CRYPTOBLOCK S.L.
VERIFICATION REQUIREMENTS FOR INDIVIDUALS CLIENTS AML/KYC
To verify or register a indivduals clients in an exchange, a series of documents are required to access the OTC service of the exchange, requesting it to send a series of documents depending on each client. In order to buy Bitcoin for more than $100,000, it is essential to present all these documents.
The documents must be sent in digital format to our company for later delivery to the exchange and complete the verification process with an estimated time of 1 to 5 days.
The documents required by the exchange are essential to comply with the Know Your Customer (KYC) and Anti-Money Laundering (ALM) requirements of the United States. Our company has been eradicated in the European Union, and in order to comply with the (ALM) and due to changes in legislation, other documents may be required. In that case, you will be notified.
Important Notice:
All exchanges require the name of the bank account to have the exact name of the natural or legal person being verified, this is an essential requirement for exchanges to accept money sent by bank transfer.
AML/KYC
Valid Government Issued ID Document
Valid documents include:
- Passport
- Drivers license
- National identity card (front + back)
Other valid government-issued ID may be accepted if it has your full legal name, photo, date of birth, and issue and expiry dates all on the front of your ID.
Firearm licenses are not accepted.
For US clients, only US govt.-issued IDs are accepted for USD funding.
Please make sure that your ID photos/scan meet these mage requirements.
Proof of Residence Document
Proof of residence documents must contain your name, address, and be dated less than 3 months ago from the date of submission.
Valid documents include, but are not limited to:
- Bank statement
- Credit card statement
- Utility bill (water, electricity, gas, internet, phone)
- Payroll statement -or- Official salary document from employer
- Insurance statement
- Tax document
- Residence certificate
For documents in languages that use non-Latin characters (such as Russian, Chinese, Thai, Hebrew, etc.), a notarized translation of your proof of residence document will greatly speed up processing time.
(3) Valid SSN (Social Security Number) or ITIN (Individual Taxpayer Identification Number) (US clients only)
(4) ID Confirmation Photo (certain countries only)
Purpose of Account
• Why would you like a Pro account? Please check at least one--indicate
with an X next to it. Please do not highlight or bold your answers.
o Higher margin borrow limits
o Higher API rate limits
o Higher deposit limits
o Higher withdrawal limits
o Other (please explain):
• Are you creating this account on behalf of a 3rd party (If yes you
will need to apply as a corporate client)?
No
• Do you intend to use your account as a bitcoin reseller or reseller of
other digital assets as a business (If yes you will need to apply as a
corporate client)?
No
• Do you intend to deposit/withdraw fiat (USD, EUR, etc.)? If yes, in
which country is your bank account?
• If you will be withdrawing USD to a bank account located
in the US, what are your expected annual withdrawals?
Employment
• Employer (If self-employed, please describe your self-employment):
• Title/Position (Please explain in detail to ensure a faster
verification process):
Financials
• Liquid net worth (please check one):
o $0 - $500,000
o $500,001 - $2,000,000
o $2,000,001 - $5,000,000
o $5,000,000 - $10,000,000
o $10,000,001+
• Net worth (please check one):
o $0 - $500,000
o $500,001 - $2,000,000
o $2,000,001 - $5,000,000
o $5,000,000 - $10,000,000
o $10,000,001+
• Sources of Wealth (please check at least one):
o Investments
o Employment income
o Inheritance
o Other (please explain):
• Trading experience (please check one):
o < 5 years
o > 5 years and < 10 years
o > 10 years
Expected sum of monthly deposits (please also specify currency):
• Expected sum of monthly withdrawals (please also specify currency):
• Expected monthly trade activity (number of trades):
• Do you plan to engage in arbitrage trading?
• Do you plan to engage in margin trading?
No
PEP
• Are you a politically exposed person? e.g – A senior military,
government, or political official, or the relative or associate of such
an official?