KYC (Know Your Customer) refers to the verification and identification process of the customer’s identity. KYC is done to verify the identity and to ensure maximum safety and transaction compliance. Iskra may also ask you to complete the KYC verification for some other important services that require the customer verification.
AML (Anti Money Laundering), as a legal and institutional framework for detecting and preventing the laundering of illicit funds taking place at home and abroad, is a system for ensuring transparency and fairness of financial markets. Iskra conducts AML verification based on KYC-verified identity information.
Please refer to ‘How is the KYC done?’ for more information about KYC and AML verification.