To make use of the WAX gateway and register an account you need to comply with our KYC policies.

To comply with South African laws and keep a good standing relationship with our banking partners and of course local authorities we require you to provide us with your personal details as well as related identification documents.

To qualify for an account you need:

  • a valid South African ID number
  • copy of your identity card or document
  • bank account number with a listed South African bank
  • verified email account
  • proof of address

In case of a business account, we also require the following information:

  • copy of your incorporation documents no older than 6 months
  • company registration number
  • company tax number
  • copies of id’s of all the incorporation members or legal representatives
  • proof of address

Once you have registered an account your information will be verified by appointed WAX staff members. Only once your information has been successfully verified will you have access to the WAX Fiat Gateway service.

 

How long does verification take?

Depending on the volume of new registrations, verification can take 1 – 3 days. Once your account has been successfully verified you will be notified via your provided email account.

Join WAX today

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