KYC/AML Compliance and Sanctions Screening

Ensuring the security and integrity of our platform is of utmost importance to us. As part of our commitment to regulatory compliance and best practices, we adhere to KYC procedures to verify the identity of our users. Why KYC?
KYC procedures are essential to prevent fraud, money laundering, and other illicit activities. By verifying the identity of our users, we maintain a secure environment for all participants on our platform.

Verification Requirements

To comply with our KYC policy, users are required to provide specific documentation and information for identity verification.
For deposits exceeding 5000 euros / month, the following documents are required:
1. Government-issued ID: A valid passport, driver's license, or national ID card.
2. Proof of Address: A recent utility bill, bank statement, or other official documents confirming your residential address (issued within the last three months).
3. Source of Funds: Documentation or evidence demonstrating the legitimate source of your funds, such as employment contracts, tax returns, or business documents.

Submission Process

1. Submitting Documents: If your account is in "Suspended" status or pending KYC compliance, please send clear and legible copies of the required documents to our designated email address.
2. Review & Approval: Our compliance team will review your submission. Please allow up to 5 business days for verification.
3. Confirmation: Upon successful verification, you will receive a confirmation email, and your account will be granted full access to our platform features.

Confidentiality & Security

We prioritize the confidentiality and security of your personal information. All data submitted for KYC verification is encrypted and stored securely in compliance with applicable data protection laws and regulations.

Contact US

For any questions or assistance regarding KYC verification, please contact our support team

AML Policy Overview

Our AML policy is designed to comply with international standards and regulations aimed at preventing money laundering, terrorist financing, and other illicit financial activities. We adhere to strict customer due diligence (CDD) measures, ongoing monitoring, and reporting obligations as required by applicable laws and regulatory authorities.

Customer Due Diligence (CDD)

To ensure compliance with our AML policy, we conduct thorough customer due diligence measures, which may include: 1. Identity Verification: Collecting and verifying customer identification information, such as government-issued IDs, passports, or utility bills. 2. Risk Assessment: Evaluating the risk profile of customers based on their transactional activity, geographic location, and other relevant factors. 3. Ongoing Monitoring: Continuously monitoring customer transactions and account activities to detect any unusual or suspicious patterns that may indicate money laundering or fraud.

Reporting Suspicious Activities

We encourage our customers and stakeholders to report any suspicious activities or concerns related to potential money laundering or terrorist financing. If you have information or observations that may be relevant to our AML efforts, please contact our compliance team.

Sanctions Compliance and Policy

Ensuring regulatory compliance and maintaining the integrity of our platform are paramount to us. As part of our commitment to adhering to international sanctions, we have implemented strict policies to ensure that our services are not utilized for illegal or unauthorized activities.

Sanctioned Countries List

For transparency and compliance, the following countries are explicitly prohibited from opening accounts on our platform:
1. North Korea 2. Iran 3. Russia 4. Syria 5. Crimea (Region of Ukraine) 6. Cuba 7. Sudan 8. Venezuela

Prohibited Activities

Opening an account or conducting transactions from the sanctioned countries listed above is strictly prohibited. Any attempts to circumvent these restrictions or misrepresent your location will result in immediate account suspension and legal actions as deemed necessary.

Monitoring & Enforcement

We continuously monitor account activities and utilize advanced screening tools to detect any violations of our sanctions compliance policy. If we identify any account associated with sanctioned countries or suspicious activities, the account will be promptly suspended, and appropriate actions will be taken in accordance with applicable laws and regulations.

Reporting & Cooperation

We encourage our users and stakeholders to report any suspicious activities or potential violations of sanctions compliance. Your cooperation is essential in helping us maintain a secure and compliant platform. Please contact us to report any concerns or inquiries related to sanctions compliance.

Legal Consequences

Non-compliance with our Sanctions Compliance and Policy may result in severe legal consequences, including account termination, forfeiture of funds, and potential criminal prosecution. We are committed to working closely with regulatory authorities to ensure full adherence to international sanctions and regulations.