At TransferGo, compliance with financial regulations is our top priority. We adhere to guidelines from HMRC, FCA, and the Bank of Lithuania (BOL), including mandatory KYB ("Know Your Business") checks for all businesses on our platform.
These KYB checks verify the identities of businesses and their key personnel, such as directors and shareholders, requiring ID documents for transparency.
This thorough information gathering helps us prevent illicit activities. Your cooperation in providing these documents is vital for a secure financial environment.
During registration, please provide the following information for directors and shareholders:
- ID proof of Authorised Business Users (e.g., passport)
- business identification documents (registry extract, Articles of Association if applicable)
- documents showing organisational structure and ownership
- other supporting information
We may also request proof of funds, address, or residence.
All information will be handled securely in line with the General Data Protection Regulation. We are committed to fair, transparent services while meeting regulatory standards.