What is KYC and what does the verification process involve?

Created by Alyona Ovsiannikova, Modified on Tue, 21 Apr at 11:34 AM by Alyona Ovsiannikova

KYC stands for "Know Your Customer". It's a regulatory requirement for all licensed financial services providers. The process involves verifying your identity and address to meet AUSTRAC and ASIC compliance obligations. NAX uses a thorough KYC, KYB (Know Your Business), and KYT (Know Your Transaction) framework. Our Support team will guide you through each step. 

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