The Financial Intelligence Centre Act 38 of 2001 requires all financial institutions (banks, exchanges, building societies, etc) to complete KYC (Know Your Client) procedures to verify the identity of their clients. These measures are intended to prevent money laundering.


In order to support and voluntarily comply with these regulations, we have to ask you to provide your personal details (names, ID number, date of birth, residential address) and proof documentation (scan of ID book, proof of residence etc). We check these details against an independent source (Credit Data).