If you’ve ever signed up for a banking app and been asked to upload your ID or take a selfie, you’ve already met KYC. It might feel like one of those “extra steps” that slows you down, but the truth is: KYC is your golden ticket to unlocking more features, higher limits, and safer transactions.

Let’s break it down.

What is KYC?

KYC stands for “Know Your Customer.” It’s a standard banking process that verifies your identity, usually by asking for details like:

• Your full name
• Date of birth
• Address
• A government-issued ID (like a passport, NIN, driver’s license, or voter’s card)
• Sometimes, a selfie for verification

In simple terms, KYC is how Rubies makes sure you are really you—and not someone trying to use your identity for fraud.

Why Does KYC Matter?

Here’s why KYC is more than just paperwork:

1. Security & Trust
       It helps protect your account from fraudsters. If someone ever tries to open an account pretending to be you, KYC makes it nearly impossible.
2. Compliance with Regulations
       Banks and fintech apps like Rubies are required by law to follow financial regulations. KYC ensures we stay compliant and your money stays protected.
3. Unlocking Features
       With basic sign-up, you get limited access. But once you complete KYC, you can:
    
   • Send and receive higher amounts
    
   • Open Vaults for savings goals
    
   • Upgrade your account tier
    
   • Access premium features
 
4. Peace of Mind
       Knowing your account is verified means fewer restrictions and more freedom to use your money as you like.

Levels of KYC on Rubies

Rubies makes KYC simple and flexible. Depending on how much you want to do on the app, you can pick the level that works best for you:

• Tier 1 (Basic) → Just your BVN and phone number. Limited transactions.
• Tier 2 (Intermediate) → Add a valid ID, unlock higher limits.
• Tier 3 (Full KYC) → Add your address verification. Unlock all features, with no limits on enjoying Rubies to the fullest.

How to Complete Your KYC in Rubies

It only takes a few minutes:

1. Open your Rubies app
2. Go to Settings → KYC Upgrade
3. Upload the required documents
4. Wait for quick approval 🚀

That’s it—you’re set!

The Bottom Line

KYC isn’t just a regulatory step; it’s your gateway to a more powerful Rubies experience. From unlocking Vaults and tier upgrades to securing your funds, it’s worth those few extra minutes.

So, if you’re still running on basic access, don’t wait—upgrade your KYC today and enjoy Rubies without limits.

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