As a Swiss-regulated crypto broker, Bity complies with the Swiss Anti-Money Laundering Act (AMLA) and applies robust Know Your Business (KYB) procedures. Depending on the transaction volume you wish to unlock, we may request additional documentation to verify your legal entity.
To start your business verification:
Log in to your Bity account
Go to the Dashboard
Navigate to the Profile tab and select Legal Entity
The process will guide you through dynamic questions based on your company’s legal type and structure.
Below is a list of the documents we typically require for verification:
Company Details
Proof of address for your company
(e.g., a utility bill or bank statement showing your IBAN/account number, issued within the last 3 months)
Legal Presence
Extract from the commercial register (issued within the last 12 months)
If not available, provide an equivalent corporate document such as:Certificate of incorporation
Certificate of incumbency
Memorandum of association
Founding act(s) and articles of association
Ownership Structure
Provide one of the following to clearly outline the company’s shareholders:
Shareholder registry
Statement of information
Trust agreement
Excerpt from a state company registry
Control Structure
To identify individuals in control or decision-making roles, provide one of the following:
Director registry
Statement of information
Trust agreement
Excerpt from a state company registry
Representative Authorization
If someone is acting on behalf of the company:
Power of attorney or equivalent document proving authorization to act
📌 Please note: Additional documents may be requested depending on your company structure, jurisdiction, or compliance assessment.
As part of the KYB process, all authorized signatories and shareholders/beneficial owners must also submit identification documents.
For All Authorized Signatories
Please upload the following:
Copy of a valid ID or passport
(Must include an MRZ code — machine-readable zone)Recent selfie
(Holding the same ID or passport that was uploaded)Proof of address
(e.g., utility bill or bank statement showing IBAN/account number, issued within the last 3 months)
For All Shareholders / Beneficial Owners
Please upload the following:
Copy of a valid ID or passport
(Must include an MRZ code)
Once your documents have been reviewed, you’ll be asked to place a purchase order and send the funds from a bank account held in the company’s name.
As soon as the purchase order is confirmed as executed, we will proceed with upgrading your account.
In some cases, due to regulatory requirements, a video verification session may be necessary. If this applies to you, our compliance team will reach out directly.
Alternatively, if you prefer to go through video verification instead of submitting a purchase order, feel free to contact our support team by clicking the blue chat bubble at the bottom right corner of your screen when visiting our platform.
⚠️ Important:
If you are eligible to proceed with the purchase order option, we strongly recommend doing so, as video sessions are in high demand and may delay your verification.
Note: Additional documents may be requested depending on your company’s legal structure and jurisdiction.
You can find more information about the required documents per entity type in the following document: