What does KYC/AML Status mean if it says “In Progress”?

KYC/AML stands for "Know Your Customer/Anti-Money Laundering" and is a requirement to pass for Assure's banking partners

When the KYC/AML status says, “in progress”, it could mean one of two things.

  1. The KYC process for that investor profile has not been finished. The KYC/AML will automatically run as the investor's profile is filled out.
  2. The investor needs to upload additional documents in order to pass KYC (“Clear” status). This would occur if the investor was representing an entity/trust or if the investor is international.
If neither of these are applicable, please reach out to the organizer for more information.