AML / KYC Policy
1.Purpose of this Policy
OneVault is committed to preventing money laundering, terrorist financing, fraud, sanctions violations, and other forms of financial crime.
This Anti-Money Laundering ("AML") and Know Your Customer ("KYC") Policy outlines the measures we take to verify customer identities, assess risk, monitor transactions, and comply with applicable regulatory requirements.
Our compliance framework is designed to protect customers, partners, and the integrity of the financial system.
2.Regulatory Commitment
OneVault maintains a comprehensive compliance program aligned with applicable anti-money laundering laws, financial crime regulations, and industry best practices.
Our compliance controls are designed to:
- Prevent financial crime
- Detect suspicious activity
- Verify customer identities
- Monitor ongoing account activity
- Meet regulatory reporting obligations
- Protect customer funds and data
3.Customer Due Diligence (CDD)
Before providing regulated services, OneVault is required to verify the identity of its customers.
Customer Due Diligence (CDD) enables us to understand who our customers are and assess potential risks associated with their activities.
Verification requirements may vary depending on:
- Customer type
- Geographic location
- Products and services used
- Risk profile
- Regulatory obligations
4.Individual Verification (KYC)
Customers opening personal accounts may be required to provide:
Identity Verification
- Government-issued passport
- National identity card
- Driver's license (where accepted)
Address Verification
- Utility bill
- Bank statement
- Government correspondence
- Other approved documentation
Additional Information
Where required, OneVault may request information regarding:
- Source of funds
- Source of wealth
- Occupation
- Expected account activity
5.Business Verification (KYB)
Business customers must complete Know Your Business (KYB) verification.
The KYB process may include:
Company Verification
- Certificate of incorporation
- Company registration documents
- Articles of association
- Proof of business activity
Ownership Verification
- Identification of directors
- Identification of shareholders
- Ultimate Beneficial Owner (UBO) verification
Business Assessment
- Nature of business operations
- Geographic exposure
- Expected transaction volumes
- Products and services offered
Additional information may be requested where required by regulatory obligations.