Digitalexchange.id's Anti-Money Laundering Policy (AML) is designed to prevent money laundering, including the need to have adequate systems and controls to reduce company risks used to facilitate financial crime. This Anti-Money Laundering (AML) Policy sets minimum standards that must be met and includes:
Appointment of Money Laundering (MLRO) Money Laundering Officers who have sufficient levels of seniority and independence and who have the responsibility to oversee compliance with relevant industry laws, regulations, rules and guidelines;
Companies take a risk-based approach when adopting and implementing counter-terrorism (CFT) financing measures and in conducting Anti-Money Laundering (AML) risk assessments.
The company adopts CFT internal controls and makes unspecified decisions regarding CFT matters to replace business, strategic or other operations.
Our company is prohibited from transacting with individuals, companies and countries listed in the sanctions list.
Individuals can be identified with a National Identity Card (KTP) or Passport stating their current residence address. Digitalexchange.id identifies customers with self-photos, verifies ID cards / passports then stores customer data safely in accordance with privacy policies.