AML Policy

1. Purpose

This AML Policy is designed to prevent money laundering, terrorist financing, and other illicit financial activities in accordance with international AML regulations and best practices.

2. Scope

This policy applies to all online transactions, customers, and payment activities conducted through the company’s e-commerce platform.

3. Customer Due Diligence (KYC)

We implement Customer Due Diligence measures including:

· Verification of customer identity for high-value orders

· Collection of billing and shipping address information

· Email and phone verification for suspicious orders

· Enhanced due diligence for high-risk jurisdictions

4. Transaction Monitoring

We actively monitor transactions for:

· Unusual order amounts

· Multiple failed payment attempts

· Mismatched billing and shipping addresses

· High-risk country indicators

5. Suspicious Activity Reporting

Any suspicious transactions will be:

· Flagged for manual review

· Subject to order delay or cancellation

· Reported to relevant financial institutions if required

6. Sanctions Screening

We screen transactions against applicable sanctions lists including:

· OFAC (US)

· United Nations Sanctions List

· EU Sanctions List

7. Record Keeping

All transaction records are retained for a minimum of 5 years for audit and compliance purposes.

ANTI-MONEY LAUNDERING (AML) POLICY
Company: HONGKONG NI HENG HOROLOGE CULTURE CO., LIMITED
Website: https://www.bonestgattiwatches.com/