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AML Policy

Mawarid Exchange business procedures, practices and standards are in line with the local Anti-Money Laundering and Terrorist Financing Laws and Regulations. We have instituted adequate systems and procedures to fulfill their due diligence as well as transaction surveillance responsibilities, including detection and reporting possible suspicious transactions to the local regulators and authorities.
The identity and address of the participants in the transaction and their legal capacity are confirmed to the best of our knowledge & the fund involved under their payment orders are not generated under Money Laundering purposes or Funding Terrorist activities.