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At Screder, we are fully committed to upholding the highest standards of integrity and transparency to prevent money laundering and other illicit activities. Our Anti-Money Laundering (AML) Policy is designed to comply with international laws and regulatory requirements, ensuring a secure banking environment for all our customers.

Our Commitment to AML Compliance

Screder complies with stringent AML regulations to protect our customers and the financial system. We employ advanced technologies and processes to detect, prevent, and report any suspicious activities related to money laundering and terrorism financing.

Key AML Measures at Screder

Customer Identification and Verification (KYC) As part of our Know Your Customer (KYC) procedures, we require customers to provide valid identification and verification documents. This enables us to confirm the identity of all account holders and minimize the risk of fraudulent accounts.

Transaction Monitoring Screder employs advanced monitoring tools to track transactions in real-time and detect unusual patterns or high-risk activities. Our monitoring systems are configured to flag suspicious transactions for further investigation.

Suspicious Activity Reporting (SAR) We are legally obligated to report any transactions that appear suspicious or inconsistent with normal account behavior. These reports are submitted to regulatory authorities as part of our AML obligations.

Risk Assessment Regular risk assessments are conducted to identify and mitigate potential money laundering risks. This includes assessing customer profiles, transaction types, and geographic locations to ensure compliance.

Employee Training Our employees receive continuous AML training to stay updated on current regulations and best practices. This training enables our staff to identify potential AML risks and respond appropriately to suspicious activities.

Your Role in AML Compliance

As a valued customer, you play an important role in ensuring a safe and compliant banking environment. To assist in preventing money laundering, we ask that you:

Provide accurate information during account setup and update us with any changes to your details. Avoid transferring funds on behalf of others whose identity or intent may be unclear. Report any suspicious requests or activities to our customer support team. AML and Data Protection Our AML practices are aligned with data protection regulations to safeguard your personal information. We ensure that data collected for AML purposes is handled responsibly and stored securely in compliance with our Data Privacy Policy.

Consequences of Non-Compliance To maintain a compliant environment, Screder reserves the right to terminate or restrict accounts involved in suspicious activities. Non-compliance with AML regulations can result in account suspension or reporting to relevant authorities, as required by law.

Contact Us If you have questions about our AML policy or would like to report suspicious activity, please reach out to us: support@screder.com