Know Your Customer / Know Your Business (KYC/KYB) Policy

1. Purpose

This policy ensures that all users on WITTY are legitimate, verifiable, and operating lawful businesses, reducing fraud and regulatory risk.

2. Customer Identification

WITTY collects and verifies information including:

• Legal name and contact details
• Business registration documents
• Website and corporate email address
• Proof of recent export or import activity (where applicable)

3. Verification Process

• Initial KYC/KYB is conducted by WITTY at onboarding
• Financial KYC/KYB is conducted by licensed payment partners where payments are involved

4. Enhanced Due Diligence (EDD)

EDD is applied to:

• High-risk jurisdictions
• Complex ownership structures
• Politically exposed persons (PEPs)
• Users flagged by risk monitoring systems

5. Ongoing Review

Customer profiles are reviewed periodically and when:

• Business details change
• Risk indicators emerge
• Transaction behavior deviates materially

Contact Information

WITTY Technology Limited

Compliance & Support