Anti-money laundering and know your customer policy (AML&KYC)

Anti-money laundering and know your customer policy (AML&KYC)

In order to protect Assets of our customers and to ensure the compliance with international standards we operate exclusively in accordance with the legislation on combating illicit money laundering and countering the terrorism financing. To monitor the accordance with legal requirements and recommendations of FATF we have established a Compliance department developing Anti-money laundering and Know your customer (AML / KYC) procedures, obligatory for all employees and determining the policy of engagement with any person which is our client. Compliance Department is intended to ensure that all the operations of the Company are consistent with the international standards to combat money laundering and all the documents provided by the Customer are up-to-date and comply with relevant legal requirements. By performing the registration on our Website the Customer makes complete and unconditional acceptance of the policy conditions, agrees with the following rules and undertakes to observe them:

  1. Provision of services to the Customer is allowed only after passing KYC according to Company’s requirements. For Customers who uses only crypto-crypto payment services (without the right of crediting or withdrawing fiat currency) we apply simplified KYC measures according to requirements of Appendix 1 to this policy. For customers who intends to use crypto-fiat ability we apply strong KYC measures according to Appendix 2 to this Agreement. Every prospective Client has to fill the questionnaire and to provide all documents according to the requirements of relevant appendix;
  2. Upon the request of the Company the additional documents and information should be provided by the Customer. Filling of additional KYC questionnaire may also be an obligatory requirement under Company’s sole decision. The Customer agrees with such requirements of the Company and agrees to follow them;
  3. The withdrawal of Assets is carried out only to the account that belongs to a person identified as a Customer of the Company. The withdrawal of Assets to third parties is prohibited. Internal transfers between the Company’s customers are also forbidden.
  4. The Company is obliged and has the right without obtaining prior consent to share with financial institutions and law enforcement agencies any information about the Customer, as required by applicable law, and the Customer gives the Company its consent to these actions. In order to comply with this paragraph, the Company holds a records about Customer’s transactions during five years at least.
  5. The Customer undertakes to follow the legislation, including international one, aiming to combat illicit trafficking, financial fraud, money laundering and legalization of funds obtained by illegal means. The Customer undertakes to use its best effort to avoid direct or indirect participation in illegal financial activities and any illegal transactions using the Company’s Website and Services.
  6. The Customer guarantees the legal origin, legal ownership and the right to use the Assets transferred to its account.
  7. In case of the evidence of suspicious transactions at the Customer’s account, cash replenishments from untrusted sources (for example, the data of Assets’ sender and Account’s owner is different) and / or any actions with attributes of fraud (including any refunds or cancellation of payments), the Company reserves the right to conduct an internal investigation, to block or close any the Customer’s Account, cancel any payment order and to suspend operations on the Accounts before the end of the official investigation. When making the decision the Company is guided by the provisions of the applicable law, FATF recommendations or by common practice.
  8. The Company has the right to request additional information about the Customer if the method of withdrawal Assets is different from the depositing method. The Company also reserves the right to block any the Customer’s Account during the investigation if the Customer refused to provide the additional information requested by the Company.
  9. In the course of investigation the Company has the right to request additional copies of documents confirming the identity of the Customer, as well as copies of bank cards used to replenish the account, payment documents and other documents confirming the lawful possession and legal origin of funds. The Company also has the right to demand the provision of original documents for review in case of any doubts from Company’s side.
  10. The Company does not provide Services to the persons who located at the jurisdictions that are blacklisted by FATF, namely North Korea and Iran. For other jurisdictions that are high risk and non-cooperative or have strategic AML/CFT deficiencies the Company may apply enhanced due diligence measures according to requirements of legislation and AML practices;
  11. The Company doesn’t provide services to citizens and residents of U.S.A.;
  12. The Company’s refuse to perform the operations that from Company’s point of view are considered to be a suspicious, using of preventive measures (such as blocking or closing of a Customer’s Account) is not the reason for civil liability of the Company for failure to fulfill obligations to the Customer.
  13. The Company is not obliged to inform the Customer or other persons about the measures taken to fulfil the AML/CFT legislation. Also the Company is not obliged to inform Customers or other persons about any suspicions, about the reasons of refuse of execution of a Customer’s order, of refuse to open the Account, need for providing Customer’s documents, etc.
  14. This anti-money laundering and know your customer policy is an integral part of Terms of Use located at the Website and of the Agreement between the Company and the Customer. Non-compliance with this policy can be a ground for termination of the Agreement on Company’s sole discretion.

