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KYC/AML Requirements

Compliance requirements for verification

Updated over 5 months ago

TX3 Funding requires KYC (Know Your Customer) verification for all users before they are eligible for payouts. This process is essential for ensuring compliance with Anti-Money Laundering (AML) policies and maintaining a secure trading environment.

When is KYC Required?

KYC verification is required only when you request your first payout. It is not necessary during the initial registration process. Every user must complete KYC once, and only one verified profile per individual is allowed.

Documents Required for Verification

To complete the KYC process, you will need to provide the following:

Document Type

Examples

Proof of Identity (PoI)

Passport, Driver's License, National ID Card

Proof of Address (PoA)

Bank Statement, Utility Bill (gas, electricity, water, internet), Lease Agreement, Credit Card Statement

Live Selfie

A live photo or recording that matches your submitted Proof of Identity

Verification Guidelines

  • Proof of Identity: Submit a clear live photo of an official ID, such as a passport or driver’s license. The document must be valid and not expired.

  • Proof of Address: Submit one of the approved documents (e.g., utility bill or bank statement) that is dated within the last 3 months. The PoA document must be different from the Proof of Identity.

  • Live Selfie: A live selfie or recording is required to match the provided Proof of Identity to verify your identity in real time.

AML Screening

All users undergo Anti-Money Laundering (AML) screening as part of the KYC process to prevent fraudulent activities. This includes checks against:

  • Global sanctions lists (e.g., OFAC, UN, HMT, EU)

  • Politically Exposed Persons (PEP) lists

  • Adverse Media and restricted country databases

Restricted Countries

TX3 Funding does not serve users from certain restricted countries due to sanctions, embargoes, or regulatory restrictions. Users from these countries are not eligible to create accounts or participate in trading activities.

KYC Rejection and Re-Submission

If your KYC documents are declined, you will need to provide an alternative document from the approved list. Make sure that all documents are clear and meet the specified requirements to avoid delays in verification.

Why KYC and AML Matter

KYC and AML policies help TX3 Funding maintain a secure and compliant trading environment for all participants. These procedures are designed to prevent financial crimes, including money laundering and fraud, ensuring a safer experience for our community of traders.

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