TOP.PH now requires all its users who wish to transact with the platform to go through account verification or KYC (Know-your-customers) policy. This complies with the BSP’s (Banko Sentral ng Pilipinas) regulations. The KYC policy is in place to prevent illegal activities such as money laundering and fraud. TOP.PH’s KYC is protected by a Data Privacy Agreement the users consented upon registration (Data Privacy Agreement link provided below).
Verifying your TOP.PH account with your true identity means providing accurate information about yourself by submitting a valid government ID that matches your selfie holding that same ID (selfie ID). Please take your Selfie ID in a lighted or bright area and avoid submitting a blurred photo to ensure the approval of your verification. This process ensures that only you have access to your account and that no one else can use it without your permission. Furthermore, it helps protect you from fraud and identity theft as we verify your identity.
Moreover, a verified TOP.PH account also means you can enjoy higher transaction limits and more features. It is a simple process that can be done quickly and easily and is well worth the effort.
To learn more about having your account verified, visit this link and view the step-by-step guide:
To view the Data Privacy Agreement, visit this link
