LEGAL
AML / KYC Policy
This AML / KYC Policy explains how Arbix works to prevent money laundering, fraud and misuse of the platform, and how we verify user identities to maintain a safe environment.
1. Purpose of AML/KYC
The primary goals of our AML (Anti-Money Laundering) and KYC (Know-Your-Customer) procedures are to:
- • Prevent money laundering and terrorist financing.
- • Detect and prevent fraud and other financial crimes.
- • Protect users and the platform from misuse and illegal activity.
2. Required Documents
To complete KYC verification, users may be required to provide:
- • A valid government-issued ID document (e.g. ID card or passport).
- • A live selfie or video verification to match the ID document.
- • Proof of address (such as a utility bill or bank statement), where required.
3. Verification Process
The verification process typically includes the following steps:
- • Uploading the requested identification and supporting documents.
- • Automated checks to validate document authenticity and consistency.
- • Manual review by our compliance team if additional checks are needed.
- • Notification of approval, rejection or request for further information.
4. Restricted Activities
The following activities are strictly prohibited on the Arbix platform:
- • Using fake names or false personal information.
- • Submitting forged, altered or stolen documents.
- • Accepting or sending third-party deposits without approval.
- • Engaging in suspicious wallet or transaction behaviour.
5. Transaction Monitoring
Arbix continuously monitors transactions and account activity to detect unusual or high-risk patterns. This may include:
- • Real-time fraud and risk scoring systems.
- • Manual review of flagged or high-value transactions.
- • Temporary freezing of accounts when serious concerns arise.
6. Compliance Actions
Where required, Arbix may take actions to comply with AML/KYC obligations, including but not limited to:
- • Requesting additional documents or information from users.
- • Restricting deposits, withdrawals or account features.
- • Closing accounts that violate AML/KYC requirements.
- • Reporting suspicious activity to relevant authorities.
7. Contact for KYC Issues
If you have questions or concerns about verification or AML/KYC procedures, please contact our compliance team at:
compliance@arbix.com