This document explains ADVDCASH's baseline policy on anti-money-laundering (AML) and identity verification (KYC).
1. Core principle
ADVDCASH works to comply with anti-money-laundering and counter-terrorist-financing (AML/CFT) rules. We take reasonable measures to prevent illicit funds from moving through the Service.
2. Identity verification (KYC)
Where required, we may carry out identity verification such as ID and biometric checks through verification partners. Declining to verify may restrict your use of the Service.
3. Transaction monitoring
We monitor transactions in real time to detect suspicious signs. Suspicious transactions may be reviewed, held, or reported to the relevant authorities.
4. Prohibited use
Using the Service for fraud, money laundering, sanctioned transactions or other illegal purposes is prohibited. Violations may lead to account restriction or termination.
5. Record keeping
We retain transaction and verification records for the periods required by applicable law.
6. Cooperation
Where there is a lawful request, we may provide necessary information to the relevant authorities.