As a licensed investment platform regulated by the Bank of Latvia, Debitum follows strict compliance procedures. We are required by law to verify the identity of all our clients to protect investor funds and prevent financial crime.
This process is called KYC (“Know Your Customer”). We understand this may take a few minutes, but it is an essential step to keep your account secure and meet international regulatory standards.
Why is this process necessary?
The KYC process and the documents we request help us:
Confirm your identity
Protect you and your investments from fraud
Comply with anti-money laundering (AML) and counter-terrorism financing (CTF) laws
Ensure all our business operations remain safe and transparent
What kind of data is collected?
During the KYC process, investors are asked to submit:
A valid identity document (such as a passport or national ID)
A live "selfie" for facial recognition match
Personal details (name, date of birth, citizenship, etc.)
Employment and financial background (as part of the client questionnaire)
For company accounts, additional corporate documents and proof of ownership are also required.
How is your information stored?
All investor data is stored securely in full compliance with GDPR and EU regulatory requirements.
Access to your data is highly restricted to authorized personnel only.
Your data is encrypted both in transit and at rest.