AML / KYC Policy
Anti-Money Laundering & Know Your Customer Compliance Framework
Compliance Notice
AI TradingBot operates in full compliance with international Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations. KYC verification is mandatory for all users.
IMPORTANT: Failure to complete KYC verification will result in account restrictions and inability to use trading services.
Policy Sections
Compliance Framework
AI TradingBot follows international standards and regulations
Policy Statement
Our commitment to compliance
Our Commitment
AI TradingBot is committed to maintaining the highest standards of anti-money laundering (AML) and counter-terrorist financing (CTF) compliance. We operate in accordance with:
International Standards
- • Financial Action Task Force (FATF) Recommendations
- • EU Fifth Anti-Money Laundering Directive (5AMLD)
- • US Bank Secrecy Act (BSA)
Our Responsibilities
- • Customer Due Diligence (CDD)
- • Ongoing transaction monitoring
- • Suspicious activity reporting
- • Record keeping requirements
Legal Requirement
KYC verification is not optional—it is a legal requirement under international anti-money laundering regulations. We are obligated by law to verify the identity of all our customers.
KYC Verification Process
Steps to verify your identity
Step-by-Step Verification
Basic Information
Provide your basic personal details:
Full Legal Name
As on government ID
Date of Birth
Must be 18+ years
Residential Address
Current living address
Nationality & Citizenship
Country of residence
Identity Document Verification
Upload government-issued ID:
Passport
Most widely accepted
Driver's License
Government issued
National ID Card
Country specific
Document Requirements: Clear, color photo, all four corners visible, non-expired document.
Proof of Address
Verify your residential address:
Accepted Documents
- • Utility bill (last 3 months)
- • Bank statement (last 3 months)
- • Government-issued correspondence
- • Tax statement (current year)
Requirements
- • Must show your full name
- • Must show your current address
- • Must be dated within 3 months
- • Must be issued by official entity
Live Selfie Verification
Final identity confirmation:
How it works
- Take a real-time selfie through our secure portal
- Hold your ID document next to your face
- Our AI system matches your face to your ID photo
- Ensures you're the legitimate owner of the documents
Verification Timeline
Standard Verification
Most common processing time
Manual Review
If automated check requires human review
Additional Checks
Enhanced due diligence cases
AML Monitoring Framework
How we detect suspicious activities
Transaction Monitoring Systems
Automated Monitoring
AI-powered systems analyze all transactions in real-time for suspicious patterns.
Pattern Recognition
Detects structuring, layering, and other money laundering techniques.
Real-time Alerts
Immediate alerts for transactions exceeding thresholds or showing suspicious patterns.
Risk Scoring
Each transaction is assigned a risk score based on multiple factors and patterns.
Monitoring Triggers & Thresholds
| Trigger Type | Description | Action Threshold |
|---|---|---|
| High Risk | Large transaction amount | $10,000+ |
| Medium Risk | Rapid sequential transactions | 5+ transactions/hour |
| Pattern Match | Known money laundering patterns | Immediate flag |
| Enhanced Due Diligence | High-risk jurisdiction activity | Any amount |
Suspicious Activity Reporting
We are legally required to report any suspicious transactions to relevant authorities. This includes transactions that appear to be structured to avoid reporting thresholds or show other signs of money laundering.
User Requirements & Obligations
What you need to provide and maintain
Required Information & Documents
Individual Users
Basic Information
- Full legal name
- Date of birth
- Nationality
- Residential address
Supporting Documents
- Government-issued ID
- Proof of address (last 3 months)
- Source of funds documentation
Corporate/Institutional Users
Company Information
- Certificate of incorporation
- Memorandum & Articles of Association
- List of directors & shareholders
- Registered business address
Authorized Persons
- Personal identification of directors
- Personal identification of shareholders (25%+)
- Proof of authorized signatories
User Obligations
Accurate Information
You must provide accurate, complete, and current information at all times.
Document Updates
Update documents when they expire or when your information changes.
Cooperation with Investigations
Cooperate fully with any compliance investigations or requests for information.
Prohibited Activities
Activities that are strictly forbidden
Strictly Prohibited
Money Laundering
Concealing origins of illegally obtained money.
Terrorist Financing
Providing funds for terrorist activities.
Sanctions Evasion
Bypassing international sanctions regimes.
Identity Fraud
Using false or stolen identity information.
Structured Transactions
Splitting transactions to avoid reporting.
Third-Party Transactions
Using account for others without authorization.
Consequences of Violation
Engaging in prohibited activities will result in immediate action, including:
- • Immediate account suspension or termination
- • Freezing of all funds in the account
- • Reporting to law enforcement and regulatory authorities
- • Legal action and prosecution to the fullest extent of the law
Data Protection & Privacy
How we protect your information
Security Measures
Encryption
Military-grade AES-256 encryption for all stored data.
Access Controls
Strict role-based access controls for employee access.
Audit Trails
Complete audit trails for all data access and modifications.
Data Retention Policy
We retain KYC/AML documentation for a minimum of 5 years after account closure, as required by law. This includes:
- • Identification documents and verification records
- • Transaction records and monitoring data
- • Suspicious activity reports and investigation records
- • Correspondence and communications related to compliance
Policy Updates & Contact
Stay informed about changes
Policy Updates
This AML/KYC policy may be updated periodically to reflect changes in regulations, technology, or our business practices. We will notify users of material changes through:
Notification Methods
- • Email notifications
- • In-platform announcements
- • Updated policy documents on our website
Effective Date
Current Version
Version 3.2
Last Updated
November 15, 2024
Next Review
May 15, 2025
Contact Compliance Department
For questions about this policy or to report suspicious activity:
Compliance Contact
compliance@aitradingbot.com
Phone
+1 (555) 123-4567
Suspicious Activity Reports
Urgent Reports
sars@aitradingbot.com
For immediate reporting of suspicious transactions or activities.
Policy Acceptance
By using AI TradingBot services, you acknowledge that you have read, understood, and agree to be bound by this AML/KYC Policy.
