Anti-Money Laundering (AML) Policy

Overview

Our Commitment to Security

PayTransa Global Solutions LLC (hereinafter "PayTransa") is committed to the highest standards of the Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) framework. We operate in strict accordance with the USA PATRIOT Act and international standards set by the Financial Action Task Force (FATF).

---

Section 1

Know Your Customer (KYC) Standards

To comply with global banking regulations, PayTransa implements a multi-tier KYC process. While small transactions may be processed instantly, we reserve the right to verify the identity of any user. Requirements include:

• Individual Identification: Valid government-issued passport or national ID.
• Proof of Address: Utility bills or bank statements issued within the last 3 months.
• Corporate Verification: Certificate of Incorporation and Articles of Association for business accounts.
• Enhanced Due Diligence (EDD): Applied to high-volume accounts or transactions originating from high-risk jurisdictions.

Section 2

Transaction Monitoring & Thresholds

Our automated systems monitor every transaction in real-time. We utilize machine learning algorithms to detect patterns associated with financial structuring, layering, and integration.

As per U.S. Department of the Treasury requirements, any single transaction or aggregate transactions exceeding $10,000 USD within a 24-hour period are subject to mandatory reporting and manual compliance review.

Section 3

Prohibited Jurisdictions

PayTransa does not provide services to individuals or entities located in countries listed on the OFAC (Office of Foreign Assets Control) sanctions list. This includes, but is not limited to, jurisdictions identified as having strategic AML/CTF deficiencies.

Section 4

Reporting of Suspicious Activity

Our Compliance Officer is mandated to file Suspicious Activity Reports (SARs) with relevant financial intelligence units (FIUs) when there is reason to believe that funds are the proceeds of criminal activity or are intended for illegal use. Under "Tipping-Off" laws, we are prohibited from notifying the user that a report has been filed.

Section 5

Employee Training & Record Keeping

All PayTransa staff undergo mandatory annual AML/CTF training. Furthermore, all transaction records and identification data are stored securely for a minimum period of five (5) years after the termination of the business relationship, ensuring full auditability.