Exchange

Service rules

AML Policy

Affiliate programs

AML Policy and Regulation

Anti-Money Laundering (AML) and Know Your Transaction (KYT) Policy

Purpose and Core Principles:Our service strives to prevent the use of the Multival.is platform for money laundering or terrorist financing. We adhere to the following principles:
  • Compliance with all relevant regulatory requirements and laws related to anti-money laundering and terrorist financing.
  • Development and maintenance of a transaction monitoring and analysis system to detect and prevent suspicious activity.
  • Cooperation with law enforcement and other authorized organizations to combat criminal activity.
To reduce AML/CTF risks, the Multival.is Administration declares that the Service does not accept funds from sanctioned platforms/wallets/exchanges (Garantex, Capitalist, Cryptomus, CommEX, Bitpapa, NetEx24, Lazarus Group, Shinbad.io, DuckDice, Genesis Market, 1xBit, Darknetone, OMG!OMG!, Rapira, Trocador, Anonexch, Stake, DoubleWay, Primedice, Wasabi Wallet, Bitzlato, FreeBitcoin, Gandhiji.io, Hydra, NVSPC, Roobet, Tornado, WEX Exchange, Yolo Group, Black Sprut, BTC-e, Chiper Mixer, DuelBits, MEGA DARKNET MARKET, etc.), as well as from the following jurisdictions: Afghanistan, Angola, Bosnia and Herzegovina, Botswana, Bahamas, Cambodia, Burundi, Democratic Republic of Congo, Central African Republic, Republic of the Congo, Algeria, Ecuador, Eritrea, Ethiopia, Ghana, Guinea, Guinea-Bissau, Guyana, Haiti, Iraq, Iran, Japan, Kenya, North Korea, Lebanon, Liberia, Libya, Myanmar, Nigeria, Pakistan, Serbia, Russia, Sudan, Sri Lanka, Somalia, South Sudan, Syria, Tunisia, Trinidad and Tobago, Uganda, USA, Vanuatu, Venezuela, Yemen, Zimbabwe.To prevent illegal transactions, the Service establishes certain requirements for all Requests created by the User:
  • The sender and recipient of the Payment in a Request must be the same person. Transfers to third parties using the Service are strictly prohibited.
  • All contact details entered by the User in the Request, as well as other personal data provided to the Service, must be current and completely accurate.
  • Creating Requests using anonymous proxy servers or any other anonymous internet connections is prohibited.
All information provided by the client may be disclosed to the relevant authorities in the following cases:
  • upon request by law enforcement agencies;
  • by court decision of various instances;
  • upon requests from Payment System administrations.
KYC/AML may involve not only full identity disclosure (submission of identity verification documents) but also confirmation of the source of funds.Mandatory monitoring and risk assessment is carried out for all transactions processed by the provider, identifying suspicious user activity. Specially developed AML/CTF monitoring systems and internal procedures are used for this purpose.If the Service Administration has reasonable suspicion that the User is attempting to use the Service for money laundering or other illegal activities, the administration has the right to:
  1. suspend the User’s exchange transaction;
  2. request identity verification documents (passport, ID card, or driver’s license);
  3. request a selfie with the document and a handwritten note with the current date and signature;
  4. request other payment-related information: through which platform the funds were received; if possible, screenshots of wallet/platform withdrawal history, and links to both transactions in the explorer; the service for which the funds were received; the amount of the transaction and the date/time of execution; which contact person the sender communicated through. If possible, provide screenshots of communication with the sender confirming the transaction.
Typically, the User’s funds are frozen on Exchanges or custodial wallets where the Service receives the funds if the transfer is flagged as “High Risk Score” or for other reasons. In such cases, the Service relays the requirements of the Exchange or Payment System. The Service cannot process the Request or return funds that it does not possess. The funds are not credited to the Service's account but are under arrest, stored, and awaiting a decision from the Exchange (or another Payment System), which in turn awaits a decision from its security department, the FBI, or the police of the sanctioning country.