KYC involves collecting information about the customer – name, address, date of birth… – by verifying the authenticity of this information using reliable, independent sources, such as government-issued identity documents. KYC documents may vary according to the specific regulations and requirements of each financial institution and country. However, commonly requested KYC documents include a valid identification document such as an ID card, passport or residence permit. Certain countries such as the UK, Austria and Italy will allow the driver’s license.