Know Your Customer (KYC) Policy

To protect our customers and comply with regulations, Number1 may require identity verification for certain transactions.

When KYC Is Required

• Large or high-risk transactions.
• Transactions flagged during monitoring.
• Regulatory obligations by jurisdiction.

Documents We May Request

• Government-issued ID (passport, national ID, driver’s license).
• Proof of address (utility bill, bank statement).
• Selfie or live verification for identity confirmation.

How Documents Are Used

Documents are encrypted and stored securely. They are used only for verification and compliance and are not shared except when required by law.

Consequences of Failing KYC

Failure or refusal to provide required documents may result in delayed, restricted, or canceled transactions and potential account limitations.