AML & KYC Policy
Pay2.House Anti-Money Laundering (AML) and Know Your Customer (KYC) Policy strictly adheres to international standards and laws aimed at preventing illegal financial activities and ensuring the safety of clients. Below are the key points of our AML & KYC policy:
1. AML
Pay2.House strictly complies with international standards and laws related to anti-money laundering. We take all necessary measures to prevent the use of our platform for illegal transfers and fund concealment. Within our AML policy, we undertake the following actions:
1.1. We require complete verification of the identity of all our clients before conducting financial transactions. This includes verifying identification documents and other necessary data.
1.2. We closely monitor all financial transactions conducted through our platform to identify suspicious operations or unusual behavior patterns. Upon detection of such cases, we take appropriate actions in accordance with applicable laws and regulations.
1.3. Our staff undergo regular training in anti-money laundering to stay updated on the latest trends and methods used by fraudsters. This enables us to more effectively detect and prevent suspicious activity.
2. KYC
Pay2.House adheres to the "Know Your Customer" principle to ensure security and compliance with relevant regulatory requirements. Within our KYC policy, we undertake the following actions:
2.1. We collect and verify information about each of our clients, including personal data, financial history, professional activities, and other essential information that helps us fully understand the client.
2.2. We require clients to provide documents confirming their identity and address to verify their authenticity and compliance with legal requirements.
2.3. We regularly update client information, especially in cases of changes in their personal data or financial status. This allows us to maintain the relevance of information and ensure compliance with regulatory requirements throughout the collaboration.
We adhere to these AML & KYC policies to ensure safety, transparency, and compliance with the law in all our financial operations and exchanges. We strive to collaborate only with lawful and reliable clients to maintain high standards in our industry and contribute to the fight against financial fraud.
3. List of Countries/Jurisdictions and Territories with High-Risk Level
Collaboration with the following countries, jurisdictions, and territories is prohibited or undesirable due to high-risk level:
Afghanistan, Barbados, Burkina Faso, Cameroon, Cayman Islands, Democratic Republic of the Congo, Gibraltar, Haiti, Jamaica, Jordan, Mali, Mozambique, Myanmar, Nigeria, Panama, Philippines, Senegal, South Africa, South Sudan, Syria, Tanzania, Trinidad and Tobago, Uganda, United Arab Emirates, Vanuatu, Vietnam, Yemen.