MULTIBANQ Anti Money Laundering ("AML") and Counter Terrorist
Financing ("CTF") Policy
Last updated on May 16th 2023
Money laundering is defined as the process where the identity of the proceeds of crime are so
disguised that it gives the appearance of legitimate income. Criminals specifically target
financial services firms through which they attempt to launder criminal proceeds without the firm's
knowledge or suspicions.
Fintech Forum Corp s.r.o(MULTIBANQ) cannot provide customer support of any kind for transactions between
End-Users and Fiat Gateways, including, but not limited to,
customer support regarding identification procedures and transaction monitoring (Know-
Your-Customer and Anti-Money-Laundering procedures), cancellations, refunds and transaction limits.
Any contractual agreements, terms, and conditions applicable to transactions between End-Users and
third-party Fiat Gateways are governed by the relevant agreement(s) in place between End-Users and
third-party Fiat Gateways.
Anti-Money Laundering (AML) Policy:
The MULTIBANQ AML Policy is designed to prevent money laundering by meeting the AML legislation
obligations including the need to have adequate systems and controls in place to mitigate the risk
of the firm being used to facilitate financial crime. This AML Policy sets out the minimum
standards which must be complied with and includes:
• Two factors identification
• Blockchain transaction screening
• Personal/business data
All the above is to enhance or secure our policy, transaction with Fiat gateways are made directly
with third parties and by all AML rolls with the relevant jurisdiction.
MULTIBANQ is prohibited from transacting with individuals, companies and countries that are on
prescribed Sanctions lists. MULTIBANQ will therefore screen against the relevant
sanctions lists in the jurisdictions in which we operate.