1. Purpose of this Policy

The purpose of KonfamPayment’s AML Policy is to:

• Prevent the platform from being used for illegal financial activities

• Protect users and the financial system

• Follow applicable AML/CTF laws and regulations

2. User Verification (KYC)

To maintain a safe and compliant environment, KonfamPayment may require users to complete Know Your Customer (KYC) checks, which may include:

• Full name

• Date of birth

• Government-issued ID

• Proof of address

• Additional verification when required by law

Users must provide accurate and truthful information.

3. Monitoring of Transactions

KonfamPayment monitors platform activity to detect suspicious behavior, including:

• Unusually large or frequent transfers

• Transactions inconsistent with a user’s profile

• Use of multiple accounts

• Known patterns of fraudulent or illegal activity

• Date of birth

• Government-issued ID

• Proof of address

• Additional verification when required by law

Suspicious activity may result in:

• Temporary account holds

• Request for additional verification

• Reporting to regulatory authorities

4. Restricted and High-Risk Activities

Users may not use KonfamPayment to:

• Launder money

• Fund illegal activities

• Evade sanctions

• Support terrorist organizations

• Obscure the origin of funds

KonfamPayment may limit or deny services in regions subject to sanctions or regulatory restrictions.

5. Record Keeping

KonfamPayment securely maintains records of:

• User identification data

• Transaction history

• AML-related reports

Records are kept for the period required by applicable law.

6. Reporting

KonfamPayment may report suspicious activity to:

• Financial Intelligence Units (FIUs)

• Law-enforcement agencies

• Relevant regulatory bodies

Reports may be filed without notifying the user when required by law.

7. User Responsibilities

Users must:

• Provide accurate and complete information

• Cooperate with verification requests

• Follow KonfamPayment’s Terms of Service

• Use the platform lawfully

Failure to comply may result in restricted or terminated access.

8. Training & Internal Controls

KonfamPayment ensures staff involved in compliance tasks:

• Receive ongoing AML/CTF training

• Use internal tools to detect suspicious activity

• Follow strict operational guidelines

9. Changes to This Policy

KonfamPayment may update this AML Policy periodically. Updates will be posted with a new “Last Updated” date.

10. Contact

For AML-related questions, contact: compliance@konfamPayment.com