Anti-Money Laundering (AML) & Know Your Customer (KYC) Policy

At Changerify, we are committed to preventing illegal activities such as money laundering and fraud. Our policies are designed to comply with international regulations and to ensure a safe and compliant platform for all users. Users must agree to this AML & KYC Policy to use our services.

1. Introduction

This AML & KYC Policy describes how Changerify verifies user identity and monitors transactions to prevent money laundering, terrorist financing, and other illicit financial activities. All users must complete verification before conducting significant exchanges.}

2. What is AML?

• AML stands for Anti-Money Laundering.
• It refers to laws and procedures that prevent illegally obtained funds from entering the financial system.

3. What is KYC?

• KYC stands for Know Your Customer.
• This process verifies the identity of users to ensure transparency and prevent misuse of our services.

4. User Verification Requirements

Users may be asked to provide documents such as:

• Government-issued ID (Passport, National ID).
• Proof of address (utility bill, bank statement).
• Self-photo or additional identity checks.

5. Monitoring Transactions

Changerify may monitor transaction patterns and flag suspicious activity for review and compliance purposes. High-risk transactions may require additional verification or may be paused until cleard.

6. Data Protection

All personal information collected for AML & KYC purposes will be stored securely and only used in accordance with our privacy policy.

7. Refusal & Suspension

Changerify reserves the right to refuse services or suspend accounts if verification fails or if there are legal concerns. Continued refusal to comply with AML & KYC requirements may result in account closure.

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Last updated: December 2025