User Identity Verification Clause Samples
User Identity Verification. With registration on the Platform and obtaining access to your created Personal Cabinet, you agree to share User Account Data requested for the purposes of identity verification. Identity Verification is a required procedure for all existing and new Users under Money Laundering Regulations. Account Top- Up and Withdrawal of Funds will be blocked on User Account until successful User Identity Verification procedure is performed for such User Account. Herewith, NBN BROKER reserves the right to limit the Platform functionality altogether to the Users who have not successfully passed User Identity Verification process. The information required under User Identity Verification procedure is used specifically for the detection of money laundering, terrorist financing, fraud and other financial crimes performed on the Platform. We will collect, use and share such information in accordance with our Privacy Policy. In addition to providing such information, in order to facilitate compliance with global industry standards for data retention, you agree to permit us to keep a record of such information for the lifetime of your Personal Cabinet plus 5 (five) years after Account termination. You also authorize us to make inquiries, either directly or through third parties, that are deemed necessary to verify your identity or to protect you and/or us against financial and other crimes such as fraud. In providing the information required in accordance with Clause 3.2 and this Section 3, you confirm that it is accurate and authentic. You also guarantee the such information is truthful, complete and will be updated in a timely manner subject to any changes to it. If there is any reasonable doubt that any information provided by you is wrong, untruthful, outdated or incomplete, NBN BROKER shall have the right to send you a notice to demand corrections, remove relevant information directly and, as the case may be, terminate all or part of the Services available to you. You shall be solely and fully responsible for any loss or expenses incurred during the use of Service if you cannot be reached via User Account Data provided to NBN BROKER. You hereby acknowledge and agree that you have the obligation to keep all information provided up to date if there are any changes. By your registration at the Platform and obtaining for use your Personal Cabinet you authorize NBN BROKER to make inquiries, whether directly or through third parties, that NBN BROKER considers necessary, to veri...
User Identity Verification. 3.5.1. For the purpose of verifying the provided Identification Data or other data or documents, FUMBI is entitled to take all steps necessary to verify the identity of the User and the identity of end users of the User's benefits, take the necessary steps to protect against fraud, money laundering, terrorist financing or any other illegal activities, either directly or through a third party.
3.5.2. FUMBI reserves the right to verify the veracity and completeness of data and/or documents provided by the User for the purpose of verifying the User's identity.
3.5.3. FUMBI will examine whether the data, documents or other information that it is obliged to take over under the Agreement comply with the conditions of the Agreement. However, FUMBI is not responsible for the veracity, validity and translation of these documents or for the conformity of the content, nor for the truthfulness, correctness and completeness of the information contained therein.
User Identity Verification. 4.3.1. You acknowledge that Cassava may require you to provide personal information and other for identity verification in order to provide the full extent of Cassava Services. The collection, use and sharing of any such information shall be governed by the KYC/AML Policy which may be published and/or updated from time to time.