POLICY AGAINST MONEY LAUNDERING
Policy Against Money Laundering
Objective: The Company’s Anti-Money Laundering Protocol intends to fulfill the rules, obligations, regulations and policy established by the Financial Action Task Force to fight against terrorist financing, money laundering and risk at the integrity of the international financial system.
Section 1. Protocol.
Section2. General Measures.
Section 3. Limitations.
When depositing money, the sender’s name and the present information of the Client should match. In case there is any form of discrepancy, the Company automatically cancels or suspends the transaction. Further to this, third parties are forbidden to to conduct the transaction in replace of the Client. All the third party checks must pass through and be checked by the Company first. If in any case the check is not approved by the Company, it is considered invalid.
Likewise, the information about the withdrawal recipient name and the account holder has to be the same. Withdrawal through wire transfer is only permitted ONLY at the same bank which has the same account name from where the money and or the funds was deposited.While, withdrawal through the online payment system is allowed ONLY at the same account and/or wallet from where it was deposited.
Section 4. Authorities