KYC / AML Verification Policy for the Bravermere Trust AI Trading Platform

Bravermere Trust applies strict Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to ensure a secure platform and comply with applicable financial and regulatory standards.

Financial technology platforms and providers of digital asset services are required to implement identity verification and transaction monitoring measures to prevent illegal financial activities. These measures help detect and prevent activities such as money laundering, terrorism financing, fraud, identity theft, and other forms of financial crime.

As part of these procedures, users may be required to complete identity verification before accessing certain platform features, including deposits, withdrawals, trading functions, or other financial services.

These procedures protect both the platform and its users by ensuring transparency and regulatory compliance.

What is KYC (Know Your Customer)?

Know Your Customer (KYC) is a procedure used by financial institutions and digital asset platforms to verify the identity of their customers.

The KYC process ensures that users are real individuals and that the information provided when opening an account is accurate.

KYC procedures typically involve collecting and verifying personal identification data and supporting documents. These measures allow financial platforms to better understand their users and reduce the risk of fraud or misuse of financial services.

By implementing KYC procedures, platforms can maintain a safer financial ecosystem and meet international compliance standards.

What is AML (Anti-Money Laundering)?

Anti-Money Laundering (AML) refers to regulatory measures designed to prevent the legitimisation of illegally obtained funds.

AML frameworks require financial platforms to monitor transactions, assess risks, and report suspicious activities where applicable.

AML procedures may include the following measures:

• User identity verification
• Transaction monitoring
• Risk assessments and account reviews
• Compliance and reporting procedures

These measures help identify suspicious activity and ensure that financial systems are not used for illegal purposes.

Why Identity Verification is Required

Identity verification ensures that all users of the platform are real individuals who meet applicable regulatory requirements.

Verification procedures serve to:

• Prevent identity fraud and account misuse
• Ensure compliance with regulatory financial standards
• Protect users from unauthorised access to their accounts
• Maintain a transparent and secure financial ecosystem
• Reduce the risk of money laundering and other financial offences

These measures help ensure a secure trading environment for all users.

Required Verification Documents

To complete the verification process, you may be required to submit various documents. These documents serve to confirm the user's identity and place of residence.

Proof of Identity

Users must provide a valid, government-issued identity document.

Accepted documents may include:

• Passport
• National identity card
• Driver's licence

Requirements for identity documents:

• The document must be valid and not expired
• All information must be clearly visible
• The full document must be visible in the image
• The document must belong to the account holder

Blurry, cropped, or edited images may be rejected.

Proof of Address

In some cases, proof of residence may also be required.

Accepted documents may include:

• Utility bills
• Bank statements
• Official letters from government authorities
• Tax documents

Requirements:

• The document must contain the full name and residential address
• The document should generally be no older than 3 months
• The document must be clear and legible

Selfie or Biometric Verification

To prevent identity fraud, a selfie verification or live identity check may be required.

This step is used to confirm that the person submitting the identity document is indeed the account holder.

Selfie verification may include:

• Uploading a selfie photo
• Live verification via camera
• Biometric identity checks

These procedures help prevent the use of stolen or forged documents.

Verification Process

The identity verification process typically involves several steps.

• Step 1 – Account Creation: The user creates an account and provides basic personal information such as name, email address, and date of birth.
• Step 2 – Document Submission: The user uploads the required identity documents and, if applicable, proof of address.
• Step 3 – Automated Review: The system performs automated checks to confirm the authenticity of the submitted documents.
• Step 4 – Manual Compliance Review: In certain cases, the application may be additionally reviewed manually by our compliance team.
• Step 5 – Verification Confirmation: After successful verification, the account is granted access to platform features such as trading, deposits, or withdrawals.

Where necessary, the user may be contacted if additional information is required.

Verification Processing Time

Verification requests are typically processed within 24 to 72 business hours of submission.

Processing time may depend on several factors, including:

• Quality of submitted documents
• Completeness of information provided
• Additional security checks
• Regulatory requirements
• Volume of incoming verification requests

In some cases, additional checks may extend the processing time.

Reasons for Verification Rejection

Verification may be rejected if the submitted documents do not meet requirements or compliance obligations are not fulfilled.

Common reasons for rejection include:

• Expired identity documents
• Blurry or illegible document images
• Incomplete documents
• Conflicting personal information
• Suspicion of fraudulent activity
• Manipulated or altered documents
• Failure to meet regulatory requirements

In the event of rejection, the user may be asked to submit new or corrected documents.

Transaction Monitoring

As part of AML compliance, the platform may monitor transactions to detect unusual or suspicious activity.

This may include:

• Analysis of transaction patterns
• Detection of unusual trading activity
• Monitoring of large or high-risk transfers
• Review of transactions with suspicious characteristics

If unusual activity is detected, certain account features may be temporarily restricted until an additional review is completed.

User Responsibilities

Users are responsible for ensuring that all information and documents submitted during the verification process are accurate and authentic.

Users should:

• Provide valid identity documents
• Ensure documents are clear and legible
• Not submit manipulated files
• Update their data when personal information changes

Providing false or misleading information may result in account restriction or suspension.

Compliance and Security

Bravermere Trust maintains internal compliance procedures to ensure that the platform operates in accordance with applicable financial compliance standards.

These include:

• Identity verification procedures
• Transaction monitoring systems
• Fraud prevention measures
• Risk assessment procedures
• Internal compliance controls

These measures help ensure that the platform remains safe and trustworthy for all users.

Contact and Support

If you have questions about the KYC verification process or need assistance submitting documents, please contact our support team:

Email: [email protected]