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KYC & AML

Learn about Zenit World's KYC (Know Your Customer) and AML (Anti-Money Laundering) process, which is essential for user identity verification and platform security.

KYC & AML

Know Your Customer

ZENIT WORLD is committed to exercise diligent practices when dealing with its users and conducting its businesses. Accordingly, Know Your Customer (KYC) is the first vital practice under ZENIT WORLD that all the users will be required to undergo in order to verify their identity and submit all the relevant information and documentation that can assist in our due diligence process.
The KYC process will be achieved through the integration of a fully compliant and advanced Onboarding and AML Screening system to facilitate identity verification. This system shall simultaneously provide:
a. Sanction & PEP Screening
b. Document Verification
c. Identity Verification
d. Liveness check and Face Match
e. Known Face Search
f. Video Calls and Interviews (if necessary)
g. Email, Phone and Address verification

KYC Tier Levels

Zenit World has classified its onboarding process into multiple KYC Tiers. Go for higher tiers to enjoy the benefits of significantly larger withdrawal, deposit, and exchange limits.
Details below: (All figures are in USD)
  1. 1.
    Tier Level: Silver Benefits: Increased limits per transaction – Deposit [15,000], Exchange [10,000], Withdrawals [5,000].
  2. 2.
    Tier Level: Gold Benefits: Increased limits per transaction - Deposit [100,000], Exchange [15,000], Withdrawals [10,000].
  3. 3.
    Tier Level: Platinum Benefits: Increased limits per transaction - Deposit [500,000], Exchange [20,000], Withdrawals [25,000].
  4. 4.
    Tier Level: Platinum Plus Benefits: Increased limits per transaction - Deposit [1,000,000], Exchange [50,000], Withdrawals [75,000].

AML - Transaction Monitoring

Monitoring digital asset transactions has become an integral part of digital asset platforms in order to help detect and mitigate any financial crime risks. Accordingly, ZENIT WORLD has integrated a Blockchain Monitoring Software to be able to monitor all transactions of its users, specifically, to identify the origin and destination of each digital asset and identify the direct and indirect risk levels and exposures.