Togetherise follows a streamlined KYC (Know Your Customer) process to comply with securities regulations (including NI 45-110) and anti-money laundering (AML) requirements.
Togetherise’s KYC Process:
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Bank-Linked Identity Verification: Investors simply connect their personal bank account to the platform. Togetherise collects essential identity details (such as name, address, and date of birth) directly from the bank, using secure integration. This ensures an efficient and compliant verification process.
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AML and Transaction Monitoring: All payments must be made from a connected bank account. Similarly, any repayments are sent only to a bank account registered under the same name. This ensures a verifiable link between the investor and all transactions, in line with AML obligations.
This approach ensures regulatory compliance while providing a secure, fast, and investor-friendly experience.
