Account Verification

Account Verification

Account Verification

Account verification is the process of verifying that a new Monevium account or existing account is owned and operated by a specified real individual(s) or entity.
Verification of a Monevium account allows users to use Monevium Client Portal functionality in full: to deposit, withdraw, transfer funds or order Monevium cards. 

Grade 1: Phone verification

To verify your phone:

  1. On the account Verification page in the Client Portal, under Grade 1, enter your phone number and click SMS.

  2. Enter the verification code sent to your phone and click Confirm.


If you don't have a mobile phone or you haven't received an SMS with a confirmation code, you can verify your phone via operator call.


Grade 2: Account verification

Before you start the verification process, prepare all the required documents.

1.   Proof of identity (one of the following):

  • Passport
  • National ID card
  • UK photocard driving license

2.   Proof of residential address (one of the following):

  • Bank statement
  • Utility bill
  • Internet/Cable TV/house phone line bills
  • Tax return
  • Council tax bill
  • Government-issued Certificate of residence

Step 1: Identity document

Select your country  and the ID type and upload a photo of your document.


Requirements:
  • The photo should be bright and clear, and all the edges of the document should be visible.
  • Upload both sides of the document if it's double-sided.
  • Make sure there are no highlights or spots in the photo. Low quality images will not be accepted by the system. The file must be in JPG or PDF format, no less than 500 KB.
  • The document must be valid for at least three months.

Click Next.

Step 2: Proof of residence

Upload a proof of your residential address.

If your ID document has your residential address, you can upload the same document used as proof of identity in Step 1.



Requirements:

  • We do not accept screenshots, mobile phone bills, medical bills, receipts for purchases, or insurance statements.
  • The document must be in Latin characters or have a notarized translation into English.
  • The document must contain the full name (as stated on the ID), owner's address and date of issue.
  • The photo should be bright and clear, and all edges of the document should be visible.
  • A utility bill or bank statement must be issued within the last three (3) months and printed on the official form.
  • All files must be in JPG or PDF format, more than 100 KB and 300 DPI.

Click Next.

Step 3: Selfie


This is the liveness check. Follow the instructions you see on the screen. You can either connect the camera on your computer or do the check on mobile phone.


Step 4: Wait for the approval

Your Monevium account status will change automatically1 as soon as the review of your application is completed.


If any of your documents were rejected, please upload new photos of the documents.

You will also receive an email notification. Click the link in the email to go to the verification page in the Client Portal. There you can see why your document was rejected. Please upload a new photo of the document.
If you have any questions, don't hesitate to contact us.
1    For  Grade 2 there are two verification options:
  • Automatic verification
  • Manual verification by Monevium back-office staff

Depending on your country of residence, the system will automatically offer the verification method available for your country.

If automatic verification is not available for your country, you should fill in the form and upload 3 required documents (see the list above).