Why do I need to verify my identity and submit documents?

You need to verify your identity in order to access certain functions in the Socios.com app. This policy is in line with standard regulations commonly known as ‘Know Your Customer' (KYC), ‘Customer Due Diligence’ (CDD), and ‘Anti-Money Laundering’ (AML) and is the process of a business verifying the identity of its customers. It’s simply an anti-corruption and fraud measure.