As a licensed investment platform regulated by the Bank of Latvia, Debitum follows strict compliance procedures to protect investor funds and prevent financial crime.
We are required by law to verify the identity of our clients - this process is called KYC (“Know Your Customer”).
KYC Helps Us To:
Confirm who you are
Protect you and your investments from fraud
Comply with anti-money laundering (AML) and counter-terrorism financing (CTF) laws
Ensure safe and transparent business operations
We understand this process may take some time, but it is essential to keep your account secure and meet international regulatory standards.
Why do we need your documents?
We request documents as part of our KYC process to:
Verify your identity
Prevent fraud
Comply with AML and CTF regulations
Keep your account and investments secure
What kind of data is collected?
During the KYC process, investors are asked to submit:
A valid identity document (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 investor information stored?
All investor data is stored securely in line with GDPR and EU regulatory requirements.
Access is restricted to authorized personnel only
Data is encrypted both in transit and at rest
For detailed GDPR practices and retention policies, please refer to our Privacy Policy or contact our Compliance Officer.