legal.lastUpdated: 1 January 2025
legal.aml.title
legal.aml.intro
1. Our Commitment
nexorokapital is committed to preventing the use of its platform for money laundering, terrorist financing, and other financial crimes. We maintain robust AML procedures in compliance with applicable laws and regulations.
2. Know Your Customer (KYC)
All live account holders must complete identity verification before making deposits or withdrawals. Required documentation typically includes a government-issued photo ID and proof of address dated within the last 3 months.
3. Customer Due Diligence
We conduct ongoing due diligence on all customers, including enhanced due diligence for higher-risk customers or transactions. We may request additional documentation at any time to meet our compliance obligations.
4. Transaction Monitoring
Our systems monitor transactions for suspicious activity patterns. Unusual transactions may be flagged for review, and we reserve the right to delay, refuse, or reverse transactions that trigger compliance concerns.
5. Reporting Obligations
We are required to report suspicious transactions to relevant authorities. We cooperate fully with law enforcement investigations and regulatory inquiries.
6. Prohibited Persons
We do not provide services to individuals or entities on applicable sanctions lists, politically exposed persons (PEPs) without enhanced due diligence, or persons in jurisdictions subject to comprehensive sanctions.
7. Funds Source
We may request evidence of the source of funds for deposits. Customers must confirm that funds are derived from legitimate sources.
8. Contact
AML-related inquiries should be directed to support@nexorokapital.io.