AML Policy


Here is a Our AML (Anti-Money Laundry) policy to use Solycards:

1. Policy statement
Solycards is committed to preventing money laundering and terrorist financing activities. We will conduct business only with individuals and entities that comply with all applicable anti-money laundering laws.

2. Risk assessment
We have implemented a risk-based approach to identifying, assessing, and understanding money laundering risks associated with our operations. We consider factors such as our clients, countries they operate in, types of transactions, and the services we offer.

3. Know your customer (KYC) process
We require our clients to provide sufficient information and documentation to enable us to establish their identity and assess the risk they pose. We perform ongoing monitoring of transaction activity to identify suspicious activities or transactions.

4. Reporting suspicious activity
We have established procedures for reporting suspicious activity to relevant authorities, including designated financial intelligence units. We will cooperate with the authorities to investigate and prevent money laundering activities.

5. Staff training and awareness
We provide regular training and awareness programs to our staff to maintain their understanding of anti-money laundering laws, and to help them identify potential risks or suspicious activities.

6. Record keeping
We maintain complete and accurate records of all transactions to ensure compliance with anti-money laundering laws and regulations.

7. Compliance with laws and regulations
We comply with all applicable anti-money laundering laws, regulations, and guidelines, including those issued by relevant authorities, such as financial intelligence units.

8. Regular review and update
We review and update our AML policy regularly to ensure it remains current and effective, and to mitigate any new risks that may arise.

By implementing this AML policy, Solycards LTD is committed to preventing money laundering and terrorist financing activities, and to maintaining robust compliance measures to ensure the integrity and trust of our payment platform.