KYC is the abbreviated form of ‘Know Your Customer’ and it includes all the documents necessary to establish the identity of an individual.

At NIOC Exchange, our KYC is specifically curated to prevent illegal activities like corruption, money laundering, etc. Rather than just a legal requirement, KYC will also help us offer you quality services.

When you pre-register/ register with NIOC Exchange, you are to submit certain documents as well as personal information required for the successful completion of our KYC process. Before you proceed further, here is a list of KYC requirements you ought to fulfil when pre-registering with us.

What Are the Verification Requirements?

Before you start, please note that you should be of at least 18 years of age if you wish to trade with us.

  1. Personal Information
  • First Name
  • Middle Name (Only if applicable)
  • Last Name
  • Date of Birth
  • Mobile Number
  • Nationality

        2. Address

  • Street
  • Door No
  • Address Line
  • Country
  • State
  • City
  • Zip

        3. Documents

  • Photo ID
  • Back Side Photo ID


You are to submit a valid identification with a picture issued by the government. The acceptable identifications are:

  1. International Passport
  2. National Identification Card
  3. Permanent Residence Card

Please be reminded that other identification documents which are not mentioned in the above list won’t be accepted such as military cards, health cards, temporary permits, and electoral cards.

  1. Proof of Address
  2. Proof of Additional Document


The accepted list of residential address proof includes the following. All the documents shouldn’t be older than 3 months and should state your name and residential address.

  • Utility bill linked to the residential property. Though gas, electricity, internet, water, and landline telephone bills are accepted, mobile phone bills and parking invoices will be rejected.
  • Dated bank statement under your name. However, bank references, insurance policies, pension statements, and transfer receipts will not be accepted.
  • A correspondence issued by the government. Documents issued by an NGO, private companies, or other non-official authorities won’t be accepted.

Take a look at the KYC Process for Personal Account to make your way easier through the pre-registration/registration process.

  • Selfie with ID and Handwritten Note

Under this step, we will confirm your identity and ensure your account is secure by asking a good quality photo of yourself holding a photo ID and a handwritten note showing ‘NIOC Exchange, Today’s Date, and Your Signature’ – a selfie photo.


  • Accept Terms and Conditions

Finally, in the last section of our online application form for pre-registration/ registration, you are to accept all the terms and conditions by checking the box.

And, voila! You are done filling the KYC process. Just hit the submit button and we will verify your details. Upon successful authentication, you will be notified through email.

In case you wish to open a corporate account take a look at the KYC Requirements for Corporate Account.


  1. My brother recommended I might like this web site.
    He was entirely right. This post truly made my
    day. You can not imagine just how much time I had spent for this info!

  2. Pingback: My Homepage

  3. It’s really a nice and helpful piece of info.
    I am happy that you just shared this helpful information with
    us. Please stay us up to date like this. Thank you for sharing.

  4. Hello! This post could not be written any better! Reading through this post
    reminds me of my previous room mate! He always kept talking about this.
    I will forward this post to him. Fairly certain he
    will have a good read. Thank you for sharing!

  5. I like the valuable information you provide on your articles.
    I’ll bookmark your blog and test again right here regularly.
    I am slightly certain I will be informed plenty of new stuff proper
    right here! Best of luck for the next!

  6. I am not sure where you’re getting your information, but great topic.
    I needs to spend somme time learning much more or understanding more.
    Thanks for wonderfuyl information I was looking for this info for my

  7. I was suggested this website by means of my cousin. I am not certain whether
    or not this publish is written via him as nobody else recognize such particular about
    my difficulty. You are amazing! Thanks!

  8. I love your blog.. very nice colors & theme.

    Did you design this website yourself or did you
    hire someone to do it for you? Plz answer back as I’m looking
    to create my own blog and would like to find out where u got this from.

  9. Wow, wonderful blog layout! How long have you been blogging for?
    you made blogging look easy. The overall look of your site
    is magnificent, as well as the content!

Leave a Comment

Your email address will not be published. Required fields are marked *