KYC Policy

KYC Policy

Last updated: 01 June 2023

All capitalized terms not otherwise defined in this document shall have the meanings ascribed to them in the Terms and Conditions.

1. Know Your Client (KYC)

1.1. You are hereby notified that WEI$ may carry out verification procedures, whether itself or through third parties. You may be requested to provide WEI$ with documents at the deposit stage and/or the withdrawal stage (or both) or at any other stage at the sole discretion of WEI$, such as a copy of Your passport or other identification documentation as part of the WEI$ KYC procedures, including but not limited to: a copy of Government Issued Photo ID (in some cases front and back depending on the doc), your selfie holding the ID doc, a bank statement or Utility Bill.

1.2. WEI$ may also request any documentation previously provided which would have later on expired or would no longer be valid for any reason, or to request any additional KYC documentation for any reason and at any time. Your Member Account may be blocked or closed if You do not provide requested information or documents or if such information or documents you provide is/are found false or misleading. WEI$ reserves the right to close Your Member Account and withhold any funds held in Your Member Account until the WEI$ verification process is complete. The verification process may take from 15 (fifteen) minutes and up to 7 (seven) days.

1.3. WEI$ may request additional information for performance of Your KYC such as Your age, identity, address and additional contact details, including Your place of residence, Your place from where You intend to access the Website, if other than Your place of residence, relevant payment information, all of which must be true and correct.

1.4. We shall have the right to make a phone call to the number provided by You in course of registration of Your Member Account, which at Our own discretion may be a necessary part of the KYC procedure. Until the full verification of Your Member Account no withdrawals, payouts (cashouts) will be processed.

1.5. We reserve the right to verify You using the services and verification systems of third parties, including Sum&Substance (https://sumsub.com).

1.6. It is Your sole responsibility to ensure that the information You provide is true, complete and correct and You hereby represent and warrant to WEI$ that the information provided is true, complete and correct.