What is the KYB procedure?
KYB (Know Your Business) is a company verification procedure aimed at confirming its legal status, reputation and transparency of operations.
It is part of international compliance standards and helps to reduce risks when conducting financial transactions.
Why is KYB conducted?
KYB helps to:
- ensure that your business is registered and operating legally;
- assess the structure of owners and managers;
- confirm the origin of funds and the scope of the company's activities;
- prevent fraud and money laundering (within the framework of AML/CFT requirements).
How the procedure works
- You fill out a questionnaire to establish a business relationship — you provide your company details, legal address, structure and description of activities.
- You upload your founding documents and supporting evidence.
- After verification by the NBCgate compliance manager, you receive confirmation of successful completion of KYB.
Why is this important?
The KYB procedure protects not only the platform, but also the customers themselves, creating a secure environment for working with payments and partners around the world.
KYB is the foundation of long-term trust between businesses and NBCgate.
If you have any questions, our support team is always ready to help:
NBCgate — we make working with payments safe, transparent and global.
Updated on: 13/11/2025
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