Seller Verification & KYC/AML Notice
Last updated: June 8, 2026
Version 2026-06-21 · Effective
Identity verification and anti-money-laundering obligations for sellers and high-value transactions.
1. Why We Verify
ForGrit may require identity, business, or payout verification before seller payouts, high-value listings, organization transfers, or suspicious activity reviews. As a marketplace that facilitates seller payouts and high-value asset transfers, ForGrit is required to perform Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) checks.
2. When Verification Is Required
Verification may be required before seller payouts, high-value listings, organization transfers, or suspicious activity reviews. Sellers must complete identity verification and provide a verified payout method. Enterprise organizations may require business verification.
3. What We Collect
Government ID, ownership/business documentation where applicable, and payout-method details. This data is processed by regulated verification providers and retained per legal requirements.
4. Monitoring
We monitor for suspicious patterns (e.g. rapid list-and-delist, structuring, sanctioned parties) and may hold payouts, request additional documentation, or report to authorities as required by law.
5. Sanctions
Users on sanctions lists or in embargoed jurisdictions may not transact. Providing false verification information is grounds for termination and may be reported.