What is KYB?

“KYB” is a regulatory requirement for Swile, aimed at identifying and verifying clients’ identities in order to combat money laundering, terrorist financing, tax offences, and identity theft.

Identity verification is an important step for Swile to maintain a trusted environment and ensure we provide you with a product that meets all applicable regulatory requirements.

👉 In short, it’s about knowing our clients so we can apply the right controls.

👉 The KYB process also protects you, making sure you are the one making the request and helping to prevent unpleasant surprises such as someone impersonating your company.

To identify and verify your organisation, we’ll need the following details (it won’t take long, we promise!):

• 🏢 Information about the company

  • Company name, SIREN number, address
  • Number of employees
  • Estimated turnover

• 💁Information about the legal representative

  • First name/Surname
  • Date and place of birth
  • Country of residence/Nationality

• 💁ID of the legal representative

  • Valid French national ID card, passport, or residence permit – in colour
• 💁‍♂️Information about beneficial owners

What is a beneficial owner?
The beneficial owner of a company is an individual who directly or indirectly holds more than 25% of the company’s share capital and/or voting rights, or who exercises control over the company’s management, governing bodies, or general meeting.

• • First name/Surname
  • Date and place of birth
  • Nationality/Tax residence
• 💰Top up your account with an amount between €1 and €150
  You’ll find your account details (RIB) on your Mobility platform (by logging in to your admin area), and you can make a transfer to these bank details.

🗣How do you send this information?

This information is submitted via a dedicated form, and your Swile contact will send you the link.

Once your file is considered complete by our internal teams, your account will be validated within 48 to 72 working hours.