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Requirements for WME Purse owners Natural Persons Effective till 17-06-21
The article is out of dateThe article is out of dateIn accordance with the legislation of the European Union, the WME Guarantor applies the following requirements*Please note that starting from 17.06.2021 new ID and Proof of Address requirements will come into force by the WME Guarantor.* Full requirements
In accordance with the legislation of the European Union, the WME Guarantor applies the following requirements to owners of WME purses:
1. INFORMATION ABOUT PURSE OWNER AND AGE REQUIREMENTS
The WME purse owner must provide their full name, date of birth and registered (postal) address, including the country of residence.
The WME purse owner must be at least 18 years of age if they live within the European Economic Area (EEA) or in the United Kingdom or 14 years of age if they live outside of the European Economic Area provided that it is not contradictory to the law applied in their country of residence.
The EEA countries include: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, France, Germany, Gibraltar, Greece, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Hungary, Finland, Sweden.
2. PROHIBITED COUNTRIES AND REGIONS
The usage of a WME purse is not permitted for natural persons residing in the following countries and regions: Afghanistan, Albania, Algeria, American Samoa, Anguilla, Antigua and Barbuda, Bahamas, Barbados, Belize, Benin, Botswana, Bouvet Island, British Virgin Islands, Burkina Faso, Cambodia, Cayman Islands, Central African Republic, China, Christmas Island, Cocos (Keeling) Islands, Cook Islands, Côte d'Ivoire, Crimea, Cuba, Dominica, Dominican Republic, Ghana, Grenada, Guam, Guyana, Haiti, Heard Island and McDonald Islands, Iran, Iraq, Jamaica, Kenya, Laos, Libya, Maldives, Mali, Marshall Islands, Mauritania, Mauritius, Mongolia, Morocco, Mozambique, Myanmar, Nicaragua, Niger, Nigeria, North Korea, Northern Mariana Islands, Pakistan, Panama, Puerto Rico, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Sao Tome and Principe, Senegal, Sierra Leone, Solomon Islands, Somalia, South Sudan, Sudan, Suriname, Swaziland, Syria, the United States, Trinidad and Tobago, U.S. Virgin Islands, Uganda, Ukraine, United States Minor Outlying Islands, Vanuatu, Venezuela, Western Sahara, Yemen, Zimbabwe.
3. APPLIED LIMITS AND DOCUMENT REQUIREMENTS
3.1. If the total amount of incoming transactions to WME purses belonging to the same passport has not exceeded 2,500 WME within one calendar year, the passport owner is not required to provide their identification documents.
3.2. If the total amount of incoming transactions to WME purses belonging to the same passport has exceeded 2,500 WME within one calendar year, the passport owner is required to provide the following identification documents:
- their valid citizen passport or another identification document;
- a document confirming their current residential address;
As proof of address, we accept scanned copies or photocopies of the following documents:
- Bank statements from your current account or a letter of reference from your bank;
- Utility bills (water, gas, electricity, landline phone);
- Certificate confirming internal residence permit issued by a statutory authority;
- A page of the passport confirming internal residence permit (“propiska”).
Please read carefully the requirements of documents confirming a residential address.
3.3. If the total amount of incoming transactions to WME purses belonging to one passport has exceeded 15,000 WME within one calendar year, the passport owner must provide documents confirming the source of funds.
Please read carefully the requirements of documents confirming the source of funds on WME purses.
Scanned copies or photocopies of the required documents should be uploaded to the WebMoney Passport website.
In the events that the WME purse owner does not comply with the listed requirements and/or a provided identification document has expired, the rights on the usage of WME by the owner may be restricted for both incoming and outgoing transactions (purses may be blocked).
The date on which these requirements entered into force - 15.07.2015.
The requirements upon owners of purses belonging to legal entities and entrepreneurs
to owners of WME purses:
1. INFORMATION ABOUT PURSE OWNER AND AGE REQUIREMENTS
The WME purse owner must provide their full name, date of birth and residential address, including the country of residence.
The WME purse owner must be at least 18 years of age if they live within the European Economic Area (EEA) or in the United Kingdom or 14 years of age if they live outside of the European Economic Area provided that it is not contradictory to the law applied in their country of residence.
