KYC basics for verified account documentation

When a platform asks for verified account information, it is usually trying to answer three questions: who the user is, where they live, and whether they appear on any restricted lists. The documents requested are the evidence.

The most common request is a government-issued photo ID. This can be a passport, national ID card, or driver's licence, depending on the country and the platform's risk policy.

A proof of address shows that the user lives at the address they registered with. Utility bills, bank statements, and official government correspondence are usually accepted, provided they are recent and show the full name and address.

Some platforms accept digital statements, while others still require a paper scan or a PDF with visible metadata.

A selfie check matches the user's live face to the photo ID. Liveness checks add a small movement, such as blinking or turning the head, to reduce the risk of a static photo being used.

These checks are becoming standard on retail platforms because they are fast and can be completed from a phone.

Business accounts usually require articles of incorporation, director identification, and proof of ownership. Some platforms also ask for a corporate resolution or shareholder register.

The goal is to verify that the business exists legally and that the person opening the account is authorised to act on its behalf.