Verification tiers
Every organisation on Rekyndo is verified to one of three public tiers. Higher tiers unlock higher conversion, faster payouts, and better placement.
Trust isn't a badge strip on a marketing page — it's a public, continuously-monitored tier that determines what you can do on the platform. Buyers filter by tier. Operators route verified leads to Tier 2+ by default. The verification tier your company carries shows up on every listing, every tender, and every message thread.
Tier 1 · Basic
The bar to list at all. We check the human operating the account is who they say they are, and the company exists on paper.
- Government-issued ID (operator) · passport / national ID / driving licence
- Liveness scan matched to the ID document
- Company register check across 24 European jurisdictions
- Sanctions screening (EU / UK / UN / OFAC + 138 other watchlists)
- Politically-exposed-person (PEP) screening on the operator
- Domain + work-email verification
Turnaround: minutes. 2,696 sellers currently hold Tier 1 (sample).
Tier 2 · Business
For dealers and yards moving real volume. We verify the business functions and the bank account belongs to it.
- Everything in Tier 1
- Beneficial ownership disclosure (anyone ≥ 25%)
- Bank account verification via a penny-test matched to the registered name
- VAT / tax-identifier check
- At least 3 years of trading history (audited or filed accounts)
- Annual re-screening
Turnaround: 24–72 hours. 412 sellers currently hold Tier 2 (sample).
Tier 3 · Enhanced
For marquee sellers and enterprise buyers with compliance obligations. We visit the yard, audit the books, and check what's being sold came from a lawful place.
- Everything in Tier 2
- Physical site inspection by a Rekyndo auditor, biennial
- EUDR due-diligence on supply — title chain, scrap receipts, prior ownership
- ISO certifications verified with the issuing body
- Audited financials reviewed by our compliance team
- Named compliance officer on file · continuous re-screening
Turnaround: 2–6 weeks. 96 sellers currently hold Tier 3 (sample).
Continuous monitoring
Verification is not a one-time badge. Every verified organisation is re-screened weekly against sanctions watchlists and court records. Status changes are surfaced immediately — if an organisation loses Tier 2 (for example, bank account closed), listings pause automatically until the check is re-passed.
Public audit log
Every tier change is logged publicly at /trust/<org-slug>/audit. The log includes the check that triggered the change, the timestamp, and a cryptographic signature so auditors can confirm the status hasn't been tampered with after the fact.