Customer Identification Program (CIP): We require all new customers to provide valid identification documents, such as a passport, driver’s license, or national ID card. These documents are carefully reviewed to verify their authenticity.

Know Your Customer (KYC) Checks: We conduct thorough KYC checks to gather detailed information about our customers, including their name, address, date of birth, and occupation. This helps us understand the nature of their business and assess any potential risks.

Enhanced Due Diligence (EDD): For high-risk customers, we perform enhanced due diligence, which may include additional verification steps, such as obtaining information on the source of funds and conducting background checks.

Electronic Verification: We utilize advanced electronic verification systems to cross-check customer information against reliable databases. This helps us quickly and accurately verify identities while reducing the risk of fraud.

Ongoing Monitoring: After the initial verification, we continuously monitor customer transactions and behavior to detect any suspicious activities. This ongoing process ensures that we maintain up-to-date information and can respond promptly to any changes in risk.

Record Keeping: We maintain detailed records of all customer identification and verification processes. These records are securely stored and regularly reviewed to ensure compliance with regulatory requirements.