RebelsFunding Legal & Compliance
Know Your Customer (KYC) and RCF Account Activation
KYC is mandatory before an RCF Account is activated. After successful completion of an Evaluation, the system may generate a pending RCF account profile automatically. This technical step does not mean that the account has been approved, activated or accepted for RCF cooperation.
This page explains how RIFM, s.r.o. verifies identity, address, residency and, where relevant, company information before a pending RCF account is approved and activated.
Successful Evaluation makes the trader eligible for a separate RCF review. It does not create an automatic right to active RCF cooperation, an effective RCF Account Contract, a payout or a reward.
1. Scope and responsibility
1.1
RIFM, s.r.o. manages and controls the KYC and RCF approval process. The checks are part of the assessment for possible RCF cooperation. They are not the opening of a brokerage account and do not mean that the trader is depositing capital or opening a live trading account.
1.2
RIFM may request or repeat identity, residency, payment, sanctions, fraud-prevention or other compliance checks before an order, during an Evaluation, before activation of a pending RCF account, before a reward or whenever a legal, security, payment, jurisdictional or risk concern arises.
1.3
Where RCF cooperation is approved, the RCF Account Contract is concluded between the trader, RIFM, s.r.o. and FRCSM, s.r.o. RIFM controls the KYC and onboarding decision and coordinates the Provider-side approval and signature process.
2. Process after successful Evaluation
2.1
After the trader successfully completes the relevant Evaluation, the account and trading activity may be reviewed. At the same time, the system may generate a pending RCF account profile.
2.2
The pending profile remains inactive. It cannot be used as an active RCF Account and does not create a right to trade under RCF cooperation or to request a reward until all required onboarding steps are completed and RIFM approves activation.
1
Evaluation reviewRIFM reviews successful completion, compliance with the applicable rules, trading history and, where necessary, the strategy or supporting explanation.
2
Veriff identity verificationThe designated trader completes the required identity-verification session using a supported valid identity document and the requested selfie or liveness process.
3
Xodo Sign contract package and POAAfter Veriff, the trader receives the RCF contract package through Xodo Sign, completes the required information, signs the contract and attaches a valid Proof of Address in the same onboarding workflow.
4
Company verification, where applicableIf the service was purchased by a company, RIFM verifies the company and the designated trader's relationship to it through reliable public or official sources and, where needed, additional documents.
5
RIFM manual reviewRIFM reviews the Veriff result, contract, Proof of Address, company information and other relevant records and may request corrections, clarification or additional evidence.
6
Provider approval, signatures and activationIf the review is satisfactory, the required Provider-side approval and signatures are completed and the pending RCF account is activated. If the requirements are not met, activation may be delayed or refused.
3. Identity verification through Veriff
3.1
RIFM uses Veriff as its external identity-verification provider. The trader normally receives a secure link or QR code and is guided through the verification process.
3.2
Depending on the country and supported workflow, Veriff may request a passport, national identity card, driving licence, residence permit or another supported valid identity document together with a selfie or liveness check.
3.3
The process may include document-validity and authenticity checks, comparison of the person with the identity document, technical and device checks, fraud-prevention controls and configured sanctions, PEP, watchlist or adverse-media screening where applicable.
3.4
A session may be approved, require resubmission, require additional information, be referred for manual review or be declined. RIFM may allow another Veriff attempt or request human review through the Veriff process where appropriate. The Veriff result is an input into the decision; the final RCF activation decision is made by RIFM.
Raw session media: RIFM does not normally download or separately store the raw identity-document photographs, selfie or video captured during the Veriff session. Veriff processes and retains the session data under the contracted service configuration and its applicable privacy and data-retention terms. RIFM stores the generated verification report, the result and the records needed for the onboarding decision.
4. Xodo Sign contract package and Proof of Address
4.1
After the required Veriff step, the trader receives the RCF Account Contract package through Xodo Sign by Apryse. The trader completes the required information, signs the contract and attaches the requested Proof of Address as part of the same onboarding workflow.
4.2
The Proof of Address must be an official and readable document issued no more than six months before submission. It must show the trader's full name, complete residential address, date of issue and an identifiable issuer.
4.3
Depending on the country, an acceptable document may include a bank statement, utility bill, residence certificate, tax or government document, or another reliable official document accepted by RIFM. A cropped, altered, unreadable or undated document, a simple screenshot or a document showing only a P.O. box may be rejected.
4.4
RIFM manually verifies the address and residency and compares the Proof of Address with the Veriff result, Client Zone data, payment information and the RCF contract. Material differences must be explained and may require a replacement document.
4.5
Xodo Sign provides the electronic-signature and document workflow. It may generate a completion certificate and audit trail containing information such as signer identity, e-mail address, IP address, timestamps and actions taken in the document. Xodo Sign does not decide whether the trader passes KYC or whether the pending RCF account is activated.
5. Company purchases and verification
5.1
If a service was purchased in the name of a company, the designated natural person who will trade must complete personal identity verification. The company does not replace the individual trader's KYC.
