KYC Procedure & Policy

The KYC Procedure & Policy

In the financial industry, it is common for companies to ask their clients to complete a KYC check. KYC stands for Know Your Customer. The KYC procedure is designed to help companies better understand their customers’ needs. It also enables companies to verify a client’s identity and ensure that the services on offer are appropriate for that client.

The KYC procedure has many advantages. Firstly, it helps ensure that companies have all the personal information they need to be able to provide a service, such as the client’s name, address and contact details. Secondly, it helps companies to better understand a client’s financial circumstances and their investment goals. This, in turn, helps companies to offer suitable products and ensure that clients get the best possible service.

It is worth noting that if you would like to access our portfolio management services, you will be required to complete a KYC as part of the registration process. Rest assured, the process is very simple and can usually be completed online within a matter of minutes.

KYC POLICY

Know your customer policies have become increasingly important worldwide lately, especially among banks and other financial institutions, in order to prevent identity theft, money laundering, financial fraud and terrorist activity.

BesstPoint Capital House holds a zero tolerance fraud policy, and is taking all measures possible to prevent it. Any fraudulent activity will be documented and all related accounts to it will be immediately closed. All funds in these accounts will be forfeited.

Prevention:

BesstPoint Capital House aims to ensure the integrity of any sensitive data it obtains, such as your account information and the transactions you make, using a variety of security measures and fraud controls. Securing your electronic transactions requires us to be provided with certain data from you, including your preferred deposit method.

When you deposit funds, we will require the following documents:

A colored copy of your valid passport with the signature page
Colored Copies of your credit cards, used to make the deposit (Front side with only the last 4 digits visible, back side with the CVV covered).
A copy of a recent utility bill OR copy of your bank statement OR any document issued by the governmental authorities of your country of residence with your name and complete address.

If you have any questions please don’t hesitate to contact our customer support: support@besstpointcapital.com

When do I need to provide these documents?

We highly appreciate you taking the time to provide us with all the necessary documents as soon as you can, in order to avoid any delays in processing your transactions. We require the receipt of all the necessary documents prior to making any cash transactions to your benefit.

How can I send you these documents?

Please scan your documents, or take a high quality digital camera picture, save the images as jpegs, then send it to us via mail to support@besstpointcapital.com

How do I know my documents are safe with you?

Please scan your documents, or take a high quality digital camera picture, save the images as jpegs, then send it to us via mail to support@besstpointcapital.com

BesstPoint Capital House holds the security of documentation at highest priority, and treats all documents it receives with utmost respect and confidentiality. All files we obtain are fully protected using the highest level possible of encryption at every step of the review process.

We thank you for your cooperation in helping us make BesstPoint Capital House a safer place to work with.

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