Why do I need to verify the source of funds?

Regulators strictly control the financial technology industry to prevent possible crimes. To prevent the spread of fraudulent schemes in CFPS, we have to process a lot of personal data of our users.

Our system captures the accounts of users with suspicious activity and sends them for verification of their identity. For our part we do our best to keep the review process as short as possible. Sometimes the system asks us to verify the accounts of customers who have not done anything illegal – this is a routine practice that we are required to adhere to.

The CFPS team strives to make our users’ lives easier, and most importantly, safer. We hope the verification procedure will not subject you to unnecessary inconvenience.

Thank you for your understanding.