Overview
In order to comply with financial standards, banking & AML (Anti-money laundering) Regulations, Anzili Pay (Paytree) requires all merchants to complete the KYC process in order to fully access its services. KYC stands for Know Your Customer that is required for our merchants to proceed with fund management features such as withdrawals.
KYC (Know Your Customer) is today a significant element in the fight against financial crime and money laundering and customer identification is the most critical aspect as it is the very first step to better perform in the other stages of the process.
It is a standard verification process which requires users to provide the following:
In addition to the standard documents, users may be required to provide proof of funds documents.
By providing these documents, you help Anzili Pay (Paytree) :
- Guarantee the security, reliability and sustainability of its services
- Protect your account from unauthorized use
- Protect your funds in your Anzili Pay (Paytree) account
You need to submit ID and address proof such as an ID, Passport or a Mode of Operation Document as KYC.
Any impact to your identity (change in name), business name, Location (address) or right to authorize(changing verified number) will need to update your KYC.