What is Customer Due Diligence?

Money laundry and financing of terrorism are one of the major concerns for Singapore government. Therefore, Money Authority of Singapore (MAS) has implemented rules and regulation (ie: Customer Due Diligence) to prevent such cases from happening. This is to protect the integrity of businesses, financial institutions, and the economy from money laundering, terrorist financing, and corruption.

Documents needed

1. Passport / Government issued ID
2. Photo of you holding your Passport / Government issued ID and a paper that written Coinut, current date, and your signature. 
3. Proof of Address (Utility Bills / Phone Bills / Bank Statement) issued within 6 months. 

It will usually be processed within 3 working days. 

**Please note that documents that are not in English may take a longer time to process.

Users who simply upload any images that not related to the required documents would be treated as a mischief, and would get your account disabled without any notice. Both of you and user who refer you would not get any bonus.