1. General
B2BINPAY EL SALVADOR S.A. DE C.V.(trading as B2BINPAY) is committed to full compliance with El Salvador's digital asset regulations and applicable AML legislation. Our Compliance department oversees all Anti-Money Laundering and Know Your Customer (AML &KYC) procedures, which apply to all employees and govern how we engage with every client using our services.
This page provides a summary of our internal AML policy.
2. Know Your Customer
We apply a thorough KYC verification process to all clients, collecting and verifying information about individuals and corporate structures. Anonymous accounts are not permitted. We may request additional documents at any time and failure to provide them may result in the suspension or termination of your account. All clients are required to completeKYC questionnaires, liveness checks and any other verification steps as directed by our Compliance team.
3. Transaction Monitoring
We verify the reputation, location and licensing of all client banks. Each client may register a single bank account and all deposits and withdrawals must be made to and from that account only.All transactions are monitored in real time. If we detect suspicious activity, deposits from untrusted sources or any signs of fraud, we reserve the right to investigate, block or close the account, cancel payments and suspend services.
4. AML & Sanctions Screening
We screen all clients — including controllers and beneficial owners — against global sanctions lists to prevent any involvement in money laundering or terrorist financing. We maintain up-to-date records of beneficial ownership and conduct regular reviews of client activity to ensure ongoing compliance.
5. Geographic Restrictions & Risk-Based Approach
We do not provide services to residents or companies based in Afghanistan, Central African Republic, Cuba, Eritrea, Iran, the Democratic People's Republic of Korea (DPRK), Libya, Myanmar, Russia, Somalia, South Sudan, Sudan, Syria, Venezuela, Yemen, or the Crimea, Donetsk, Luhansk, Kherson and Zaporizhzhia regions of Ukraine.We assess all prospective and existing clients using a risk-based approach, which may result in additional jurisdictions being restricted. Other factors such as product type, delivery channel and client profile are also taken into account during this assessment. We assess all prospective and existing clients using a risk-based approach, which may result in additional jurisdictions being restricted. Other factors such as product type, delivery channel and client profile are also taken into account during this assessment.
