In order to counteract the legalization of proceeds from crime and the financing of terrorism, the unioChange.com exchange Service conducts AML checks by the AML team of transactions received from clients. In case the transaction is identified as High Risk or the coins are sent from Dark Service, Dark Market, Illegal Service, Gambling, Exchange Fraudulent, Scam, Stolen, Mixer, Ransom, Sanctions, Child Exploitation and Terrorism Financing having a risk of more than 10%, or associated with illegitimate sources, the exchange Service may suspend the exchange operation until verification is carried out in accordance with KYT (Know Your Transaction) & KYC (Know Your Customer) standards.
uniochange warns customers against sending money from the following sources:
– Garantex;
– Tornado Cash;
– Hydra;
– Blender.io;
– Lazarus Group;
– Genesis Market;
– ChipMixer;
– Shinbad.io;
– Commex;
– Capitalist;
Any Iranian platforms and other platforms of prohibited/sanctioned countries.
Your transaction will fall under AML
[Caution]
The UNIOCHANGE service warns users against trying to use the UNIOCHANGE service for money laundering, terrorist financing, fraud of any kind, as well as from using the service to purchase prohibited goods and services.
The UNIOCHANGE service, its administration, employees and domain owners are not responsible for the misuse of the service by third parties, the actions of intruders and possible damage associated with the use of the UNIOCHANGE service.
1. Requirements
To prevent illegal transactions, the UNIOCHANGE service sets certain requirements for all Applications created by the User:
1.1. The sender and recipient of the Payment under the Application must be the same person. Using the services of the Service, transfers in favor of third parties are strictly prohibited.
1.2. All contact information entered by the User in the Application, as well as other personal data transmitted by the User to the Service, must be up-to-date and completely reliable.
1.3. It is strictly forbidden to create Applications by the User using anonymous proxy servers, VPN, Tor or any other anonymous Internet connections.
1.4. The customer must know the source of the funds before sending them to our exchanger, whether they are valid or illegal funds, and this applies when the customer sends cryptocurrencies to us.
2. Verification Procedures
One of the international standards for the prevention of illegal activities is customer due diligence (hereinafter referred to as Verification). To this end, UNIOCHANGE implements its own verification procedures in strict anti-money laundering and KYC(Know Your Customer) procedures.
2.1. The UNIOCHANGE Service may require the User to provide the UNIOCHANGE Service with reliable, independent source documents, data or information in order to pass verification and confirm the origin of funds. Required may inсlude:
* A photo with a passport, in expanded form, where the photo and full name are clearly visible;
* Scan or photo of the passport (first, second pages and registration page in good quality);
* confirm the origin of the funds
(photos, screenshots, extracts);
* Video verification of good quality and at least 10 seconds long.
In the video, we need to see that you:
– hold a white sheet of paper on which today’s date and the name of our exchange “unioChange ” is written by hand;
– hold the document submitted for the KYC ( Passport ).
The document must be clearly visible.
– tell your full name, today’s date, and that the video is for the request to unlock the order on the unioChange exchange.
2.2.In case of blockages, due to high risk or official investigation, funds will be held until verification is completed or the investigation is completed. For such purposes, the UNIOCHANGE Service reserves the right to collect the User’s identification information for the purposes of complying with the AML/KYC Policy.;
2.3.The UNIOCHANGE Service will take steps to verify the authenticity of documents and information provided by Users. All legal methods for double verification of identification information will be used, and the UNIOCHANGE Service reserves the right to investigate the cases of certain Users whose identities have been identified as dangerous or suspicious.
2.4.After confirming the identity of the user, the UNIOCHANGE Service may refuse to provide services to the User in a situation where the services of the UNIOCHANGE Service are used to conduct illegal activities.
2.5.The UNIOCHANGE service has regulatory requirements to verify the source of funds or crypto-currency in order to know that the source of funds that Users use to trade is legal.
2.6. The service reserves the right not to disclose information about the methods and results of the verification.
3. Conditions for making a refund of funds stopped for verification based on the results of the AML analysis of the transaction:
Refunds will only be issued after a full verification by AML team , which may inсlude detailed verification of the sender. Refunds are made minus a commission of 5% of the transaction amount to cover the labor costs for processing the application and arranging a refund. The return, subject to approval by the Service, will be processed by the Service within 7 (seven) calendar days, starting from the date when the User was notified with the decision of the Service regarding his return request. When making a refund, after passing the check (verification), the user must confirm the details to receive a refund.
[Conclusion]
finally with the foregoing, the UNIOCHANGE service does not bear any legal responsibility for using it for the purpose of laundering proceeds from crime, financing terrorism or purchasing prohibited goods and services, but undertakes to take all possible and available actions to prevent attempts to use the UNIOCHANGE Service .exchange for the purpose of money laundering, terrorist financing or the purchase of prohibited goods and services.
By making an exchange, the User, in accordance with the clauses of the exchange rules in force on UNIOCHANGE, agrees to all the terms of these policies and undertakes to comply with them.
