What is KYC / AML?

  • KYC (Know Your Customer) is the process of verifying and identifying the identity of a customer to ensure a maximum safety and transaction compliance. Iskra may also ask its customers of the KYC verification for certain key services that require customer verification.

  • AML (Anti Money Laundering) is a legal and institutional framework for preventing and detecting the laundering of illicit funds, both at home and abroad, serving as a system for ensuring transparency and fairness in financial markets. Iskra conducts AML verification based on KYC verified identity information.

 

KYC / AML Verification Guide

1. Sign in to the Iskra Portal and go to Profile > Settings > Account Setting.

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2. Select a language you prefer for KYC process, agree to the Privacy Policy and start the verification process.

 

3. Perform Face Verification.

  • Either take a photo or upload a selfie.

 

4. Select the type of ID to verify.

  • Select the issuing country of the ID.

  • Select the type of ID. The following three types of IDs are available – National ID, drivering license and passport.

 

5. Select how you want to upload your ID.

  • Either take a photo or upload an existing photo of your ID.

 

6. Enter the first and last name and date of birth as on the ID.

 

7. Provide answers to additional questions.

  • Select source of funds. It means the source of funds that are used for participating on the Iskra services.

  • Enter the purpose of the transaction. Enter why you are doing the transaction on the Iskra platform.

 

8. Check the KYC/AML result.

 

9. Check the Verification Result on the Iskra Portal.