KYC Refresh

Document upload

Below you can find more information regarding the documents accepted as POSOW:

  • Business Profits: Financial assets gained from the company’s primary business operations after total expenses are deducted.
  • Investment Income: Assets derived via interest payments, dividends, or capital gains through personal/business investment related activities in various markets into crypto.
  • Private Equity/Venture Capital: Funds raised through investors such as collective/pooled investment funds, venture capitalists, and angel investors.
  • Family/Generational Wealth /Inheritance: Financial assets owned by family or generational wealth obtained through inheritance.
  • Personal Savings/Retirement: Funds that are maintained and aggregated over time after personal spending, living expenses and taxes and/or funds derived from disbursements from pension/retirement benefits, federal/social security, annuities, individual retirement accounts such as 401K or equivalent.
  • Liquidation of an Asset: Funds derived from the sale of a non-liquid asset such as business shares/holdings, stocks, bonds, real estate, etc.
  • The document should show an issue date within the last 90 days.
  • Acceptable documents include Business Bank Statements, Financial Agreements or Investment Records and Accountants Letter stating assets.
  • For more information regarding acceptable POSOF documentation, please refer to this article.
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