Verification That Protects You — Not Just nsave
The Short Answer
nsave asks for documents because we’re required to follow global financial regulations designed to protect you from fraud, scams, and financial crime.
Every licensed financial institution — from traditional banks to fintechs — follows these same rules.
The Two Rules Every Financial Institution Must Follow
Know Your Customer (KYC)
This confirms that you are who you say you are.
Anti-Money Laundering (AML)
This ensures that money moving through the system comes from legitimate sources.
By following these standards, nsave helps keep your account — and the wider financial system — safe.
What We Verify (And Why)
Your Identity
Confirms your identity
Prevents impersonation and account takeover
Checked against official issuing authorities
Your Address
Required for regulatory reasons
Helps reduce fraud
Usually must be recent (utility bill, lease, or government document)
Your Source of Wealth
Shows where your money comes from
Confirms funds are legitimate
Important to know:
Your account is reviewed based on income sources and transaction behaviour, not your nationality or country of residence.
Income Sources We Support
Your nsave account can be used for:
💼 Salaried employment
💻 Freelancing (Upwork, Fiverr, direct clients)
🏢 Self-employment or business income
📈 Investments
🏠 Inheritance
💰 Personal savings
🚫 Trading activity (including peer-to-peer trading) is not supported.
What We May Ask You to Share
Freelancers → invoices, contracts, platform earnings
Employees → payslips or employment contracts
Business owners → registration documents and income records