If your business is a licensed financial institution — for example a bank, PSP/EMI, money transmitter, remittance provider, or virtual-asset exchange — you onboard on a dedicated FI track. This recognizes that you already run your own AML program, and it changes how we handle the merchants or users you serve downstream.
What makes you an FI client
You hold a valid financial license (MSO, MTL, PSP/EMI, VASP, or local equivalent) and operate a regulated financial business with your own AML/CTF controls.
What we'll assess
Because financial institutions carry their own compliance obligations, we review your AML program before activation. We may ask for:
- Your AML / CTF policy and program documentation
- Your licenses and registrations
- Evidence of how you screen, monitor, and report
- Source-of-funds documentation (see Source of funds & additional documentation)
Your downstream merchants
Once your AML program is recognized, you don't re-run full KYB on every merchant or user you serve. We collect a light profile and run an automated AML screening.
For business merchants
- Full legal name of the entity
- PEP status (yes / no)
- Country of incorporation
For individuals
- Full name
- Tax ID
This keeps your customers' onboarding light while staying compliant.
If our review identifies gaps in your AML program, we may ask for remediation, or apply standard requirements to your downstream parties until those gaps are resolved.