Home AML & KYC Policy

AML & KYC Policy

Last updated: May 12, 2026

Last updated: January 2025

CryptoExchange Pro is committed to the highest standards of Anti-Money Laundering (AML) compliance and the prevention of financial crime. This policy outlines our approach to Know Your Customer (KYC) verification and our obligations under applicable law.

1. Our Commitment

We take a zero-tolerance approach to money laundering, terrorist financing, and other financial crimes. We are committed to cooperating fully with law enforcement and regulatory authorities where required.

2. Know Your Customer (KYC)

All users are required to complete identity verification before accessing trading features. Our KYC process involves:

  • Basic Verification — Email address confirmation and phone number verification.
  • Identity Verification — Submission of a government-issued photo ID (passport, national ID card, or driving licence).
  • Address Verification — Proof of residential address (utility bill or bank statement dated within 90 days), required for higher trading limits.
  • Enhanced Due Diligence (EDD) — Additional information may be requested for high-volume traders or users flagged by our compliance system.

3. Prohibited Users

We do not onboard users who are:

  • Listed on international sanctions lists (OFAC, UN, EU, or equivalent)
  • Residents of jurisdictions where our services are legally restricted
  • Politically Exposed Persons (PEPs) without completed enhanced due diligence
  • Known to be involved in criminal activity

4. Transaction Monitoring

We continuously monitor transactions on our platform for unusual patterns, including but not limited to: unusually large transactions, rapid movement of funds, structuring to avoid reporting thresholds, and transactions involving high-risk jurisdictions.

5. Suspicious Activity Reporting

Where we identify activity that we reasonably suspect to be related to money laundering or terrorist financing, we are legally obligated to file a Suspicious Activity Report (SAR) with the relevant financial intelligence unit. We are legally prohibited from disclosing such reports to the subject of the report ("tipping off").

6. Record Keeping

We retain all KYC documents and transaction records for a minimum of five (5) years following the end of a business relationship, in compliance with AML regulations.

7. Staff Training

All staff with access to financial data receive regular AML and fraud prevention training. Our Compliance Officer is responsible for overseeing the implementation and effectiveness of this policy.

8. Contact

For compliance-related queries, please contact our Compliance Officer at compliance@CryptoExchange Pro.com.