allows us to review accounts quickly and securely, while maintaining a safe environment for all our users.
Financial institutions are required by law to carry out KYC checks as part of their Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) obligations. This process helps prevent identity theft, money laundering, fraud, and other illegal activity.
Until your KYC check is complete, your access to the Kinesis Monetary System will be limited.
Read our step-by-step guide to verify your Kinesis account here.