Verification Levels¶

Reserve users may attain different levels of verification within the app. The Reserve team validates user information in order to allow higher limits on certain transactions.

The app requests the following information for each level of verification:

Verification level 00¶

• Full name
• Phone number
• Country of residence
• Email

Verification Level 1¶

• Full name
• Email
• Address
• Phone number
• Date of birth
• Identity Document (current)
• Selfie photo showing the user’s full face and identity document
• Country of residence
• Source of income
• Reason for using the app

Verification Level 2¶

• RIF, NIT or CUIL depending on the country
• Bank statement

Company Verification¶

To be verified as a company the following information will be requested:

• Company name
• Country the company operates in
• Information on the origin of the funds and the purpose of the transactions
• Bank account statement for the company
• Tax ID
• Address
• Phone number
• Corporate charter
• Email
• Information and verification of shareholders who own 25% or more of the capital stock (Name, email, telephone number, address, date of birth, ID, Tax ID)

Companies are subject to the following limits, which represent the sum of deposits and withdrawals (the total money moved):

• In a 24-hour window: US $100,000
• In a 30-day window: US $3,000,000