The key to achieving compliance with AML (Anti-Money-Laundering) and CFT (Combating the Financing of Terrorism) laws, is the process of KYC (Know Your Customer). However, this can get cumbersome in most cases.
Luckily, now we’re offering you an optimized process that is better than ever because of our recent partnership with Sum & Substance, a leading AML compliance and anti-fraud provider. This means that you will be able to verify your identity automatically in minutes, so you can start trading whatever you want from the Alfacash Store platform, with top-of-the-line security, staying compliant with regulatory demands.
Sumsub’s platform is equipped with semi-automatic verification tools, as well as tools that require human review, which are all compliant with the current Estonlian legislations regarding non-face-to-face customer identification. In short, they offer expert knowledge, enhanced with AI and machine learning capabilities.
This partnership will allow us to quickly offer you the best service and support, in addition to giving you the confidence to trade cryptocurrency without any legal issues and effort.
Useful new features
Available everywhere, supporting 6,500+ types of documents from 220+ countries and territories
100% automated verification, completed in less than 3 minutes.
Only a couple of documents and requirements, accessible from your phone.
Fully compliant with the EU’s 5th AML Directive (about virtual currencies) and Estonian AML laws.
Secure personal data protection under European legal regulations (GDPR).
24/7 Support team, ready to help with verification in case of any difficulties.
What will the process itself be like?
Easy and fast: start by completing our friendly questionnaire and wait 1-3 minutes for the verification to complete.
You’ll only need your ID, phone number, proof of address, and a selfie.
Once you have passed Sumsub’s automatic checks, you’ll be able to start trading cryptocurrencies almost immediately while enjoying our special programs and discounts!
Implementing useful, friendly and fast KYC procedures is a top priority this year for our crypto-licensed business. Cryptocurrencies are evolving and adapting to our everyday lives, so we must welcome them with trust and efficiency.
Let’s take on this amazing journey together!
