Swap Kantrex Fin AML & KYC Policy

Last updated: January 2025

Swap Kantrex Fin maintains strict procedures to prevent money laundering, terrorist financing, and financial crime.

1. Purpose

A compliance framework for detecting, assessing, and mitigating financial crime risk on the Swap Kantrex Fin platform.

2. KYC Verification

Tier 1

Name, DOB, email, phone, country.

Tier 2

Photo ID + proof of address (within 3 months).

Tier 3

Source of funds, additional ID, or video call for high-value Swap Kantrex Fin accounts.

3. Monitoring

4. Risk Approach

Enhanced due diligence for PEPs, high-risk jurisdictions, unusual patterns, and elevated account values.

5. SAR Filing

Swap Kantrex Fin files Suspicious Activity Reports with relevant FIUs. Users are not notified.

6. Sanctions

OFAC, EU, UN, and other sanctions lists screened. Matches trigger restrictions.

7. Records

KYC data and transaction records kept 5+ years post-closure.

8. Training

All Swap Kantrex Fin compliance staff trained regularly on AML regulations and red flags.

9. Non-Compliance

Accounts may be restricted, suspended, or closed for verification failures.

10. Contact

[email protected]