Korven One Know Your Customer (KYC) Policy

Korven One is committed to maintaining a secure, trusted, and compliant financial platform. This Policy establishes the standards and procedures used to identify, verify, monitor, and manage customer identities across Korven One products and services.

The purpose of this Policy is to:

• Verify customer identity
• Reduce fraud
• Prevent financial crime
• Support AML compliance
• Support regulatory requirements
• Protect the Korven One ecosystem

This Policy applies to:

• Individual Users
• Wallet Users
• Merchants
• Business Accounts
• Marketplace Operators
• Developers (where applicable)
• Agents
• Partners

Korven One follows the following principles:

• Identity Verification
• Risk-Based Verification
• Continuous Monitoring
• Secure Data Handling
• Compliance Readiness
• Fraud Prevention

Korven One may collect:

Basic Information

• Full Legal Name
• Date of Birth
• Email Address
• Phone Number
• Country of Residence

Identity Information

• Government-issued ID
• Passport
• Driver's License
• National Identification Card

Additional Information

• Address Information
• Selfie Verification
• Device Information

Business accounts may be required to provide:

• Business Name
• Registration Documents
• Tax Information
• Business Address
• Ownership Information
• Authorized Representatives

Korven One may request additional documents when necessary.

Level 1 — Basic Verification

Requirements:

• Email Verification
• Phone Verification

Access:

• Limited functionality
• Low transaction limits

Level 2 — Identity Verification

Requirements:

• Government ID
• Selfie Verification

Access:

• Increased transaction limits
• Wallet functionality
• Merchant services

Level 3 — Enhanced Verification

Requirements:

• Address Verification
• Additional Documentation

Access:

• Higher limits
• Business services
• Advanced financial services

Korven One may require Enhanced Due Diligence for:

• High-risk customers
• High transaction volumes
• Cross-border activity
• Politically Exposed Persons (PEPs)
• Certain industries

Additional verification may include:

• Source of Funds
• Source of Wealth
• Additional Documentation
• Manual Compliance Review

Korven One may monitor:

• Customer behavior
• Transaction activity
• Device activity
• Risk indicators
• Account changes

Verification may be updated periodically.

Korven One may require customers to reverify information when:

• Information changes
• Risk increases
• Suspicious activity is detected
• Compliance requirements change

Korven One may use:

• Device Fingerprinting
• Behavioral Analysis
• Identity Verification Tools
• Document Verification
• Selfie Verification
• Risk Scoring Systems

to prevent fraud and identity abuse.

Korven One may:

• Restrict accounts
• Limit functionality
• Suspend transactions
• Request additional documentation

where verification requirements are not met.

Korven One may decline or terminate accounts where:

• False information is provided
• Fraud is suspected
• Verification cannot be completed
• Compliance concerns exist

Identity information is protected through:

• Encryption
• Access Controls
• Audit Logging
• Security Monitoring

Sensitive information is handled in accordance with Korven One Privacy Policy and Security Standards.

Korven One may retain verification records, audit records, and supporting documentation as required by applicable laws, regulations, and compliance obligations.

Customers must:

• Provide accurate information
• Update information when necessary
• Respond to verification requests
• Protect account credentials

Failure to comply may result in service restrictions.

Korven One Compliance Team may:

• Review customer profiles
• Review risk scores
• Conduct manual investigations
• Approve or reject verification requests

Korven One may use approved third-party providers for:

• Identity Verification
• Document Verification
• Selfie Verification
• Address Verification
• Fraud Prevention

Korven One remains responsible for oversight of verification processes.

Korven One may modify this KYC Policy periodically. Updated versions will be published through Korven One services and website.

Korven One Compliance Department

Email: compliance@korvenone.com

Email: kyc@korvenone.com

Support: support@korvenone.com

Website: https://korvenone.com

The official version of this KYC Policy is the English version. Translations may be provided in:

• Haitian Creole
• French
• Spanish

In the event of conflict, the English version shall prevail.