AML Policy

Last updated: January 2025

1. Overview

Certus Pay is committed to the highest standards of anti-money laundering (AML) and combating the financing of terrorism (CFT) compliance. This policy outlines our approach to preventing the use of our Services for money laundering, terrorist financing, or other financial crimes.

2. Customer Due Diligence

We conduct thorough customer due diligence (CDD) on all clients, including identity verification, proof of address, and source of funds checks. Enhanced due diligence (EDD) is applied to higher-risk clients, including politically exposed persons (PEPs) and clients in higher-risk jurisdictions.

3. Transaction Monitoring

We employ automated and manual transaction monitoring systems to detect suspicious activity. Transactions that are flagged as potentially suspicious are reviewed by our compliance team and, where required, reported to the relevant authorities.

4. Reporting

We are obligated to report suspicious transactions and activities to the relevant financial intelligence units and regulatory authorities. We maintain records of all transactions and customer due diligence information in accordance with applicable retention requirements.

5. Training

All Certus Pay employees receive regular training on AML/CFT obligations, including how to identify and report suspicious activity. Our compliance framework is regularly reviewed and updated to reflect changes in legislation and best practices.