Why verify your account?

1 min. readlast update: 02.28.2024

Understanding the Importance of Document Verification at Excent Capital

At Excent Capital, we prioritize your safety and security while adhering to strict legal and regulatory requirements. To achieve this, we require specific documentation from our users during the account opening process. Verifying your identity and address is crucial for several reasons:

1. Regulatory Compliance: Financial regulations mandate Know Your Client (KYC) procedures to mitigate risks associated with money laundering and other illegal activities. Verifying your identity helps us fulfill these obligations.

2. Account Security: Confirming your identity and address helps safeguard your account from unauthorized access and potential fraud. This verification process adds an extra layer of security to your Excent Capital experience.

3. Building Trust: Document verification fosters trust and transparency between Excent Capital and its users. It demonstrates our commitment to responsible financial practices and creates a secure environment for everyone involved.

 

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