The EEA countries include: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden.
2. PROHIBITED COUNTRIES AND REGIONS
The usage of a WME purse is not permitted for natural persons residing in the following countries and regions: Afghanistan, Albania, Algeria, American Samoa, Anguilla, Antigua and Barbuda, Bahamas, Barbados, Belize, Benin, Botswana, Bouvet Island, British Virgin Islands, Burkina Faso, Cambodia, Cayman Islands, Central African Republic, China, Christmas Island, Cocos (Keeling) Islands, Cook Islands, Côte d'Ivoire, Crimea, Cuba, Dominica, Dominican Republic, Ghana, Grenada, Guam, Guyana, Haiti, Heard Island and McDonald Islands, Iran, Iraq, Jamaica, Kenya, Laos, Libya, Maldives, Mali, Marshall Islands, Mauritania, Mauritius, Mongolia, Morocco, Mozambique, Myanmar, Nicaragua, Niger, Nigeria, North Korea, Northern Mariana Islands, Pakistan, Panama, Puerto Rico, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Sao Tome and Principe, Senegal, Sierra Leone, Solomon Islands, Somalia, South Sudan, Sudan, Suriname, Swaziland, Syria, the United States, Trinidad and Tobago, U.S. Virgin Islands, Uganda, Ukraine, United States Minor Outlying Islands, Vanuatu, Venezuela, Western Sahara, Yemen and Zimbabwe.
3. APPLIED LIMITS AND DOCUMENT REQUIREMENTS
3.1. If the total amount of incoming transactions to WME purses belonging to the same WebMoney passport has not exceeded 1,000 Euro within one calendar year, the user is not required to provide their identification documents.
3.2. If the total amount of incoming transactions to WME purses belonging to the same WebMoney passport has exceeded 1,000 Euro within one calendar year (January 1 – December 31 of the current year), the user is required to:
3.2.1. Verify his or her identity
(1) Provide a government-issued document containing photographic evidence of identity from the following list:
- a valid unexpired passport;
- a valid unexpired national or other government-issued identity card.
Scanned copies or photocopies of the required documents should be uploaded to the WebMoney Passport website.
The content of the document should be written in Latin characters or in Cyrillic or you should provide a certified translation of the document into Russian or English.
(2) perform a PhotoID or VideoID verification
3.2.2. Provide a proof of address by choosing ONE of the following options:
1st option
If the residence address is listed on a government issued document (Passport, ID Card, Driving License and Residence Permit) it is required to:
(1) Upload a copy or photocopy of the relevant document page with address to the WebMoney Passport website
(2) Perform address photo or video verification
Address photo verification
Take a photo of yourself (selfie) along with the page of the document with the address on it and upload it for verification to the WebMoney Passport website (type "Selfie with address confirmation document").
Address video verification
It is also possible to arrange a video interview with the representative of WME Guarantor sending an email to support@webmoney.eu.
The content of the document should be written either in Latin characters or in Cyrillic. Otherwise, you should provide a certified translation of the document into Russian or English.
2nd option
Provide two (2) proof of address documents of different sources from the following list:
- utility bill dated within the last 6 months; (water, gas, electricity, landline phone);
- statement dated within the last 6 months from your current account or reference letter issued by a recognized credit institution or bank;
- certificate of registration dated within the last 6 months at a place of residence issued by a statutory authority;
- correspondence from a central or local government authority, department or agency dated within the last 6 months;
- any other government-issued document not mentioned above.
Scanned copies or photocopies of the required documents should be uploaded to the WebMoney Passport website.
Please read carefully the requirements of documents confirming a residential address.
3.3. If the total amount of incoming transactions to WME purses belonging to one passport has exceeded 15,000 Euro within one calendar year, the passport owner must provide documents confirming the source of funds and source of wealth.
Please read carefully the requirements of documents confirming the source of funds on WME purses.
Scanned copies or photocopies of the required documents should be uploaded to the WebMoney Passport website.
In the events that the WME purse owner does not comply with the listed requirements and/or a provided identification document has expired, the rights on the usage of WME by the owner may be restricted for both incoming and outgoing transactions (purses may be blocked).
Date of requirement entry into force – 17.06.2021.
