888 Energy KYC is a critical process required for all new clients. We utilise this process to verify the identities of individuals (private persons) who are our potential clients, for AML compliance, to aid in avoiding identity theft, fraud, and other crimes of a similar nature whilst also ensuring the protection of our existing clientele and their confidential & industry sensitive information.

To meet KYC  requirements, new customers must provide proof of their identity and address, such as their passport, ID card verification, face verification, biometric verification, and/or document verification.

KYB is a practice that mirrors the individual-focused KYC protocols but zeroes in on  verifying the identity of the business and understanding its ownership structure, nature of business activities, and financial dealing before we engage in a business relationship.   KYB safeguards against corporate identity theft, fraud, unethical business practices and to protect our clients from harm.

KYB practices are the cornerstone of transparent and trustworthy business relationships. KYB is not just a compliance requirement but also an important commitment to ethical business practices and a testament to the importance of transparency in corporate dealings. Our KYB Checks involves collecting and verifying information about a prospective client (Organisation), extensive document requirements, such as articles of incorporation and official business registrations or shareholder registries.

Conversion rates are the most important B2B marketing benchmark for any commercial entity. For corporate businesses, a relation based on trust is of great importance for smooth communication. KYC & KYB are a quick and easy way for us to create positive impressions on our partner organisations and clients.

By running a series of identity checks, we are able to grant, new client access to our B2B database for fruitful collaboration. Our KYC & KYB is the cornerstone creating  trustworthy relationship between all parties. It not only creates a better opportunity for promoting sales but also developing a good market reputation, achieving healthy business relations and trust which is directly proportional to increasing sales.

KYC & KYB ultimately lead to a higher B2B conversion rate.

If you are a new client and you would like to work with 888-Energy, please drop us an email at: KYB-KYC@888energy.co outlining your request and the reason of your request,  and we will provide you with a copy of the relevant KYC or KYB pro forma.

• KYC – individual
• KYB – Company/Organisation