Immigration Documents and their Role

Yellow Card will only request your immigration documents if you are in a country other than your country of citizenship.

You may be required to submit one of the following document combinations:

• International Passport + Valid Visa
• International Passport + Resident Permit
• International Passport + Student Pass (not Student ID)
• International Passport + Dependent Pass
• International Passport + Work Permit (if you are employed in that country)
• International Passport + Consular Card (specific to Francophone countries where a visa is not required)

Even with a perfectly valid ID from your home country, we will still require immigration documents from the country where you currently reside and want to complete your Yellow Card KYC verification.

We do this for two main reasons: compliance and fraud.

To curb fraudulent activities and protect our users from scammers in other countries, we require immigration documents. This allows us to identify such individuals and notify the appropriate authorities.

From a compliance perspective, we require this to abide by Anti-Money Laundering (AML) laws in all of our business engagements. Yellow Card follows both US and local AML laws in every country where we operate.

To shed more light on our KYC practices, AML/CTF (Anti-Money Laundering/Counter-Terrorist Financing) regulations govern practices in financial markets. Since Yellow Card is an active financial service provider in this sector, we are required to know and verify our customers.

Regulators and law enforcement request full name, ID, address, phone number, source of income, and related transaction information during investigations when necessary. This is why such information is required and requested at the start of, and throughout, any customer relationship.

Yellow Card must provide this information whenever requested and can be fined if we do not collect and verify this KYC information.

Another key factor involves monitoring for financial and other crimes to ensure Yellow Card is not being used to launder the proceeds of crime.

We also need to verify the countries where our customers are located to confirm they are there legally and to meet specific reporting requirements in certain countries.

Yellow Card also has a responsibility to train its employees on KYC/AML and Anti-Bribery and Corruption to ensure we comply with financial service regulations.

The monitoring and reporting of all of the above is handled behind the scenes by our Compliance team, along with an annual AML attestation to the Central Banks or Financial Intelligence Centers (FICs) in each country. This confirms that Yellow Card has an AML program in place, monitors activity, and actively works to prevent money laundering, terrorism financing, and other prohibited activities.

Yellow Card is constantly improving and upgrading our systems to meet compliance standards and combat fraud in a more advanced and effective way.

Financially yours,

Yellow Card