Privacy Policy

A. Scope of Acceptance

• Acceptance of all terms and conditions of use
• Compliance with local and international laws and regulations
• Acceptance of privacy and data protection policies
• Agreement to fees and payment terms
• Commitment to security and protection standards

B. Ongoing Acceptance

• Continued use constitutes continued acceptance
• You must review updates and changes
• Right to withdraw from the service at any time
• Immediate notification of any change in circumstances

A. Parties to the Agreement

• "Platform" or "We": KYC Kuwait Platform and all its services and systems
• "User" or "Client": Any natural or legal person using the platform’s services
• "Services": All services provided through the platform
• "Data": All information and data entered or processed
• "System": The platform’s technical infrastructure

B. Technical Terms

• KYC: Know Your Customer – customer identity verification procedures
• AML: Anti-Money Laundering
• CTF: Counter-Terrorism Financing
• STR: Suspicious Transaction Report
• API: Application Programming Interface

C. Legal Terms

• "Applicable Laws": All relevant Kuwaiti and international laws
• "Regulatory Authorities": Central Bank of Kuwait, Capital Markets Authority, and others
• "Sanctions": Local and international sanctions
• "Compliance": Adherence to all legal and regulatory requirements

A. Eligibility for Use

• The user must be legally competent to enter into contracts
• Obtain all necessary licenses and approvals
• Have full authority to represent the institution
• No legal or regulatory impediments
• Compliance with registration and verification requirements

B. Acceptable Use Rules

• Use the platform for legitimate business purposes only
• Provide accurate and truthful information at all times
• Respect intellectual property rights
• Do not attempt to breach or disrupt the system
• Maintain confidentiality of login credentials

C. Prohibited Use

• Any activity that violates local or international laws
• Money laundering or terrorist financing
• Evasion of sanctions or blacklists
• Fraud, forgery, or misrepresentation
• Violation of others’ privacy or rights

A. Registration Process

• Complete all required fields accurately
• Submit the required verification documents
• Undergo identity verification procedures
• Await approval from the review team
• Configure security and protection settings

B. Account Security

• Create strong and complex passwords
• Enable two-factor authentication
• Do not share login credentials with others
• Immediately report any suspicious activity
• Regularly update security information

C. User Responsibilities

• Update personal data when it changes
• Monitor account activity
• Report any violations or issues
• Adhere to security guidelines
• Protect the account from unauthorized use

A. Core Verification Services

• Verification of natural persons’ identities
• Validation of official documents
• Screening against sanctions and watchlists
• Customer risk assessment
• Monitoring transactions and activities

B. Advanced Services

• Advanced risk analytics
• Detailed compliance reports
• Integration with external systems
• Artificial intelligence for pattern detection
• Specialized technical support

C. Service Guarantees

• 99.5% service availability
• Data security according to highest standards
• Fast response during peak times
• Accuracy of results and analyses
• Ongoing technical support

A. Fee Structure

• Subscription Fees: Fixed monthly or annual fees
• Transaction Fees: Cost per verification process
• Additional Service Fees: For advanced features
• Technical Support Fees: For specialized services
• Training Fees: For training programs

B. Payment Terms

• Advance payment for the selected subscription period
• Issuance of detailed monthly invoices
• 30-day payment grace period from invoice date
• Acceptance of bank transfers and credit cards
• 2% monthly late payment fee

C. Fee Changes

• 60 days’ prior notice for any fee increase
• No increase applied to prepaid subscriptions
• Right to withdraw if you do not agree to the increase
• Discounts for long-term clients
• Special offers for large institutions

A. Platform Responsibilities

• Provide services in accordance with announced standards
• Protect and secure data
• Comply with applicable laws and regulations
• Provide appropriate technical support
• Conduct regular system maintenance

B. User Responsibilities

• Use the service in accordance with the specified terms
• Provide accurate and truthful information
• Protect login and account credentials
• Report any issues or violations
• Pay fees on time

C. Limitation of Liability

• We are not responsible for business decisions based on our results
• No guarantee of profitability or commercial outcomes
• No liability for failures caused by external factors
• Limitations on consequential or punitive damages
• Maximum liability limited to the amount of fees paid

A. Platform Rights

• All intellectual property rights in the platform are reserved
• Trademarks and copyrights
• Algorithms and technologies used
• User interfaces and design
• Databases and content

B. Granted Usage Rights

• Limited, non-exclusive license to use the platform
• Use for legitimate business purposes only
• The license may not be transferred to third parties
• The license terminates upon termination of the contractual relationship
• Restrictions on commercial use of results

C. Intellectual Property Protection

• No unauthorized copying or imitation
• No reverse engineering attempts
• Protection of trade secrets and confidential information
• Respect for patents and technologies
• Report any potential violations

A. Termination by the User

• 30 days’ prior notice
• Settlement of all outstanding fees
• Export of data if desired
• Removal of all access rights
• Written confirmation of termination

B. Termination by the Platform

We reserve the right to terminate the service in the following cases:

• Breach of terms and conditions
• Non-payment of fees for more than 60 days
• Use of the service for illegal activities
• Threat to the security of the platform or other users
• Loss of required regulatory licenses

C. Post-Termination Procedures

• Immediate suspension of platform access
• Data deletion in accordance with the retention policy
• Settlement of financial accounts
• Return of any materials or equipment
• Continued confidentiality obligations

A. Governing Law and Jurisdiction

• These terms are governed by Kuwaiti law
• Kuwaiti courts have jurisdiction over disputes
• Attempt amicable resolution first
• Resort to arbitration in specified cases
• Arabic shall prevail in interpretation

B. Amendments to Terms

• The platform reserves the right to amend these terms
• 30 days’ prior notice for material changes
• Publication of the updated version on the website
• Continued use constitutes acceptance of changes
• Right to withdraw if you do not agree

C. General Provisions

• Remaining clauses remain valid if any clause is invalid
• No waiver of rights unless in writing
• No assignment of the agreement to third parties
• Ambiguities interpreted fairly for both parties
• Arabic version prevails in case of conflict