Verification
Valid bank account required
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What is KYB?
KYB (Know Your Business) is a verification process for business entities, similar to KYC for individuals. It verifies legal status, ownership structure, and compliance. Partners integrating with MYKOBO may need to complete KYB to access our services. ...
Can I use MYKOBO without KYC?
No. As an EU-regulated financial service, MYKOBO is required to verify the identity of all users. KYC (Know Your Customer) is mandatory before you can deposit or withdraw funds. This ensures compliance with anti-money laundering regulations and helps ...
Do you support 3rd party payments?
No. For regulatory and security reasons, MYKOBO does not support third-party payments. The bank account used for deposits must be in your name and match your verified identity. Similarly, withdrawals can only be sent to bank accounts registered in ...
Do you support every country?
No, MYKOBO is currently available in select countries. Due to regulatory requirements, we cannot serve all regions. Please check our supported countries list → to see if your country is eligible.
What is KYC?
KYC stands for "Know Your Customer"—a verification process required by financial regulations. It typically involves verifying your identity with a government-issued ID and proof of address. KYC helps prevent fraud, money laundering, and ensures ...