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What's KYC? or KYD?

Why should I need to give my details when signing up to donate to a nonprofit?

Gabriel avatar
Written by Gabriel
Updated over a year ago

In the blockchain world, KYC refers to 'know your customer' and is often a bank requirement to counteract potential money laundering.

For Better Giving, some charities need KYD - Know your donor - and so require details of any potential donor.

Any details that are collected do fall under the terms and conditions of our privacy policy.

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