To use the Bud App, we'll need you to prove that you are who you say you are. To do this, we have a simple process that allows us to verify your identity by only you for asking a few details, these are:
- Your first name and last name,
- Address, and
- Date of birth.
But why do all this? ...you ask!
Well, the process is known as 'Know Your Customer' (KYC) and was introduced through European regulation as a requirement for institutions (like us) working in the financial sector. Put simply, it aims to make financial services safer for everyone and to make sure that they are not misused by reducing instances of fraud and money laundering.