The requirements upon owners of purses belonging to legal entities and entrepreneurs
In accordance with the legislation of the European Union, the WME Guarantor applies the following requirements*Please note that starting from 17.06.2021 new ID and Proof of Address requirements will come into force by the WME Guarantor.* Full requirements
In accordance with the legislation of the European Union, the WME Guarantor applies the following requirements to owners of WME purses:
1. INFORMATION ABOUT PURSE OWNER AND AGE REQUIREMENTS
The WME purse owner must provide their full name, date of birth and registered (postal) address, including the country of residence.
The WME purse owner must be at least 18 years of age if they live within the European Economic Area (EEA) or in the United Kingdom or 14 years of age if they live outside of the European Economic Area provided that it is not contradictory to the law applied in their country of residence.
The EEA countries include: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, France, Germany, Gibraltar, Greece, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Hungary, Finland, Sweden.
2. PROHIBITED COUNTRIES AND REGIONS
The usage of a WME purse is not permitted for natural persons residing in the following countries and regions: Afghanistan, Albania, Algeria, American Samoa, Anguilla, Antigua and Barbuda, Bahamas, Barbados, Belize, Benin, Botswana, Bouvet Island, British Virgin Islands, Burkina Faso, Cambodia, Cayman Islands, Central African Republic, China, Christmas Island, Cocos (Keeling) Islands, Cook Islands, Côte d'Ivoire, Crimea, Cuba, Dominica, Dominican Republic, Ghana, Grenada, Guam, Guyana, Haiti, Heard Island and McDonald Islands, Iran, Iraq, Jamaica, Kenya, Laos, Libya, Maldives, Mali, Marshall Islands, Mauritania, Mauritius, Mongolia, Morocco, Mozambique, Myanmar, Nicaragua, Niger, Nigeria, North Korea, Northern Mariana Islands, Pakistan, Panama, Puerto Rico, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Sao Tome and Principe, Senegal, Sierra Leone, Solomon Islands, Somalia, South Sudan, Sudan, Suriname, Swaziland, Syria, the United States, Trinidad and Tobago, U.S. Virgin Islands, Uganda, Ukraine, United States Minor Outlying Islands, Vanuatu, Venezuela, Western Sahara, Yemen, Zimbabwe.
3. APPLIED LIMITS AND DOCUMENT REQUIREMENTS
3.1. If the total amount of incoming transactions to WME purses belonging to the same passport has not exceeded 2,500 WME within one calendar year, the passport owner is not required to provide their identification documents.
3.2. If the total amount of incoming transactions to WME purses belonging to the same passport has exceeded 2,500 WME within one calendar year, the passport owner is required to provide the following identification documents:
- their valid citizen passport or another identification document;
- a document confirming their current residential address;
As proof of address, we accept scanned copies or photocopies of the following documents:
- Bank statements from your current account or a letter of reference from your bank;
- Utility bills (water, gas, electricity, landline phone);
- Certificate confirming internal residence permit issued by a statutory authority;
- A page of the passport confirming internal residence permit (“propiska”).
Please read carefully the requirements of documents confirming a residential address.
3.3. If the total amount of incoming transactions to WME purses belonging to one passport has exceeded 15,000 WME within one calendar year, the passport owner must provide documents confirming the source of funds.
Please read carefully the requirements of documents confirming the source of funds on WME purses.
Scanned copies or photocopies of the required documents should be uploaded to the WebMoney Passport website.
In the events that the WME purse owner does not comply with the listed requirements and/or a provided identification document has expired, the rights on the usage of WME by the owner may be restricted for both incoming and outgoing transactions (purses may be blocked).
The date on which these requirements entered into force - 15.07.2015.
The requirements upon owners of purses belonging to legal entities and entrepreneurs
to owners of WME purses:
1. INFORMATION ABOUT PURSE OWNER AND AGE REQUIREMENTS
The WME purse owner must provide their full name, date of birth and residential address, including the country of residence.
The WME purse owner must be at least 18 years of age if they live within the European Economic Area (EEA) or in the United Kingdom or 14 years of age if they live outside of the European Economic Area provided that it is not contradictory to the law applied in their country of residence.
The EEA countries include: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden.
