At TransferGo, compliance with financial regulations is essential. We follow HMRC, FCA, and Bank of Lithuania (BOL) regulations, including mandatory KYB ("Know Your Business") checks for all onboarded businesses.
KYB procedures, mandated for banks and financial institutions, verify the identities of businesses and their key personnel, such as directors and shareholders, by requesting IDs for transparency.
By collecting detailed information, we reduce risks linked to illicit activities. Your cooperation in providing these documents is vital for a secure and compliant financial environment.
TransferGo is dedicated to offering fair and transparent services while adhering to regulatory standards.