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Collecting certain business details is required by law as part of a process called Know Your Customer (KYC). If anything’s incorrect, your account permissions could be limited, and you may not be able to receive payouts.
KYC is a regulatory requirement to help protect our community from fraud and to prevent money laundering and terrorist financing. Nearly every large company licensed to issue payments to individuals has to comply with KYC—in other words, we’re required to know who’s accessing the Airbnb account, and who’s getting paid.
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