2. PROHIBITED COUNTRIES AND REGIONS
The usage of a WME purse is not permitted for natural persons residing in the following countries and regions: Afghanistan, Albania, Algeria, American Samoa, Anguilla, Antigua and Barbuda, Bahamas, Barbados, Belize, Benin, Botswana, Bouvet Island, British Virgin Islands, Burkina Faso, Cambodia, Cayman Islands, Central African Republic, China, Christmas Island, Cocos (Keeling) Islands, Cook Islands, Côte d'Ivoire, Crimea, Cuba, Dominica, Dominican Republic, Ghana, Grenada, Guam, Guyana, Haiti, Heard Island and McDonald Islands, Iran, Iraq, Jamaica, Kenya, Laos, Libya, Maldives, Mali, Marshall Islands, Mauritania, Mauritius, Mongolia, Morocco, Mozambique, Myanmar, Nicaragua, Niger, Nigeria, North Korea, Northern Mariana Islands, Pakistan, Panama, Puerto Rico, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Sao Tome and Principe, Senegal, Sierra Leone, Solomon Islands, Somalia, South Sudan, Sudan, Suriname, Swaziland, Syria, the United States, Trinidad and Tobago, U.S. Virgin Islands, Uganda, Ukraine, United States Minor Outlying Islands, Vanuatu, Venezuela, Western Sahara, Yemen and Zimbabwe.
3. APPLIED LIMITS AND DOCUMENT REQUIREMENTS
3.1. If the total amount of incoming transactions to WME purses belonging to the same WebMoney passport has not exceeded 1,000 Euro within one calendar year, the user is not required to provide their identification documents.
3.2. If the total amount of incoming transactions to WME purses belonging to the same WebMoney passport has exceeded 1,000 Euro within one calendar year (January 1 – December 31 of the current year), the user is required to:
3.2.1. Verify his or her identity
(1) Provide a government-issued document containing photographic evidence of identity from the following list:
- a valid unexpired passport;
- a valid unexpired national or other government-issued identity card.
Scanned copies or photocopies of the required documents should be uploaded to the WebMoney Passport website.
The content of the document should be written in Latin characters or in Cyrillic or you should provide a certified translation of the document into Russian or English.
(2) perform a PhotoID or VideoID verification
3.2.2. Provide a proof of address by choosing ONE of the following options:
1st option
If the residence address is listed on a government issued document (Passport, ID Card, Driving License and Residence Permit) it is required to:
(1) Upload a copy or photocopy of the relevant document page with address to the WebMoney Passport website
(2) Perform address photo or video verification
Address photo verification
Take a photo of yourself (selfie) along with the page of the document with the address on it and upload it for verification to the WebMoney Passport website (type "Selfie with address confirmation document").
Address video verification
It is also possible to arrange a video interview with the representative of WME Guarantor sending an email to support@webmoney.eu.
The content of the document should be written either in Latin characters or in Cyrillic. Otherwise, you should provide a certified translation of the document into Russian or English.
2nd option
Provide two (2) proof of address documents of different sources from the following list:
- utility bill dated within the last 6 months; (water, gas, electricity, landline phone);
- statement dated within the last 6 months from your current account or reference letter issued by a recognized credit institution or bank;
- certificate of registration dated within the last 6 months at a place of residence issued by a statutory authority;
- correspondence from a central or local government authority, department or agency dated within the last 6 months;
- any other government-issued document not mentioned above.
Scanned copies or photocopies of the required documents should be uploaded to the WebMoney Passport website.
Please read carefully the requirements of documents confirming a residential address.
3.3. If the total amount of incoming transactions to WME purses belonging to one passport has exceeded 15,000 Euro within one calendar year, the passport owner must provide documents confirming the source of funds and source of wealth.
Please read carefully the requirements of documents confirming the source of funds on WME purses.
Scanned copies or photocopies of the required documents should be uploaded to the WebMoney Passport website.
In the events that the WME purse owner does not comply with the listed requirements and/or a provided identification document has expired, the rights on the usage of WME by the owner may be restricted for both incoming and outgoing transactions (purses may be blocked).
Date of requirement entry into force – 17.06.2021.
The requirements upon owners of purses belonging to legal entities and entrepreneurs