Should I pay a cost for KYC?
If you apply for the KYC, the first attempt is free of charge.
However, if legal team rejects your KYC for some reasons, you can apply for the
second attempt by providing the requested documents. In such a case, you may
need to pay $10 for document processing charge. In case of rejecting your KYC
in the second time, you can apply for the final attempt and you may be charged
How many times can I apply for KYC?
You have the right apply for KYC for three times. Please note that your attempts must be take place during the 90 days trial period of your account. The first attempt is free of charge, however, for reprocessing of your KYC for the second and the ...
What is KYC?
Know Your Customer (KYC) is a formal and legal procedure on all financial service providers to recognize the real person or corporate behind every user account. KYC can be processed via “Identity Verification” process which is available on your ...
Why KYC is necessary?
Doing KYC is highly recommended to every user since it clarifies the ownership of the account by a person or a corporate. Doing KYC on SynchroBit™ provides you with: · The right to own your account and its funds at any circumstances · The ...
Why my KYC is rejected?
Probably, there are one or more reasons for rejecting your KYC, including: · Invalid document(s) · Unclear document(s) · Expiry date of your document(s) · Face detection · Being the residence of one of the Restricted ...
How can I know my KYC is rejected?
If our legal team rejects your KYC, an automatic email will be sent from firstname.lastname@example.org to you. The reasons of rejecting your KYC will be mentioned in the e-mail and you need to solve them by contacting the support team at your earliest ...