The Baltic Exchange KYC Platform

Convenient and cost-effective KYC solutions at the click of a button.

Know Your Customer (KYC)

KYC began in the financial sector to ensure businesses are doing due diligence on customers to prevent fraud, money laundering, and terrorism financing. Over time, this has spread into other industries, and for the shipping industry, which often deals with high-value cargoes and operates across international borders, due diligence is a crucial tool for risk management and ensuring compliance.

To support the drive to improve risk and compliance standards and practices, the Baltic Exchange has developed a KYC Tool for the maritime industry and beyond.

Powered by both Moody’s Orbis for Compliance and GRID databases, the KYC Tool collects data from multiple trusted sources, including a continuously updated risk data archive.

For more information on why KYC is important, how the Baltic KYC Tool will help you and other FAQs, please scroll down.


Why you need KYC

Know Your Customer (KYC) refers to the measures that companies take to understand who their customers are and extend to their customers’ beneficial owners, where relevant. Click to access our Best practice document.



Top features of the Baltic Exchange KYC Tool

To help support informed decision-making and meet any regulatory obligations, the Baltic Exchange KYC Platform provides an enhanced due diligence approach. Click through to read about the capabilities we offer.



KYC - An introduction

Introducing the Baltic Exchange KYC Platform… convenient and cost-effective KYC solutions at the click of a button... Click the button below to find out more about the Baltic Exchange KYC Platform itself or click here to access our user guide.

UK Government Guidance

Financial sanctions guidance for maritime shipping. This guidance is produced by the Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, the authority for the implementation of financial sanctions in the UK. 

Frequently Asked Questions

What is KYC? Why is it important for the shipping industry? How does the process work? How long does the process take? How do I get support for issues on the platform? Find out all you need to know in our Frequently Asked Questions section.