Guide on Perfect Money account verification

Recent Perfect Money update caused great discussion in the sphere of e-currency exchange market. Perfect Money authorities have announced about the increase of internal transfer fee from 0.5% to 1.99% for all non-verified Perfect Money account holders.

This initiative is to stimulate all Perfect Money users with unverified accounts to take further steps and complete verification. Verification is preferable for increase of system transparency.

As already has verified Perfect Money account, we think that this is our duty to help others and unveil some details and hints concerning verification on

In general, verification process on Perfect Money is simple, and is divided into 3 steps: verification of your identity, address and telephone number.

On the step 1, when you start this process you need to provide the copy of your valid national ID, national / international passport or driver license as a proof of your identity.

Hint: Make a digital copy of the document in high resolution and in one of the most widespread formats, like jpg, jpeg, png or pdf, etc.

Step 2 implies that you need to provide proof of your address. To do this you need to send your utility bill or any other bill that you receive each month with your name, current address and date on it.

Hint: Documents which prove your identity are checked within 1-2 business days. Then you are asked to show your utility bill. To spare time, you can send utility bill together with your ID. So you will merge the 1st and 2nd steps of verification and win time for you. Also to avoid questions and specifications from Perfect Money you should initially provide documents in English.

The last step is verification of telephone number. You need to fill in your phone number and verify it. Within 1 minute you will receive a call. Listen carefully and write down the code to complete phone verification.

Hint: as Perfect Money is an international service, be sure that you have indicated your phone number in international format.

When you have completed all 3 steps you receive fully verified Perfect Money account, which helps you to spare 1.49% on the fee for internal transfers.

We also would like to remind you about safety of your Perfect Money account and funds on it:

  • To safeguard your account choose Identity check and sms verification and you will be sure that no one except for you can enter it.
  • Choose strong password. It has to be more than 20 symbols long and include upper- and lower-case letter, numbers, special symbols. It is also recommended to change your password at least once in 1-2 month.
  • Do not share your personal details with the third parties.