KYC Requirements

Know Your Customer (KYC) Verification

To participate in transactions on OLLEVA Moto Auctions, all users must complete identity verification. This ensures platform security and regulatory compliance.

Required Information

• Full legal name
• Date of birth
• Residential address
• Government-issued photo ID (passport, driver's license, or national ID)
• Selfie for identity verification
• Social Security Number or Tax ID (US users)

Verification Levels

Basic (Tier 1): Browse listings, save favorites (no ID required)

Standard (Tier 2): Bid up to $25,000 (ID + address verification)

Enhanced (Tier 3): Unlimited transactions (full KYC + financial verification)

Processing Time

Most verifications complete within 24 hours. Complex cases may take 3-5 business days. You will be notified via email when your verification is complete.

Data Protection

KYC data is encrypted and stored securely with bank-level security. Third-party verification providers comply with SOC 2 and ISO 27001 standards.