What are the different verification levels on SMART VALOR?
Based on the amount of business you wish to do on the platform, your SMART VALOR account will be linked to specific customer verification levels. There are 4 main verification levels Blue, Silver, Gold, and Platinum. The lowest level at which point your account becomes functional is the Blue level.
The following table summarises the different verification levels and the corresponding investment amounts:
| Level | Daily Deposit Limit | Daily Withdrawal Limit | Yearly Deposit Limit | Yearly Withdrawal Limit |
|---|---|---|---|---|
| None | Verification is pending | Verification is pending | Verification is pending | Verification is pending |
| Blue | Up to CHF 25,000 | Up to CHF 25,000 | Up to CHF 25,000 | Up to CHF 25,000 |
| Silver | Up to CHF 100,000 | Up to CHF 100,000 | Up to CHF 100,000 | Up to CHF 100,000 |
| Gold | Up to CHF 500,000 | Up to CHF 500,000 | Up to CHF 500,000 | Up to CHF 500,000 |
| Platinum | Up to CHF 500,000 | Up to CHF 500,000 | Unlimited | Unlimited |
What are the requirements associated with each verification level?
Based on your desired investment amount, you will be required to provide us with additional information to be reviewed for the purposes of Anti-Money Laundering (AML) and Regulatory Compliance. The requirements for each verification level are as follows:
Blue Level:
Annual funding estimation
Description of investment sources
Your employment status
The industry you are engaged in
Know your Customer (KYC) identity verification (National ID/Passport/Driving License + Selfie)
Silver Level:
All of the above
Your exact annual income
Your total liquid net wealth
A detailed explanation of Source of Funds (SoF)
Gold Level:
All of the above
Documentary evidence of the deposited funds in your account (Proof of Payment/Transfer Confirmation documents from your bank or Deposit Statement/Transaction History documents from other exchanges)
Platinum Level:
All of the above
Address Proof documents
Explanation of total wealth
Proof of total wealth