AML/KYC Policy
We follow all relevant laws and guidelines set forth by the FinCEN, IRS, and other regulatory bodies in the United States. This includes compliance with the Bank Secrecy Act, which requires financial institutions to report suspicious activity and maintain records of financial transactions. We are committed to complying with these laws and doing our part to prevent money laundering and other illegal activities.
In order to comply with AML/KYC laws, we may request certain information from our customers to verify their identities and ensure that their transactions are legitimate. This may include things like government-issued identification, proof of address, source of funds explanation and other documentation. We take care to protect this information and handle it in accordance with all relevant privacy laws.
We also have procedures in place to monitor our customers' transactions and report any suspicious activity to the appropriate authorities. This includes maintaining records of all transactions and filing reports when appropriate, as required by law.
In addition to these measures, we also work closely with other financial institutions and regulatory bodies to ensure that we are complying with all relevant laws and guidelines. This includes regularly updating our policies and procedures to reflect any changes in the law or best practices.
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