Introduction

Our commitment is to comply with all applicable laws aimed at preventing money laundering and terrorist financing. This policy explains how IMO Rapid Transfer adheres to AML laws and ensures that any third parties acting on our behalf do the same.

What will I be asked to do?

You may be asked to verify your identity using secure methods like your bank account, SSN/BVN/NIN, or payment card. We aim to ensure that every customer using IMO Rapid Transfer is verified to protect the integrity of our payment systems.

When will I need to verify my identity?

Whether you're a new customer or have been with us for some time, you may be asked to verify your identity. For new customers, the process may take a few days, but our system minimizes inconvenience as much as possible.

Why is identity verification important?

Criminals and terrorists rely on illicit funds. Verifying identities helps prevent the "dirty" money from entering the financial system, ensuring the security of our platform. This does not mean suspicion falls on any particular user but is a preventive measure.

Who is involved?

Governments and financial institutions worldwide, including IMO Rapid Transfer, are committed to combating financial crimes. Your cooperation helps protect the financial system from misuse.

What the law requires

• We may be required to verify your identity and address.
• We are required to keep full records of all transactions and identification provided.
• We must monitor any unusual or suspicious transactions, regardless of size.
• We are legally obligated to report suspicious activity to relevant crime agencies such as CID, FBI, EFCC, or NSA.