KYC Verification

How individual users complete KYC (identity) verification on Devdraft, what documentation to prepare, and what happens after you submit.

Identity verification (KYC) confirms who you are before you can create virtual accounts and use banking features. This guide walks through where KYC begins, what personal information and documents are required, the document quality standards your submission needs to meet, and what happens after you submit.

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Watch: Individual KYC Onboarding: Step-by-Step Guide | Devdraft AI

Watch: Individual KYC Onboarding: Step-by-Step Guide | Devdraft AI

Watch: Individual KYC Onboarding: Step-by-Step Guide | Devdraft

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Where KYC Begins

Once your registration is complete, KYC is triggered the first time you try to use a virtual account or banking feature. The Start receiving payments on your virtual account screen explains what’s needed before you begin:

You need to complete KYC verification to create virtual accounts and use banking features.

On this screen you’ll see your available account options (for example, a USD Account), and a card showing your virtual account status with a Verify button. Tap Verify to start the KYC process.

The Verification Steps

Verification is completed over a numbered sequence of steps (shown as X/10 at the top of each screen) and covers the following.

1. Personal Details

   The first step collects your core identity information. Based on what’s confirmed later on the Review screen, this includes:

   Field	Notes
   Name	Your full legal name
   Date of birth
   Nationality
   Phone
   Tax ID

2. Your Address

   Enter your residential address exactly as it appears on your ID or Bank Statement:

   Field	Required	Notes
   Country	Yes
   Address line 1	Yes
   Address line 2	Optional	Apt, suite, or unit
   City	Yes
   State / province	Yes
   Postal code	Yes

3. Choose Your ID

   Pick the document you’ll use to verify your identity:

   Field	Notes
   Issuing country	Select the country that issued your document

   Document type, choose one:

   Document	Pages needed
   Passport	Photo page
   Driver’s license	Front and back
   ID card	Front and back
   Residence permit	Photo page

4. Upload Your Document

   Upload photos of the document you selected. The exact fields shown depend on the document type, for example, an ID card asks for both sides:

   Field	Required	Notes
   Front side	Yes
   Back side	Yes	Only for documents with two sides, e.g. ID card or driver’s license

   Ensure all details on the photo are visible and easy to read.

5. Take a Selfie

   Use your front camera so your face can be matched to your document. Before you start:

   • Face a bright light, make sure your face is well lit.
   • Remove hat and glasses, keep your whole face visible.
   • Hold still, centre your face in the frame.
6. Proof of Address

   Upload a recent utility bill, bank statement, or official document showing your residential address:

   Field	Required	Notes
   Utility bill / proof of address	Yes	Document must be dated within the last 90 days

   Any document submitted as proof of address, whether at this step or elsewhere in the flow, must be dated within the last 90 days. Older documents will not be accepted and will need to be replaced with a current one.

7. Business Details

   Tell us about your work and upload a supporting document:

   Field	Required	Notes
   Document type	Yes	Select the type of supporting document
   Occupation	Yes	e.g. Software Engineer
   Supporting document	Yes	Upload matching your document type

8. Additional Questions

   This step appears for all users, where compliance needs more detail about your funds and how you plan to use the account:

   Field	Required	Notes
   Source of funds	Yes	Select from the provided options, e.g. Salary
   Source of funds proof	Yes	Upload a supporting document. If this is a utility bill or bank statement, it must be dated within the last 90 days
   Purpose of transactions	Yes	Select from the provided options, e.g. Payments to friends or family abroad
   Explain your use of the account	Optional	Free text, e.g. “Receive freelance payments and pay suppliers.”

9. Review & Submit

   The final review screen shows everything you’ve entered, split into sections:

   Your Details (use Edit to go back and fix anything)

   • Name, Date of birth, Nationality, Phone, Tax ID, Address, Document

   Business Details

   • Document type, Occupation

   High-Risk Details (if applicable)

   • Source of funds, Purpose

   Captured, confirms each upload was received, each shown with an Added status:

   • ID document
   • Selfie
   • Proof of address
   • Business questionnaire
   • High-risk questionnaire (if applicable)

   Once everything looks correct, tap Submit for review.

10. Accept Terms

    Before your information is sent, you’ll be asked to review and accept the terms governing account connectivity and fund movement, along with the applicable Electronic Consent Agreement, Terms of Service, and Privacy Policy. Tap Accept to continue.

Submitting Verification

After you accept the terms, the app securely sends your documents for verification. You’ll see a Submitting your info screen with a loading indicator while this happens, this may take a moment.

Document Format and Quality Requirements

Uploads are accepted in the following formats:

JPG, PNG, HEIC, WEBP, or PDF, max 3 MB per file.

This applies across every upload step: your ID (front/back), selfie, proof of address, business supporting document, and source of funds proof (if applicable). Fields marked with an asterisk (*) are required, you can’t continue past that step without uploading them.

Proof of address documents, including any utility bill or bank statement used as proof of address, at Step 6 or Step 8, must be dated within the last 90 days. Documents older than 90 days will be rejected and you’ll need to upload a more recent one.

Verification Status

Before you complete KYC, your virtual account card shows a status of needing verification with a Verify button. Once you’ve submitted, your verification moves to a pending state while it’s reviewed.

Expected Review Process

After you accept the terms and submit, your identity verification goes to the compliance team for review.

What Happens if Compliance Requests Additional Information

If compliance needs more detail or an updated document to complete the review, they’ll follow up directly to request it. Respond with the requested information to keep your verification moving.