Verification is a gate, not a sticker
Worldwatch establishes who a dealer is before the parts of the platform that carry other people’s money and other people’s stock will open. A public badge is not part of it yet.
Wild Olive Tree Roots, Valldemosa, Majorca
1908
John Singer Sargent
What verification opens
Verification is not one status. It is a set of named schemes, each holding its own requirements and its own progress.
- Dealer onboarding
- The scheme that establishes you are a business trading in watches. Every account meets this one first.
- Marketplace access
- Modelled as its own scheme, so dealer-to-dealer trading can be held to a different bar than access to the software itself.
- Channel publishing
- Publishing to an outside marketplace under your own credentials is a separate question from being a dealer, and it is verified separately.
- Jeweller and auctioneer onboarding
- Two further schemes for businesses that are not primarily pre-owned watch dealers and are not held to the same requirements.
- Progress you can see
- The dashboard reports each scheme’s status and how many of its requirements you have met, so an action you cannot take tells you what is outstanding rather than that you are not allowed.
How it runs
Confirm your contact details
Email and phone are confirmed by one-time code while you sign up.
Complete your company information
Company details live in one settings screen, and that screen is where a blocked action sends you.
The requirements are evaluated
Each scheme carries its own list, assessed against what you have provided rather than by one long form you fill in a single sitting.
The gate opens
An action held behind a scheme becomes available when that scheme completes. Until then, the product names the scheme holding it and how far along you are.
What a scheme can ask for
Which of these apply depends on the scheme.
- Who the business is
- Company registration and VAT number, a business address, and the legal representative acting for the company.
- Who you are
- An identity document for the person representing the business, alongside the contact confirmation from sign-up.
- Reachability
- A confirmed email address and a confirmed phone number, both established by one-time code.
- Screening
- Sanctions and politically-exposed-person screening, and a wider compliance check, for the schemes carrying a regulatory obligation.
- Where the money comes from
- Bank account details, proof of funds and source of wealth, for the schemes that require them.
- Terms
- Acceptance of the terms attaching to the scheme being granted.
Questions about verification
Put your stock to work
Import what you already hold, connect a channel, and see what moves. The free plan needs no card, and selling on the Worldwatch marketplace costs no commission.
Questions first? Ask us and we will walk through it with your own stock.