5.2
RIFM verifies the company and the designated trader's relationship to it using reliable public business registers and other official sources. The designated trader must normally be identifiable as an executive director, shareholder or partner of the company.
5.3
If reliable online verification is unavailable, incomplete, outdated or inconsistent, RIFM may request a current company-register extract, certificate of incorporation, ownership or shareholder information, beneficial-owner information, evidence of the trader's position or ownership relationship, tax or registered-office documents, an authorisation or other supporting evidence.
5.4
An employee or unrelated third party is not accepted as the designated trader merely because of employment or an internal authorisation. Employees, other directors, shareholders or representatives may not alternate in trading or share the account. Any permitted change of the designated trader requires prior express approval by RIFM.
6. Review, Provider signatures and activation
6.1
After the trader has completed Veriff, signed the contract and attached the Proof of Address, RIFM reviews the full onboarding file. The review may include the Evaluation result, trading records, identity-verification report, address and residency, company information, payment information, contract data and any additional evidence.
6.2
If the file is complete and acceptable, RIFM approves the onboarding, coordinates completion of the required Provider-side signatures by RIFM and FRCSM and activates the pending RCF account.
6.3
If the file is incomplete, inconsistent or cannot be verified, RIFM may request a new Veriff session, a replacement Proof of Address, a corrected contract, additional company or payment documents, clarification or another review.
6.4
If the requirements are not completed or the overall legal, sanctions, fraud, security, payment, jurisdictional, reputational or compliance risk is not acceptable, RIFM may refuse activation and terminate the pending onboarding process.
Important: creation of a pending account profile, successful Veriff, submission of Proof of Address or the trader's signature does not by itself make the RCF cooperation effective. The pending account becomes an active RCF Account only after the required review, Provider approval, Provider-side signatures and activation are completed.
7. Possible outcomes
7.1
Approved and activated: all required steps are completed, the required signatures are in place and the pending RCF account is activated.
7.2
Resubmission required: a clearer, valid or replacement document, a new Veriff session, a corrected contract or a new Proof of Address is required.
7.3
Additional documents required: RIFM needs further address, company, ownership, payment, tax or other supporting evidence.
7.4
Manual review: the case is reviewed by an authorised person before a final decision is made.
7.5
Activation refused: the pending RCF account is not activated because the required checks were not completed, the information could not be verified or the risk is not acceptable.
7.6
To protect the effectiveness of security, sanctions and fraud-prevention controls, RIFM is not required to disclose internal scoring, provider configuration, detection methods, thresholds or detailed reasons where disclosure could enable circumvention or weaken the controls, unless applicable law requires otherwise.
8. Data, storage and retention
8.1
Depending on the case, RIFM may process and store the Veriff result and PDF report, identity details required for the decision, Proof of Address, company and ownership documents, payment-verification information, the signed RCF Account Contract, Xodo Sign audit records, communications and the internal approval or refusal record.
8.2
RIFM stores its copies on secured, access-restricted internal storage and limits access to authorised persons who need the information for onboarding, administration, security, dispute resolution or legal and contractual purposes.
8.3
Records are retained only for as long as reasonably necessary to complete and administer the cooperation, meet applicable legal and contractual requirements, prevent abuse, resolve disputes and establish, exercise or defend legal claims. When no longer required, they are deleted or anonymised, subject to applicable backup cycles and overriding legal requirements.
8.4
Veriff and Xodo apply their own provider-specific processing and retention rules to data stored in their systems. More detailed information about purposes, legal bases, recipients, international transfers, retention criteria and data-subject rights is provided in the RebelsFunding Data Protection documentation.
9. Customer responsibilities
- Use only Your own true and current identity, address, company and payment information.
- Complete the verification personally and do not permit another person to complete it for You.
- Provide complete, readable and unaltered documents through the official channel requested by RIFM.
- Explain material differences in names, transliteration, addresses, residence, company records or payment information.
- Do not send passwords, card security codes, private keys or identity documents through unofficial social-media or messaging channels.
- Notify RIFM without delay if relevant identity, address, residency, company or ownership information changes.
Human decision: a technical verification result does not make the final contractual decision. RIFM evaluates the complete file and makes the final RCF activation decision.
10. Related documents
This page is a practical description of the KYC and RCF activation process. It should be read together with the Terms & Conditions, Anti-Money Laundering, Sanctions and Fraud Prevention Statement, Data Protection documentation and, where cooperation is approved, the separate RCF Account Contract.
If a practical explanation on this page conflicts with a contractual document governing a specific service or RCF cooperation, the applicable contractual document takes precedence.
RIFM, s.r.o. / RebelsFunding
Landererova 8, Bratislava - Staré Mesto 811 09
Slovak Republic
Company ID: 48 116 700
Email: [email protected]
Landererova 8, Bratislava - Staré Mesto 811 09
Slovak Republic
Company ID: 48 116 700
Email: [email protected]
