Effective January 1, 2025. Federal law requires financial institutions to verify the identity of every person who opens an account to help prevent money laundering and terrorism financing.
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.
As part of our Know Your Customer (KYC) process, we are required to collect and verify identifying information from all account holders. This is a mandatory requirement under U.S. federal law, including the USA PATRIOT Act (Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001).
Full legal name
As it appears on your government-issued identification
Date of birth
To confirm your identity and age
Residential address
Your current physical address
Government-issued ID
Such as a driver's license, passport, or state ID
Tax identification number
Social Security Number (SSN) or Employer Identification Number (EIN)
The information we collect is used solely for identity verification purposes and to comply with applicable federal law. We maintain the confidentiality of your personal information in accordance with our Privacy Policy.
We may verify your information through third-party identity verification services and may retain copies of any documentation you provide. Failure to provide the requested information may result in our inability to open or maintain your account.
Priyo maintains a comprehensive Anti-Money Laundering program that includes ongoing transaction monitoring, risk-based customer due diligence, and reporting of suspicious activity to appropriate authorities as required by law. By opening and maintaining an account with Priyo, you agree to cooperate with our compliance requirements.
If you have questions about our KYC requirements or this disclosure, please contact us:
Email: [email protected]
Phone: +1 408 409 4094
Mail: Priyo Inc., 166 Geary Str STE 1500 #1002, San Francisco, CA 94108, USA
Compliant identity verification. Secure infrastructure. Built for global reach.