We are compliant with the Swiss regulation framework that aims to prevent money laundering and strictly follow proper know-your-customer (KYC) procedures, because we want to do it right the first time. 

The current Swiss regulations oblige Bity to fully identify / verify its customers in the following cases:

  • If you want to exchange for more than CHF 1'000 per day;

  • If you want to make a transfer of funds;

  • If due to the Swiss regulation we have to be compliant with, some criteria are fulfilled ( high risk residence/nationality countries for example );

You will find below the different accounts' limits and the features that a fully verified account can unlock:

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