AML Policy
AML Policy
1. The exchange.express service adheres to practices and measures in the field of countering money laundering of funds obtained by criminal means and financing terrorism (AML). 2. The purpose of these measures is to demonstrate that exchange.express takes any attempts to use its service for illegal purposes seriously. 3. The exchange.express service warns users against attempting to use the exchange.express service to launder funds obtained by criminal means, finance terrorism, commit fraud of any kind, or use the service to purchase prohibited goods and services. 4. To prevent unlawful operations, the Service sets specific requirements for all Requests created by the User: 4.1. The sender and recipient of the Payment in the Request must be the same person. Using the Service’s services for transfers to third parties is strictly prohibited.
4.2. All contact details entered by the User in the Request, as well as other personal data provided by the User to the Service, must be current and fully accurate.
4.3. Creating Requests using anonymous proxy servers or any other anonymous Internet connections is strictly prohibited.
4.4. The Service reserves the right to block funds from exchanges that have been sanctioned or designated as “high-risk.” Currently, such platforms include: Black Sprut, BTC-e, Chiper Mixer, DuelBits, FreeBitcoin, Gandhiji.io, Hydra, NVSPC, Roobet, Tornado, WEX Exchange, Yolo Group, OMG!OMG!, Garantex, Commex, Tornado Cash, 1xBit, Blender.io, Lazarus Group, Genesis Market, ChipMixer, Shinbad.io, MEGA DARKNET MARKET, Primedice, Darknetone, Wasabi Wallet, DuckDice, Doubleway, Stake and Bitzlato, Bitpapa.com, NetEx24.net, Trocador.app, Anonexch.io, as well as platforms from other sanctioned countries and platforms aimed at anonymity and privacy. This list may be expanded.
Important: Funds from the Rapira, Payeer and Capitalist platforms are not accepted. Funds sent from these platforms will be frozen.
5. If there are reasonable suspicions by the Service administration that the user is attempting to use the Service for money laundering or any other illegal operations, the administration has the right to:
— suspend the user’s exchange transaction for verification;
— request identity verification documents from the user;
— request other payment-related information. 6. All information provided by the client may be transferred to the relevant authorities in the following cases:
— upon request of law enforcement agencies;
— upon decision of courts of various instances;
— upon requests from Payment System administrations. 7. Conditions for returning funds that were suspended for AML transaction analysis:— returns are made only after a full verification, which may include detailed sender verification;
— a 5% fee is deducted from the transaction amount to cover the costs of processing the request, organizing the refund, and other related Service expenses;
— subject to Service approval, the return will be processed within 7 (seven) calendar days from the date the User is notified of the Service’s decision on their refund request;
— after verification, the user must confirm the refund details.
1. The exchange.express service adheres to practices and measures in the field of countering money laundering of funds obtained by criminal means and financing terrorism (AML). 2. The purpose of these measures is to demonstrate that exchange.express takes any attempts to use its service for illegal purposes seriously. 3. The exchange.express service warns users against attempting to use the exchange.express service to launder funds obtained by criminal means, finance terrorism, commit fraud of any kind, or use the service to purchase prohibited goods and services. 4. To prevent unlawful operations, the Service sets specific requirements for all Requests created by the User: 4.1. The sender and recipient of the Payment in the Request must be the same person. Using the Service’s services for transfers to third parties is strictly prohibited.
4.2. All contact details entered by the User in the Request, as well as other personal data provided by the User to the Service, must be current and fully accurate.
4.3. Creating Requests using anonymous proxy servers or any other anonymous Internet connections is strictly prohibited.
4.4. The Service reserves the right to block funds from exchanges that have been sanctioned or designated as “high-risk.” Currently, such platforms include: Black Sprut, BTC-e, Chiper Mixer, DuelBits, FreeBitcoin, Gandhiji.io, Hydra, NVSPC, Roobet, Tornado, WEX Exchange, Yolo Group, OMG!OMG!, Garantex, Commex, Tornado Cash, 1xBit, Blender.io, Lazarus Group, Genesis Market, ChipMixer, Shinbad.io, MEGA DARKNET MARKET, Primedice, Darknetone, Wasabi Wallet, DuckDice, Doubleway, Stake and Bitzlato, Bitpapa.com, NetEx24.net, Trocador.app, Anonexch.io, as well as platforms from other sanctioned countries and platforms aimed at anonymity and privacy. This list may be expanded.
Important: Funds from the Rapira, Payeer and Capitalist platforms are not accepted. Funds sent from these platforms will be frozen.
5. If there are reasonable suspicions by the Service administration that the user is attempting to use the Service for money laundering or any other illegal operations, the administration has the right to:
— suspend the user’s exchange transaction for verification;
— request identity verification documents from the user;
— request other payment-related information. 6. All information provided by the client may be transferred to the relevant authorities in the following cases:
— upon request of law enforcement agencies;
— upon decision of courts of various instances;
— upon requests from Payment System administrations. 7. Conditions for returning funds that were suspended for AML transaction analysis:— returns are made only after a full verification, which may include detailed sender verification;
— a 5% fee is deducted from the transaction amount to cover the costs of processing the request, organizing the refund, and other related Service expenses;
— subject to Service approval, the return will be processed within 7 (seven) calendar days from the date the User is notified of the Service’s decision on their refund request;
— after verification, the user must confirm the refund details.