KYB (Know Your Business) and AML (Anti-Money Laundering) are both crucial measures used to prevent illegal activities.
KYB focuses on verifying the identity of business partners or clients and understanding their business practices.
AML, on the other hand, is aimed at identifying and preventing illegal activities, such as money laundering.
For more information:
https://oxsecurities.com/account/client-verification-process/
https://oxsecurities.com/about-us/legal-documents/
https://oxsecurities.com/trading-accounts/account-types/
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