Objective
WeaveBit maintains controls intended to prevent fraud, money laundering, terrorist financing, sanctions evasion, and other unlawful use of the service. Verification requirements are applied according to risk and applicable obligations.
When verification may be required
We may request verification before or during service use, when payment or account activity is unusual, when account ownership is disputed, when required by a payment provider, or when required by law.
Individual customers
Requested information may include legal name, date of birth, nationality, residential address, government-issued identification, and recent proof of address.
Business customers
Requested information may include incorporation records, registered address, directors, authorized representatives, beneficial owners, source of funds, and authorization to operate the account.
Monitoring and action
We may review account, payment, and service activity for risk indicators. We may request more information, delay or reject a transaction, restrict an account, terminate service, or report activity where required.
Record retention
Verification, payment, and compliance records may be retained for the period required by applicable law, payment partners, dispute handling, and legitimate compliance purposes.
Contact
Compliance questions may be sent to [email protected].