AML Policy

Block Vault Co operates an anti-money-laundering and counter-terrorist-financing programme proportionate to its size and risk profile.

Customer due diligence

We verify the identity of every account holder and may request government-issued identification, proof of address or source-of-funds evidence before releasing a withdrawal.

Monitoring

Transactions are screened for patterns associated with layering, structuring and sanctioned-address exposure. Alerts are reviewed by a compliance officer.

Sanctions

We screen against applicable sanctions lists and will not onboard or transact with designated persons or entities.

Reporting

Suspicious activity is reported to the relevant financial-intelligence unit. We do not notify account holders of such reports where the law forbids it.

Record keeping

Identification and transaction records are retained for the statutory minimum period.