Login
Register

KYC

Home / KYC

At MoneraCap, we are committed to maintaining the highest standards of integrity and security in our trading platform. Our Know Your Customer (KYC) policy is a fundamental component of our efforts to prevent financial crimes, ensure regulatory compliance, and protect our users. The KYC process involves verifying the identity of our clients to ensure that we are dealing with legitimate users and to mitigate risks associated with fraud and illegal activities.

Purpose of KYC

The primary purpose of KYC is to verify the identity of our clients to prevent activities such as money laundering, terrorist financing, and identity theft. By collecting and reviewing specific documentation, we can confirm that our clients are who they claim to be and assess the risk associated with their trading activities. This process helps us maintain the security and trustworthiness of our platform.

KYC Requirements

When you register for an account with MoneraCap, you will be required to complete the KYC process. This involves providing certain personal and financial information, as well as submitting identification documents. The typical documents required include:

  1. Proof of Identity: A government-issued photo ID, such as a passport, driver’s license, or national ID card. This document should clearly display your name, photograph, and date of birth.
  2. Proof of Address: A utility bill, bank statement, or other official document that verifies your residential address. The document should be recent and display your name and address clearly.
  3. Proof of Financial Status: Depending on the nature of your trading activities, we may require additional documentation to verify your financial status. This could include bank statements, income statements, or other financial records.

Submission Process

To complete the KYC process, you will need to upload the required documents through our secure online portal. Ensure that all documents are clear and legible to avoid delays in verification. Once submitted, our compliance team will review the information and documents provided. This review process is designed to be thorough yet efficient, and we aim to complete the verification within a reasonable timeframe.

Verification Process

To complete your verification with MoneraCap, follow these steps:

  1. Access the Verification Section: Log in to your MoneraCap account and navigate to the “Verification” section, located under the “Account” tab in the top right corner of the platform.
  2. Initiate the Verification Process: Review the terms and conditions, then click on “Begin Verification” to start the process.
  3. Select Account Type: Choose “Individual Account” from the available options.
  4. Specify Your Country of Residence: Select your current country of residence from the provided list.
  5. Indicate Verification Reasons: Check all applicable reasons for requesting account verification.

Required Personal Details

Provide the following information for verification:

  • Full Name: Enter your complete name as it appears on your official documents.
  • Permanent Address: Provide your current permanent address, including the postal code.
  • Date of Birth: Include your date of birth.
  • Profession or Occupation: Specify your current profession or occupation.

Verification Documents

1. Identity Verification: To verify your identity, you must provide one of the following documents, which must include a photograph and be issued by a reputable authority:

  • Current Valid Passport
  • Government-Issued Photo ID Card
  • Current Valid Driving License

2. Address Verification: In addition to verifying your name, you must also provide proof of your current permanent address by submitting one of the following original documents:

  • Recent Utility Bill
  • Local Tax Authority Bill
  • Bank Statement
  • Telephone Directory Listing
  • Credit Card Monthly Statement

Ensure that all documents are clear, legible, and up-to-date to avoid delays in the verification process. Once submitted, our compliance team will review your documents and information. You will be notified once your verification is complete. If additional information is needed, we will contact you directly.