KYC

XFortuit’s KYC (Know-Your-Customer) policy is crafted to ensure our adherence to relevant laws and regulations and to safeguard against the misuse of our services by third parties. Our dedication to understanding our clients enables us to deliver top-notch services while upholding the trustworthiness of our business and the financial sector as a whole.

The KYC procedure initiates once a client expresses their desire to open an account with us. We collect and validate client details, including their name, address, date of birth, occupation, source of income, and other pertinent information. Additionally, we mandate that clients furnish us with appropriate documentation as evidence of their identity and residential address, such as a passport, ID card, or driver’s license.

In the case of corporate clients, we require supplementary business particulars, encompassing the business name, registered address, registration number, administrator and beneficial owner data, along with other relevant documents.

Furthermore, we may undertake supplementary authentication procedures to ascertain the accuracy of information supplied by customers. This might entail a credit check or an examination of publicly available data sources like government records.

We also engage in ongoing monitoring of our clients’ transactions to identify any suspicious or abnormal activities. Should we detect any such activity, we have the capability to suspend the account and initiate contact with the client for further clarification.

Our commitment to KYC serves as a pivotal component of our commitment to upholding integrity and trust in our financial services. By complying with pertinent regulations and ensuring the precision and integrity of our customers’ information, we can furnish high-quality services that cater to the requirements of our clients and the broader marketplace.