Appendix 1

B2BinPay KYC measures (crypto-crypto only);

List of required documents:

– Certificate of incorporation;

– Memorandum and Articles of Association;

– Passports for all individuals in corporate structure (directors, shareholders, secretaries, etc.);

– Confirmation of address for all individuals in corporate structure, not older than 3 months. These documents should be issued by the relevant body (i.e. not just screenshot) and should contain full name and address of individual;

– Document on appointment of the director (minutes, decision of shareholders, etc.);

– Register of directors;

– Register of shareholders;

– Proof of domain;

– KYC policy or link to it;

Know Your Customer Questionnaire 

Company Details
Full Registered company name:
Other trading names (if applicable):
Registered company number:
Company Website Address:
Please specify your main business activities including your revenue sources. Please describe in details what kind of goods do you sell or what kind of services do you provide:


Please specify who are your customers and in what countries they are residents. In case of corporate customers, please specify their names and countries of registration:


Reason for opening the account:



Registered Company Address
Address Line 1: Town:
Address Line 2: County:
Address Line 3: Post code:
Country: Business tel. no:


Operating Address (if different to your Registered Address)
Address Line 1: Town:
Address Line 2: County:
Address Line 3: Post code:
Country: Business tel. no:


More Information on The Company
Is the company authorized and regulated by a financial regulator (e.g. FCA in the UK) in any country or territory?
If yes please provide details: Yes ☐ No ☐
Is the company listed on a Regulated Stock Exchange (e.g. London Stock Exchange in the UK) in any country or territory?
If yes please provide details: Yes ☐ No ☐
Does the company have any pending litigation, disputed accounts or other unresolved matters in any country or territory?
If yes please provide details: Yes ☐ No ☐
Has the company ever been subject to Bankruptcy/Insolvency proceedings in any country or territory?
If yes please provide details: Yes ☐ No ☐
Do you have financial statements that are less than 12 months old?
If yes, please provide the most recent audited and/or unaudited financial statements

If no please detail why:

Yes ☐ No ☐


Approx. amount of company funds (fiat) that will be deposited:
Approx. amount of company cryptocurrency that will be deposited:
The source(s) of fiat and cryptocurrency (please specify and provide value of funds):  


Are the funds to be deposited entirely from the entity and/or its shareholders/principals?

If yes, you declare that all funds to be deposited are corporate proprietary funds, resulting exclusively from:

a. Paid in capital from the entity’s shareholders/principals and/or

b. Business profit and/or retained earnings from regular business operations


Yes ☐ No ☐


Shareholders/Beneficial Owners
Please list any shareholders or beneficial owners with a holding of 25% or more
Full Name Address


Date of Birth


Holding %



Company Directors
Please list any company directors
Full Name Address


Date of Birth



Declaration of Politically Exposed Persons
Are any of the authorized representatives, directors or business owners (owning 25% or more of the company) politically exposed persons? e.g – are they senior military, government, or political officials, or relatives or associates of such officials?

If yes, please provide detailed information about such persons (if necessary please continue on an additional sheet).


Yes ☐ No ☐









In signing and returning this form I confirm for and on behalf of the applicant that:

1. We have full power and authority to enter into the agreement with B2BinPay for and on behalf of the named applicant.

2. We declare that the information and documents we have provided as part of this application process is true and complete. We will notify you as soon as possible, but no longer than within two weeks, regarding any changes in the provided information;


Full name: