VESTI’S KYC Update

Better security. Smarter steps.

If you've ever used a financial platform, you’ve probably heard about KYC, or Know Your Customer. It’s a process designed to keep financial transactions secure and prevent fraud. While it may sound complex, it’s simply a way for platforms to verify who you are before giving you full access to their services.

Vesti’s KYC comes in three levels, and each level determines how much you can withdraw. The more information you provide, the more access you get. Let’s break it down in an easy-to-understand way.

Here’s how each KYC level works—and what it unlocks for you

Level 1: Basic Verification

• Requirements: Minimal information such as name, email, phone number and Identification (ID) Number. The identification document admissible varies on accepted form of identification of the user's country, for example Nigerian can give the ID Number as on their NIN, International Passport or Voters.

• Withdrawal Limit: Lowest withdrawal limit, typically restricting large transactions.Thus, users on level 1 have an instant withdrawal limit of N50,000 on their naira wallet

  • Purpose: Ensures basic user identification while allowing entry-level access to services.

Level 2: Intermediate Verification

• Requirements: Additional information such as government-issued ID upload, an uploaded clear picture of the user holding the ID card and address proof.

• Withdrawal Limit: Moderate withdrawal cap. an instant withdrawal limit of N100, 000 on naira wallet, allowing users to transact more freely.

  • Purpose: Enhances user authentication and security, minimizing risks associated with fraud.

Level 3: Full Verification

• Requirements: Advanced verification such as biometric data- face recognition verification

• Withdrawal Limit: access to the highest withdrawal limit, available on the Vesti’s App, subject to policies and regulatory standards

  • Purpose: Ensures full compliance with regulatory standards and provides maximum security.

How Withdrawal Limits Link to KYC Levels

Your withdrawal cap grows as you move up the KYC ladder. Level 1 gives you small daily limits, while Level 3 users who’ve shared extensive verification enjoy the highest limits. These tiers help us comply with anti-money laundering rules while keeping your funds safe.

Benefits of Upgrading Your KYC Level

• Bigger Transactions
  Unlock higher withdrawal and transfer limits.

• Faster Onboarding
  Breeze through checks and start transacting sooner.

• Better Security
  Advanced checks mean fewer hiccups and peace of mind.

• Priority Support
  Level 3 users get faster response times from our team.

Next Steps: How to Level Up

1. Open your Vesti App and go to Profile

2. Click on your KYC level right on your dashboard > Verification

3. Select Location (Country)

4. Select the next level you want to complete

5. Upload required documents and follow the on-screen prompts

6. Wait as our system reviews your info

7. Celebrate when you see your new limits in Wallet

KYC is the backbone of a secure financial ecosystem. To increase your limits, simply progress through the levels by uploading the required documents. Understanding these tiers means you can plan your transactions with confidence and stay fully compliant with both Vesti’s policies and regulatory requirements.

Need Help?

Our support squad is on standby

• Email: help@wevesti.com

• WhatsApp: +234 801 234 5678

Got suggestions? We’re all ears. Shoot us a message. Your feedback shapes what’s next.