Why do we ask for information about your business finances during your account opening ?

  • Updated

As a payment institution, Qonto operates under the supervision of the ACPR (Autorité de Contrôle Prudentiel et de Résolution) and is subject to:

  • Regulations related to anti-money laundering,

  • The implementation and compliance with internal compliance and security rules,

  • The collection of information on the business activities of its clients.

Therefore, by asking our clients to declare their sources of funding, we aim to:

  • Understand our clients and their needs,

  • Understand the financial situation of our clients and their organization,

  • Build a strong professional and commercial relationship,

  • Provide the highest quality of service.