Registration & Data Security

• What is KYC and why is it important?

KYC (Know Your Customer) is  a process required by the Central Bank to validate your information when we open a bank account for you

• Will beneficiaries KYC information be shared with other parties?

Your KYC information will be handled securely and only shared with relevant parties such as Central Bank, for regulatory compliance and in accordance with data protection laws

• Can beneficiaries update their KYC information before their account opening?

No, you can only fill KYC information directly through the onboarding agents

• What documents do beneficiaries need to open an account?

You will need to provide a valid government-issued ID (i.e., passport or national ID)

• Is the Beneficiaries' data protected?

Yes, your data in protected. The "My Account" project adheres to strict data security and privacy standards to protect beneficiaries including secure communication channels, encryption, access controls, and regular audits