KYC & AML Policy
NaijaFunded is committed to maintaining a secure and compliant environment. This Know Your Customer (KYC) and Anti-Money Laundering (AML) Policy outlines the procedures we use to verify user identities and prevent financial crimes.
Compliance Commitment
We take identity verification and financial compliance seriously. All users may be required to complete KYC verification before receiving payouts, funded accounts, or accessing certain platform features.
Identity Verification (KYC)
To verify your identity, NaijaFunded may request valid government-issued identification, proof of address, and any additional documents necessary to confirm ownership of your account.
Required Documents
Users may be required to provide a passport, national ID card, driver's license, utility bill, bank statement, or other acceptable documents for verification purposes.
Anti-Money Laundering (AML)
NaijaFunded actively monitors transactions and account activities to detect, prevent, and report suspicious activities that may involve money laundering, fraud, terrorist financing, or other illegal activities.
Source of Funds
We reserve the right to request information regarding the source of funds used on our platform where necessary to comply with regulatory obligations and internal compliance procedures.
Account Restrictions
Accounts with incomplete, inaccurate, or suspicious verification information may be restricted, suspended, or permanently terminated pending investigation and review.
Monitoring & Investigations
NaijaFunded reserves the right to conduct ongoing monitoring of user accounts and investigate unusual activity. We may cooperate with law enforcement agencies and regulatory authorities when required by law.
Record Retention
Verification records and compliance-related information may be retained for a reasonable period as required for legal, regulatory, operational, and security purposes.
User Responsibility
Users are responsible for providing accurate and up-to-date information during the verification process. Submission of false, misleading, or fraudulent information may result in immediate account termination.
Policy Updates
NaijaFunded reserves the right to update this KYC & AML Policy at any time. Continued use of our platform constitutes acceptance of any revised policy.