Remittance & money transfer
Open remittance accounts in minutes, from the customer's phone
Money transfer providers must know who their customers are before the first transfer. Yimi turns identity onboarding into a guided mobile journey of consent, document scan, selfie and configurable checks, with a clear outcome for your team.
Example Remit would like to verify your identity for remittance account opening.
Business console
Remittance account opening · SIM-1180
- Consent recorded
- Passport image quality
- Face match
Audit record
- 09:40Verification requested · remittance account opening
The customer journey
From sign-up to first transfer
Step 1 of 9
Customer registration
The customer
The customer opens the app to send money abroad and taps Create account. Before anything is captured, they see who is asking for their identity, why, and what will be collected.
What Yimi does
Yimi presents the business's purpose and records the customer's consent before the journey continues.
The challenge
Remittance customers expect to send money the day they sign up, but identity checks often send them to a branch or an agent.
- Many senders register while living abroad, far from a branch, and abandon sign-ups that require paperwork in person.
- Agents and call centres retype passport and permit details by hand, introducing errors into customer records.
- Providers need a dependable record of how each sender's identity was established before money leaves the account.
Who you onboard
The people remittance & money transfer businesses need to verify
Senders working abroad
Customers who often hold a passport or permit from another country and register entirely on mobile.
Recipients collecting funds
People receiving transfers who may need to confirm their identity before collecting cash or opening a wallet.
Agents and partner outlets
Staff at partner shops who help customers register and need a consistent, recorded verification step.
Example workflow
How it works with Yimi
A typical onboarding journey for this industry, configured with Yimi.
- 1
Consent in the provider's app
The sender starts registration in your app and agrees to share identity details for the stated purpose of account opening.
- 2
Passport or permit capture
Guided capture of the passport or residence permit, with glare and focus feedback and data read from the document.
- 3
Guided selfie
The sender takes a selfie on screen, ready for comparison with the photo on their document.
- 4
Native face match, then optional checks
Yimi Core compares the selfie with the document photo; liveness and identity data checks with external sources are added where available for your market.
- 5
Outcome for your compliance decision
Your team receives verified, referred for review or not verified, with reasons, and completes its own customer due diligence.
Business outcomes
What it means for your business
- Senders can register from wherever they are, without visiting a branch or agent first.
- Compliance analysts review exceptions with the document, selfie and check results together in one place.
- Each new account carries a record of consent, the checks performed and the outcome.
Capabilities
Capabilities for this workflow
Yimi establishes and records the sender's identity. Sanctions screening, transaction monitoring and transfer limits remain your own processes and decisions.
- Applicant consent on mobile
- Outcome and audit record
- Passport and permit capture with OCR
- Guided selfie capture
- Native face matching
- Liveness detection
- Optional government and credit-bureau checks
Explore Yimi for remittance & money transfer
Request a demo to see Yimi configured for your onboarding journey, volumes and markets.