Crypto X Change|AML
Crypto X Change|AMLAnti Money Laundering and Combating the Financing of TerrorismAML/CFT is a body of international policies, protocols, and procedures designed to prevent money laundering and the financing of violent or otherwise illegal activities around the world. It is part of Crypto X Change’s explicit company policy to comply with AML/CFT regulations, specifically regarding those of the Asia/Pacific Group on Money Laundering (aka APGML) and Financial Action Task Force, of which Australia is a member. Compliance with these policies is an ongoing effort and specific details are subject to change. We encourage our clients to speak with us regarding specifics at any given time. AT ALL TIMES, CRYPTO X CHANGE WILL ACT IN COMPLIANCE WITH THE LAWS OF AUSTRALIAMalicious or Suspicious ActivitiesCrypto X Change may report to relevant authorities any suspicious activity, especially regarding any types of fraud, theft, or illegal activities. Such reports and claims may be filed in any appropriate jurisdiction. Crypto X Change will bring private legal proceedings against any malicious behavior against the company, website, or staff in any jurisdiction and will work with law enforcement toward such proceedings. Know Your Customer (“KYC”) Policy$500 Identity LevelFor deposits or withdrawals of more than $500 USD, Crypto X Change requires specific identity verification. Perceived Risk LevelAt the sole discretion of Crypto X Change, we may judge a client’s risk profile to be higher than acceptable standards. In such a case, we may require additional information before we process certain website services and financial functions. We may ask you to provide notorised and Apostilled verified documents for your identity proof. Updates to this PolicyUpdates to Crypto X Change’s AML/CFT Policy may occur at any time and without prior notice. Usage of any services of Crypto X Change requires user compliance with all such policies in their updated form. All such policies are intended to provide our customers with a reliable, safe, and long-term service. LAST UPDATED: NOVEMBER 5, 2011
