Propriotec
Tasks

Processing KYC

Reviewing identity verification documents

Processing KYC

KYC (Know Your Customer) verification ensures traders are who they claim to be before receiving funded accounts. This page covers the KYC review process.

KYC Requirements

Traders typically submit:

  • Government ID - Passport, driver's license, or national ID
  • Proof of Address - Utility bill or bank statement
  • Selfie - Photo holding their ID

Review Process

When reviewing KYC submissions:

  1. Verify Document Authenticity - Check for signs of tampering or forgery
  2. Match Details - Ensure name and DOB match account registration
  3. Check Photo Match - Verify selfie matches ID photo
  4. Address Verification - Confirm proof of address is recent and valid

Actions Available

  • Approve - Accept the KYC and move to Awaiting Live
  • Reject - Request new documents with specific reasons
  • Flag for Manual Review - Escalate suspicious submissions

Common Issues

Watch out for:

  • Blurry or unreadable documents
  • Expired IDs
  • Mismatched names
  • Documents from sanctioned countries
  • Signs of document editing or manipulation

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