KYC

What is the KYC?

KYC (Know Your Customer) is a standard set of procedures financial institutions employ to verify customers' identities and assess potential risks associated with the business relationship. This process helps safeguard against fraud, corruption, money laundering, and terrorist financing.

---

What happens in the KYC Process of Wisdomise?

Wisdomise prioritizes a safe and secure environment for everyone. To ensure this, we take KYC (Know Your Customer) seriously.

You'll verify your identity through SumSub, a secure third-party platform (this might take a few minutes, but you can proceed with wallet verification in the meantime). Our support team is happy to assist you with any questions or roadblocks you encounter during the process. Thank you for cooperating with KYC - it helps us build a secure platform for everyone.

---

Why my ID is not accepted?

Your ID may have been rejected because it lacks a Machine-Readable Zone (MRZ) code. For verification purposes, we require valid government-issued documents containing an MRZ code.

---

Do I need to proceed with KYC?

When utilizing your Binance Wallet API, rest assured that there is no need for KYC verification. KYC procedures are exclusively intended for individuals who choose to access financial services through the Wisdomise Wallet Account.