Limits and identity checks
We want you to enjoy SOL Wallet as much as possible. However, we are required by the law to assess the money laundering risks associated with customer’s activities and establish the identity of the customer in case of such risks. We have to maintain the highest standards of KYC and transaction control as a part of our commitment to money laundering and terrorist financing prevention. We also have to follow the recommendations from SARB and FIC. Therefore, we have introduced limits for the operations in SOL Wallet.
1. Non-identified customers can only transact in digital currencies.
2. Identified customers can:
3. Identified customers who have provided a proof of source of income:
Please understand that in certain circumstances SOL Wallet may be required to pause any transaction and request you to perform an enhanced due diligence procedure to verify your identity or source of your income.