SMART VALOR is operating as a currency exchange and aims to keep fraudulent users and activities away. ID verification is important to enforce this and to keep our community protected. Verifying your identity acts as an anti-money laundering device, supporting SMART VALOR to prevent the creation of illegal accounts. In addition, it establishes security and gives you exclusive rights to the information provided in your account.
As a SMART VALOR user, you are asked to provide one document for ID verification and one as a proof of address. Based on the amount of currency you wish to do business in, you may be required to provide additional documents (proof of funds, proof of wealth etc.) also.