XTRM Identity Levels (IDL) and Limits Overview for Companies

XTRM accounts have 4 distinct account identity levels:

IMPORTANT FOR COMPANIES - ONLY the master admin can get the organization profile to 100% (Green) . Manager and standard admins when completing their company profile are doing doing it for their regional office or regional legal entity which does not contribute towards global compliance. The master admin should complete the company profile (Basic) using their organization HQ information (versus a regional office/entity info) which will increase their identity level and therefore increase fund, send and transfer limits for all regions and admins. They should also complete the advanced services profile if they need access to advanced services. 

Identity Level
Company Profile Completeness (Master Admin Login)

# Identity Documents Uploaded
  1. Pending

Account creation initiated
0/1/2/3 of 3
  1. Basic

Basic payment and FX
0/1/2/3 of 3
  1. Standard

Increased payments and FX
1/2/3 of 3
  1. Advanced

High volume payments and FX

2 of 3

These identity levels are displayed to company admins and personal account owners in their profile and in settings. Every profile field with a cross or tick icon, depending on whether completed or not, contributes to the profile completeness. 

Icons look like this:

Increased Identitly Level (IDL) will increase your Fund, Send and Transfer limits. It has no effect on your ability to receive payments into your wallets.

How to increase your account identitly level. (IDL) - Company Accounts

The Identitly level is set by completion of the master admin profile only since they are considered the authorized account signatory for compliance purposes. Other regional admins can complete their profile but it will not be applied to the compliance  Idenitiy Level (IDL). 

1) Goto the 'Profile' section of your account and complete every field until you see no cross icons.

For companies, there are 2 sections of the profile to be completed - 'You' and 'Company (Basic)'. 


2) Complete 2 out of 3 of the following in the settings section Company (Basic):

1) Upload identity documents photo (company tax document, drivers licence or passport) 

2) Link a bank 

3) Link a payment card (credit or debit card)

Company Screen Shots:

How to increase limits even further than the default for Advanced Identity Level

Once your profile is 100% complete, and you are on identity level 'Advanced' you can request even higher than the default limits by emailing support@xtrm.com.

Note: These are global banking requirements that all financial institutions have to adhere to. We are required to collect an individuals information for anti-fraud purposes and for companies, both an authorised person as well as company information. We fully understand, respect and adhere to all global privacy regulations and we do not share information as per our strict privacy policy