Why We Ask for Documents-And Why This Protects You

Document requests follow international banking standards that exist to prevent money laundering, terrorism financing, and fraud.

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The Global Rules Every Bank Follows

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Every bank operating internationally must follow two core standards:

• KYC (Know Your Customer): Verify who you are
• AML (Anti-Money Laundering): Prevent financial crime

These aren't nsave's requirements-they're mandated by financial regulators globally. Your traditional bank follows these exact same standards.

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What We Verify and Why

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Your Identity (Government ID)

• Confirms you are who you claim to be
• Prevents account fraud and impersonation
• Verified directly against the issuing authority's database

Your Address (Proof of Address)

• Establishes your residential location for regulatory purposes
• Reduces fraud risk
• Usually requires a recent document (utility bill, lease, government correspondence)

Source of Wealth (When Required)

• Shows where your income originates
• Confirms funds come from legitimate sources

Critical distinction: We evaluate your account based on your income sources and transaction patterns, not your nationality or location.

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Eligible Income Sources

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Your account can support:

• 💼 Employment income (salaried positions)
• 💻 Freelance income (Upwork, Fiverr, direct clients)
• 🏢 Business income (self-employed, proprietorships)
• 📈 Investment returns
• 🏠 Inheritance
• 💰 Personal savings

Unfortunately we currently do not support users using nsave for trading purposes, peer-to-peer and selling online.

What we need: Documentation showing where your money comes from. For example:

• Freelancer? → Show invoices and client contracts
• Salaried? → Show recent payslips or employment letter
• Business owner? → Show business registration and recent income

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Transparency About Thresholds

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nsave has no hidden transaction limits based on geography. Your location in Bangladesh, Pakistan, Nigeria, or Egypt doesn't trigger automatic restrictions.

However, in line with global standards, proof of income documentation can be requested in line with your transfer volume and use cases.

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