Common Questions
Frequently Asked Questions About YooRemit
Do I need my own money transfer licence to use YooRemit? ▾
Not for the White-Label product. You operate under our HK or Mauritius licence while you build. For the Payout API, you typically need your own licence depending on your jurisdiction — our compliance team will advise during onboarding.
What does "zero settlement risk" actually mean? ▾
It means your funds are held in a prefunded model — we never commingle client money, and payouts are drawn from your pre-loaded balance. There is no exposure to counterparty clearing delays or failures.
Can I start with the API and upgrade to White-Label later? ▾
Yes — and it's the most common path. The API and White-Label share the same infrastructure, so your corridors, FX configuration, and compliance setup carry over. No re-integration required.
How is YooComply different from standalone KYC tools? ▾
Most KYC tools stop at identity verification. YooComply covers the full compliance lifecycle — onboarding, ongoing transaction monitoring, case management, and audit reporting — in one platform without code.
What support do I get after going live? ▾
Direct access to a dedicated technical and compliance contact — not a support queue. For API clients, this includes SLA-backed uptime and response commitments.