What are the requirements for each KYC level on Moniepoint?

Level 1:

• Requirement: Provide your correct BVN (Bank Verification Number) or NIN (National Identification Number) upon successful signup.
• Note: Without this information, your account will remain at Level 0.

Level 2:

• Requirements:
  • Provide your NIN or BVN (if not already provided).
    Please ensure that the information, such as names and date of birth, matches on both NIN and BVN.
  • Submit your Next of Kin details.

Level 3:

• Requirements:
  • Submit/upload your proof of address. Ensure that the address matches the one in our system. If providing a utility bill, it must be dated within the last 3 months.
  • Sign an indemnity agreement.
  • Obtain approval for your proof of address.

Corporate Account (Available Only on Moniepoint Business)

Business Details Approval:

• Business Registration Type
• RC Number (Registration Certificate Number)
• Business Legal Name

Supporting Documents:

• TIN (Tax Identification Number)
• Memorandum and Articles of Association
• Board Resolution
• CAC (Corporate Affairs Commission) Documents
• Attestation