KYC Verification Statuses and Decision Reasoning Guide
Understanding the statuses and decision reasoning in the KYC process is key to managing verifications. This document details the statuses during the verification process and the reasoning behind decisions.
Available Verification Statuses
| Status | Key | Description |
|---|---|---|
NOT STARTED | Not Started | The verification process has not been initiated by the user yet. This is the initial state for all new verification requests. |
IN PROGRESS | In Progress | The user has started the verification process and is currently submitting their information and documents. |
VERIFIED | Approved | The verification has been successfully completed and approved. All required checks have passed. |
DECLINED | Declined | The verification has been rejected due to issues with submitted information or documents not meeting requirements. |
REVIEW | In Review | The verification requires manual review by the compliance team due to certain flags or inconsistencies. |
EXPIRED | Expired | The verification session has timed out before completion. The user will need to start a new verification process. |
ABANDONED | Abandoned | The user started but did not complete the verification process within the required timeframe. |
KYC EXPIRED | Kyc Expired | The previously verified KYC has expired and needs to be renewed. This typically occurs after a set period from the initial verification. |