In order to comply with relevant regulations, we verify the identity of all our potential customers before allowing access to Himalaya Exchange or Himalaya Pay. We pass some pieces of information, such as your name, date of birth and address, through a widely used third-party service, which cross-references the data against various international databases.
This allows us to process new clients efficiently, and to ensure that we eliminate fraudulent applications or those who could potentially pose a risk of money laundering. This check will in no way impact your credit rating or credit history.
We may occasionally ask for additional information, such as a copy of your photo ID. The most likely reason for this is because we could not verify your identity based on the initial information we collected.