Keeping financial crime off the platform.

• We verify your identity before you can transact, using your BVN, NIN, and supporting documents where needed.
• Verification is delivered with our KYC partner, Mono, and, for liveness checks, Mono Prove.
• We may re-verify your identity or ask for more information as your usage changes.

Accounts operate on KYC tiers. Your verification level sets your transaction and balance limits. Completing a higher tier raises your limits and unlocks more features. Limits are applied to reduce risk and to comply with regulatory thresholds.

• We monitor transactions for patterns that may indicate fraud or money laundering.
• Customers and transactions are screened against applicable sanctions and watchlists.
• We may pause, review, or decline activity, and request the source of funds, where risk is detected.

Where we are required to, we report suspicious activity to the relevant Nigerian authorities. We may be legally prohibited from telling you when we do so. We do not provide services to sanctioned persons or for unlawful purposes.

We retain identity and transaction records for the period required by law, even after an account is closed. These records are held securely and used only for legal and compliance purposes, then deleted once the retention period ends. See our Account & Data Deletion page for detail.

Lazervault works with regulated partners who run their own KYC and AML controls, including Mono for open banking and verification, Flutterwave for payments, and Quidax, an SEC-licensed exchange, for crypto. Your activity with those services is also subject to their compliance programmes.

Compliance questions can be sent to [email protected].