A risk based approach to user management by United Coin as it has a three tiered verification strategy that freedoms your account for trading as more identifying documents are provided by users.

Level 1 - Verifying User Details

Authorized Services

Receive Limit/Send Limit: 500 USD or equivalent per month

Requirements:

• Name
• Date of birth
• Address
• Phone no

Level 2 - Verify Identity

Authorized Services

Receive Limit: No Limit

Send Limit: 10,000 USD or equivalent per month

Requirements

• Photo ID or passport
• Proof of Address:
• Bank or Credit Card Statement (Not older than 3 months) or
• Utility Bill or Phone Bill (Not older than 3 months)

Level 3 - Verifying Organization

Authorized Services

Receive Limit: No Limit

Send Limit: 25,000 USD or equivalent per month

Corporate Requirements

• Articles of incorporation.
• UBO
• Shareholders and Directors KYC.
• Any additional account users KYC (if different than above)
• Ownership and Control Structure.
• Bank Letter of Good Standing.
• Address Proof, etc.
• Completed Source of Funds form.

Individual High Value Account Requirements

Level 2 - Requirements PLUS:

• Completed Source of Funds form.
• Supporting documentation in relation to source of funds e.g. job letter, pay slip, etc.

Additional information

Account verification may be Refused for some reason and reason for refusal may not be provided.