Requirements for WMV Purse owners (Natural Persons)

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WebMoney Purse in Vietnam (hereinafter referred to as “WMV purse”) issue the requirements for the customer who use WebMoney purse in Vietnam (hereinafter referred to as “WMV purse holder”) including individuals and corporations, as below:

I/ For individuals:

1) User Details and Age Restrictions

1.1) In order to use WMV purse, the WMV purse holder must provide:

• ID number or passport;
• First name, last name;
• Permanent address;
• Date of birth;
• Mobilephone number;
• Email address;
• Upload photo or scan of ID/Passport.

1.2) The WMV purse holder must be full civil legal capacity and civil behavior capacity and at least 15 years of age if he/she resides in Viet Nam or at least 15 years old if he/she is residing in other countries and is of legal age in their country of residence can creat to use WMV purse

2) The holder purse can withdraw WMV, when he/she add:

• Bank account number;
• The name of bank account holder;
• The name of bank and branch where your bank account was opened;

2.1) Requirements for the WMV purse with the high value transactions:

• If the total deposits made to all WMV purses belonging to one passport exceed 500.000.000 WMV during one calendar year, WMV purse holder is required to confirm the personal information again, it is necessary to submit the following documents:

+ A document confirming your current place of residence
+ Other documents (if any)

• If the total deposits made to all WMV purses belonging to one passport exceed 1.000.000.000 WMV during one calendar year, it is necessary to submit:

+ The bank statement or other documents confirming the source of funds at least is 70%/the amount of turnover;
+ Other documents (if any)

In case a WMV purse holder does not satisfy the above requirements, his/her WMV user rights may be restricted (purses may be blocked) for both incoming and outgoing transactions.