Anti-Money Laundering Statement
Last Updated: 01 January 2024
The prevention of money laundering is a key focus of regulatory authorities in many countries around the world. Money laundering regulations are designed to inhibit the movement of funds derived from criminal activity and to restrict the availability of money to fund terrorist activities. In accordance with all relevant local and national regulatory obligations, we have strict procedures in place to minimize the risk that our services and the services of our affiliate organizations could be used for money laundering purposes including:
- Identification of all Customers (KYC Procedures).
- Monitoring and reporting suspicious transactions.
- Maintaining records for at least five (5) years.
- Training staff to recognize suspicious transactions and to be aware of their reporting obligations.
- Responding to law enforcement requests.
We will not accept you as a Customer until we are satisfied that you are who you say you are. Furthermore, we reserve the right at any stage to refuse to process your transaction if you fail to provide us with satisfactory information or, if information you have provided to us subsequently appears to be misleading, incorrect or false. We will not ask you to provide any information that is not necessary to satisfy our legal obligations. You should therefore comply with any request for information promptly. Your failure to do so could, in some circumstances, be regarded as suspicious. You should also assume that all information provided to us could be made available to regulatory authorities in both the United States and the other country or countries associated with the use of GeoPoll services
WARNING: Money laundering is a criminal offence. You should be aware that, by misusing our service, you could expose yourself to criminal prosecution, as we are bound to automatically report such behavior to the authorities. Examples of misuse include, but are not limited to:
- Breaking a large transaction into smaller transactions to avoid reporting.
- Providing false or misleading contact details.
- Providing false identification documents.
We do not want your business if the funds you are transferring are sourced from, or are related to, criminal activity. We will conduct regular screening of transactions and recipients, report any confirmed violations of Unites States, local, and/or international law, and notify the customer if transactions are not processed because they would violate laws of either governing body.
Nicholas Becker – CEO
Mobile Accord, Inc. (T/A GeoPoll)
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RELATED POLICIES & PROCEDURES (all policies are reviewed every two (2) years):