AML & KYC Policy
Anti-Money Laundering & Know Your Customer Compliance Framework
1. Purpose
This policy defines the procedures used by Vichex Trading to verify client identity and ensure compliance with Anti-Money Laundering (AML) regulations and Know Your Customer (KYC) standards.
2. Identity Verification (KYC)
All clients must complete identity verification before accessing trading services.
- Full name and personal details
- Government-issued ID (passport, national ID, or driving license)
- Proof of address (utility bill or bank statement)
- Verification of payment methods where applicable
3. Risk-Based Monitoring
We apply a risk-based approach to monitor transactions and detect suspicious activity, including unusual trading patterns or large fund movements.
4. AML Compliance
We actively monitor, detect, and report any activity suspected to be related to money laundering or terrorist financing in accordance with applicable laws.
5. Customer Due Diligence
Enhanced due diligence may be required for high-risk clients, including politically exposed persons (PEPs) or large-volume traders.
6. Ongoing Monitoring
Client accounts are continuously monitored to ensure compliance with AML/KYC obligations and regulatory standards.
7. Data Protection
All personal data collected for AML/KYC purposes is securely stored and processed in accordance with our Privacy Policy.
8. Non-Compliance
Failure to provide required documentation or comply with verification procedures may result in account suspension or termination.
9. Company Information
Trust & Trust Inc.
License: T2016017
10. Contact
For AML/KYC inquiries: admin@vichex.com