Know Your Customer (KYC) Policy

Overview

The Know Your Customer (KYC) policy is an integral part of Royal Forex's compliance framework. It ensures we verify the identity of our clients and understand their financial activities to prevent fraud and financial crimes.

Identity Verification Requirements

To open and maintain an account with Royal Forex, clients must provide:

• Government-issued photo ID (passport, national ID card, or driver's license)
• Proof of address (utility bill, bank statement, or lease agreement dated within the last 3 months)
• Selfie verification matching the provided ID

Verification Process

Our verification process is completed within 1-2 business days. Once documents are submitted, our compliance team reviews them for authenticity and completeness. You will be notified via email once verification is complete or if additional information is required.

Ongoing Monitoring

We conduct ongoing monitoring of client accounts and may request updated KYC information periodically. This helps us ensure that our records remain accurate and that our services are not being misused.

Failure to Comply

If a client fails to provide the required KYC documentation or if we identify discrepancies, we reserve the right to suspend or close the account and return the remaining funds (subject to compliance checks).