KYC and transaction verification policy.
Why identity verification is required, how AML screening is applied, and which wallet or account secrets must never be shared.
Contact BuyBitcoinLebLebanon's first KYC-required crypto OTC desk. KYC verification and AML screening on every transaction since 2013.
Why BBL requires KYC
Identity verification helps establish who is transacting, reduces impersonation and fraud, supports transaction records, and allows BBL to apply risk-based AML controls before accepting an order.
AML and compliance position
AML procedures aligned with FATF guidance. Operating in accordance with applicable Banque du Liban (BDL) circulars.
Information that may be requested
- Full legal name and contact details.
- Government-issued identity document.
- Selfie or identity confirmation where required.
- Purpose of the transaction or remittance.
- Source of funds or source of crypto where required.
- Wallet or payment information relevant to the order.
Verification depth can vary
Order size, transaction history, payment route, asset, wallet behavior and other risk factors can require additional information. Completing KYC does not guarantee that an order will be accepted.
What KYC does not require
BBL does not need your wallet seed phrase, private key, exchange password or two-factor authentication code.