Customer Identification Notice

Important information about procedures for opening a new account.

Under the Law of the Republic of Kazakhstan “On Counteracting the Legalization (Laundering) of Proceeds of Crime and the Financing of Terrorism,” we are required to identify and verify each customer and the individuals who own or control a business customer before providing services, and to keep records of that information.

When you open a Modu account, we (and any banking or payment partner acting through us) will ask for information that lets us identify you and the individuals who own or control your company, including:

• full name, date of birth, citizenship, and IIN;
• residential and registration address;
• the BIN and constitutive documents of your company; and
• the same information for founders, beneficial owners, and authorized representatives.

We may ask to see an identity document (a national ID card or passport) and company documents such as the state registration (re-registration) certificate, charter, and the decision on establishing the company. We may also use third-party identity-verification services and government registries. We will let you know if we need anything further from you.