How to Complete the KYC Verification Process on Bombastic: A Step-by-Step Guide

Created by Freddy K, Modified on Thu, 19 Sep at 5:34 PM by Freddy K

Complete Your KYC Verification on Bombastic: A Simple Guide

To ensure account security and comply with regulations, Bombastic requires all users to complete the Know Your Customer (KYC) process. This guide will walk you through each verification level, the documents needed, and tips for a smooth process.

Step 1: Log In or Create Your Account

Access Your Account: Sign in to your existing Bombastic account or create one if you’re new.
Navigate to Verification: Go to your account settings and click on the "Verify" option to begin the KYC process.

Step 2: Choose Your Verification Level

Bombastic has three levels of KYC verification. Each level ensures your account is secure and meets compliance standards.

Level 1 - Personal Details:
Fill in your name, surname, address, and phone number. This is a simple step available for customers who have made at least one deposit.

This feature is only available for customers who have deposited once.

Level 2 - Identity & Address Verification:
You will be redirected to SumSub, our secure AI-powered platform, to upload identity and address documents.
Identity Documents (Choose one):
- Passport
- Driver’s License
- National ID Card
Address Documents (Choose one):
- Recent bank statement
- Utility bill (excluding mobile bills)
- Government document (showing your residence address)

Important:Identity documents must not expire within the next 3 months.
Address documents must be issued within the last 3 months.

Level 3 - Source of Funds/Wealth Verification:
Upload documents proving the source of your funds and wealth.

Accepted Documents (Choose one):
- Payslips
- Pension statements
- Inheritance documents
- Investment or portfolio statements
- Tax returns
- Property sale documents
Include a bank statement showing that the funds are in your possession.

Step 3: Verification Completion

Once a level is successfully verified, the "Verify Now" icon will disappear and be replaced with a checkmark
Follow on-screen instructions carefully for secure and accurate submission.

Key Tips for Smooth Verification:

Ensure Document Validity: Make sure your documents are current and legible.
Use the Correct Format: Upload documents in the format specified by SumSub or the Bombastic back office.
Check the Expiration Dates: Documents close to expiration may cause delays in verification.

Conclusion:

Completing your KYC verification ensures the security of your Bombastic account and unlocks full access to all features. For any questions or assistance, feel free to contact our support team.