AML Policy
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To ensure transparency, user protection, and compliance with international standards, ChamXchange.com has implemented a comprehensive Anti-Money Laundering (AML) and Know Your Customer (KYC) system.
This policy defines the principles, procedures, and responsibilities of all parties when using the ChamXchange.com service.
🟢 1. Goals and Objectives of AML / KYC
The main goals of the AML / KYC policy are:- ✦ to verify the client’s identity;
- ✦ to prevent the use of the service for illegal activities;
- ✦ to ensure the safety of users and partners;
- ✦ to maintain transparency and trust in the platform.
🟢 2. Principles of Compliance
ChamXchange.com establishes an internal control system in accordance with international regulations and best practices in financial monitoring. Key principles:- — honesty and transparency of all transactions;
- — client identity verification when necessary;
- — analysis of the origin of funds and asset sources;
- — continuous monitoring to prevent suspicious activities;
- — cooperation with authorized authorities upon lawful request.
🟢 3. Customer Identification Procedure (KYC)
When identity or fund origin verification is required, ChamXchange.com may request:- — an identity document (passport, ID card, driver’s license);
- — a selfie with the document and a dated note;
- — a description of the source of funds;
- — information about expected financial activity;
- — in some cases, a video identity confirmation.
🟢 4. Risk Monitoring and Assessment
All transactions undergo automatic and manual verification to detect potential risks. ChamXchange.com employs modern tools for transaction analysis and blockchain asset tracking. Key evaluation criteria include:- — origin and movement of funds;
- — nature and frequency of operations;
- — links to known high-risk services;
- — compliance with declared exchange terms.
🟢 5. Response to Suspicious Activity
If doubts arise during verification regarding a transaction or source of funds, the platform may:- — request additional documents or explanations;
- — conduct an in-depth transaction review;
- — temporarily suspend the operation until the analysis is complete.
🟢 6. User Obligations
ChamXchange.com users agree to:- ◉ provide accurate and up-to-date information;
- ◉ use only their own documents and payment details;
- ◉ respond promptly to support inquiries;
- ◉ comply with applicable laws and platform rules.
🟢 7. Examples of High-Risk Services
ChamXchange.com does not process exchanges associated with platforms or services that have a high risk level, low transparency, or are mentioned in sanction or compliance reports. These include: WEX Exchange, Yolo Group, Black Sprut, BTC-e, ChipMixer,Bitpapa, NetEx24, Bitzlato, DoubleWay, MEGA DARKNET MARKET,
Garantex, 1xBit, Stake, Primedice, OMGOMG, DuckDice,
Wasabi Wallet, Gandhiji.io, Hydra, NVSPC, Roobet, Tornado,
DuelBits, FreeBitcoin, Darknetone, Commex, Trocador, Anonexch,
Shinbad.io, Genesis Market, Lazarus Group, Cryptomus, and others. 💡 Note: transactions involving Rapira and Capitalist payment systems may be restricted depending on counterparty status. The list is updated without prior notice and is used solely for internal compliance purposes.
🟢 8. Suspension and Refund Conditions
If potential risks are identified or additional verification is required:- — the transaction may be temporarily suspended;
- — refunds are only possible to the original sender’s details;
- — review time may take up to 7 business days after verification is complete.