Introduction
Anti-Money Laundering (AML) Policy
Tinpay is committed to preventing money laundering and ensuring compliance with all applicable Anti-Money Laundering (AML) laws and regulations.This policy outlines the measures Tinpay takes to detect and prevent money laundering activities, safeguard our platform, and ensure legal compliance.
Anti-Money Laundering (AML) Policy
Introduction
Tinpay is committed to preventing money laundering and ensuring compliance with all applicable Anti-Money Laundering (AML) laws and regulations. This policy outlines the measures Tinpay takes to detect and prevent money laundering activities, safeguard our platform, and ensure legal compliance.
Scope
This AML Policy applies to all Tinpay services, users, and transactions. It establishes the responsibilities of Tinpay’s management, employees, and users to ensure compliance with AML regulations.
Compliance Framework
Tinpay complies with local Anti-Money Laundering laws in Egypt and adheres to international standards, including the recommendations of the Financial Action Task Force (FATF). Our AML framework is designed to meet these regulatory requirements and protect against financial crimes.
AML Procedures
To ensure compliance and prevent money laundering activities, Tinpay has implemented the following procedures:
- Customer Due Diligence (CDD): Tinpay verifies the identity of all users through Know Your Customer (KYC) processes. Users must provide valid identification documents and other necessary information for verification.
- Transaction Monitoring: Tinpay monitors user transactions to detect unusual or suspicious activities. Transactions that deviate from normal patterns or exceed thresholds are flagged for review.
- Reporting: Tinpay reports suspicious transactions to the relevant authorities, in compliance with local and international AML regulations.
Employee Training and Policy Updates
Tinpay ensures that employees are trained regularly on AML laws, regulations, and red flags for identifying suspicious activities. The AML Policy is reviewed and updated periodically to reflect changes in regulations, business practices, or emerging threats.
Contact Information
If you have any questions or concerns regarding Tinpay’s AML Policy, please contact us at:
Email: [email protected]
Address: Capital Business Park, Building B4, First Sheikh Zayed, Giza Governorate