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KYC Verification Policy
KYC Verification Policy
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Version 1.0
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Effective as of May 7, 2026
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Published May 7, 2026
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Updated May 7, 2026
Why We Verify Identities
Swapin is a marketplace for high-value physical asset transitions. To protect all members and comply with Nigerian financial regulations, we require identity verification before asset declarations or trades can proceed.
What We Collect
We collect your full legal name, date of birth, NIN, BVN, phone number, and a government-issued photo ID. This information is encrypted and stored securely.
Verification Process
Submissions are reviewed within 1–3 business days. You will be notified of the outcome by email and in-app notification.
Compliance
Our KYC process is designed to comply with the Nigeria Data Protection Act (NDPA) and applicable CBN guidelines.
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Have questions?
If you have questions about any of our policies, please contact our support team.