Anty-money laundering

Anty-money laundering

Money Laundering and Terrorism Financing is no laughing matter. This is why we employ industry leading management tools, to empower our Agents and protect against money laundering and terrorist financing. Providing a safe and secure service to send money, we have designed our policies and processes to be vigorous and deliberate, believing it is our duty to protect our customers and employees from potential fraud. In connecting people across the globe, we take our obligations and responsibilities very seriously. The extensive control architecture we have in place offers a robust array of systems to detect and report suspicious transactions or activities, in line with the relevant legislation in each jurisdiction in which we operate (UK example below)*.

For Agents

Our customers can act safe in the knowledge that good compliance is paramount to the mission of Kaymaks. Agents of Kaymaks are able to utilise an unrivalled automated checking system, including an extensive suite of security mechanisms, to provide an extensive screening of transactions which is unmatched in scope or speed.

The quality of our surveillance is without parallel and provides a safe and secure means to add value to your business, with ease-of-use and simplicity of design guiding the development of our system, dedicated to removing barriers to operation whilst increasing security at-the-heart of your business.

We offer a dedicated business support unit, ready to provide AML & ATF policy and procedure advice, whose sole aim is to protect your business from risk and provide peace-of-mind. Kaymaks provides extensive training and education on a regular basis to ensure that our Agents and customers are protected against the risk of fraud. Taking our obligations further, we offer complete control over meeting the increasing demands of good compliance and work to shape and the way we meet the compliance requirements an ever developing AML & CTF responsibility.

* Proceeds of Crime Act. 2002, Payment Services Directive (EU) PSD2, Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, Office of Foreign Assets Control (OFAC), Financial Action Task Force (FATF), Consolidated United Nations Security Council Sanctions List