Bits Blockchain

BitsBlockchain Privacy policy
KYC (Know-Your-Customer) and AML (Anti Money Laundering) Policies 
EXCHANGE  remains committed in providing a safe, 
globally-compliant and reputable service to its clients. As a Agency, we 
pride ourselves on the integrity and transparency of our business. For this 
reason, EXCHANGE  relies on comprehensive and thorough KYC 
(Know-Your-Customer) and AML (Anti Money Laundering) policies. 
EXCHANGE  is legally registered and its infrastructure is 
physically located in Saint Stephen. EXCHANGE  insists on 
a comprehensive and thorough KYC (Know-Your-Customer) and AML (Anti Money 
Laundering) compliance framework. This includes the monitoring of 
suspicious transactions and obligatory reporting to local regulators and 
other compliance bodies. 
Our AML and KYC policies differ depending on the country of origin of which 
our clients are located and furthermore recorded against through the  
EXCHANGE  registration process. The specific AML and KYC 
policies as per regional jurisdiction are located below. Our robust 
compliance framework ensures that regulatory requirements are being adhered 
to at both a local and global level, instilling a level of trust and 
ensuring EXCHANGE  will continue to operate indefinitely. 
EXCHANGE  reserves the right to refuse registration to 
persons from or in jurisdictions that do not meet international AML 
standards or could be considered as a Politically Exposed Person. 
EXCHANGE  reserves the right to carry out customer due 
diligence to verify its users and their transactions. Enhanced customer due 
diligence will be carried out periodically as part of our ongoing risk 
review and assessment. In addition to this, any attempt to abuse  
EXCHANGE  or its platform will result in an immediate account 
suspension and reported to the respective authorities. 
The Bits Blockchain AML and KYC policies are as follows: 
- Transactions conducted via the EXCHANGE  platform will 
be subject to AML transaction monitoring. 
- Identity and proof of address documents and transaction records will 
be maintained for at least six years and will be submitted to regulators as 
required without prior notification to registered users. 
- EXCHANGE  may at any time without liability and 
without disclosing any reason, suspend the operation of your account.  
EXCHANGE  shall notify you after exercising its rights under 
this clause. 
- Registered members of whom transactions involve fiat currency will be 
required to verify their identity and adhere to the EXCHANGE  KYC policy. This includes the submission of both government ID and 
proof of address. Valid ID includes a passport, national card, or drivers 
license. Valid proof of address includes utility and rates bills not older 
than 3 months. Other forms of ID and Address verification will not be 
accepted. Your account will be unregistered until account verification has 
been completed. 
- Suspicious transactions will result in a Suspicious Activity Report 
being submitted to the Saint Stephen Financial Intelligence Unit (‘SFIU'). 
AML e KYC 
Políticas de KYC (Know-Your-Customer / Conoce a tu Cliente) y AML (Anti 
Money Laundering / Anti Lavado de Dinero). 
EXCHANGE  está totalmente comprometido en proporcionar un 
servicio seguro, globalmente compatible y de buena reputación a sus 
clientes. Como agencia, nos enorgullecemos de la integridad y 
transparencia de nuestro negocio. Por esta razón, EXCHANGE 
se basa en las políticas completas y comprensibles de KYC y AML. 
EXCHANGE  está legalmente registrada y su infraestructura se 
en

Privacy policy

Trending now