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KYB Friction with Smaller PSPs for FX Payouts
Anyone else finding the Know Your Business process for smaller payment service providers is getting increasingly difficult, especially for payouts in non-mainstream currencies or for clients operating cross-border in more 'sensitive' jurisdictions? It feels like the compliance overhead for anything beyond basic $USD/$EUR transfers is starting to outweigh the spread benefits. What's been your experience lately regarding the balance between compliance burden and service flexibility from these providers?
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