Anti-Money Laundering (AML) Policy

EXOR COMPANY is committed to preventing, detecting, and deterring fraud, concealment, and terrorist finance. EXOR COMPANY incorporates a no-tolerance fraud, concealment, and terrorist finance policy and can have interaction with relevant enforcement agencies if any User engages in activities contrary to the present policy.

Money laundering is mostly outlined as participating in acts designed to hide or disguise actuality origins of reprehensively derived take so the take seems to possess derived from legitimate origins or represent legitimate assets. Generally, concealment happens in 3 stages. money initially enters the national economy at the "placement" stage, wherever the money generated from criminal activities is born-again into financial instruments, like cash orders or traveler's checks, or deposited into accounts at monetary establishments. At the "layering" stage, the funds are transferred or stirred into alternative accounts or alternative monetary establishments to separate the cash from its criminal origin. At the "integration" stage, the funds are reintroduced into the economy and accustomed to purchase legitimate assets or fund alternative criminal activities or legitimate businesses

As per EXOR COMPANY AML policy, we accept the following.

We collect and record user identification info, in line with legal necessities and also ensure that user is given priority/liberty to provide additional details other than the basic and mandatory, before granting users access to the corporate website, which is the basic info.

  • Registered User ID
  • Name and details of the user with the address which are optional
  • Registration email address or WhatsApp number for regular communication

Any other applicable documentation

When capturing affiliate ID, we'll settle for a passport or alternative government-issued ID and also the most up-to-date proof of address (e.g. Utility bill, statement mail-clad at intervals the last three months with the residential address, etc.) we tend to capture the affiliate ID in 2 locations. once a member initiates a liquidation request associate degree once an affiliate requests an EXOR restricted postpaid card. Affiliate ID is captured mistreatment through a picture tool that uploads the image at intervals in the affiliate back workplace. This file is kept with the affiliate's record.

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