FundingPicks Anti-Money Laundering (AML) Policy outlines the measures we take to prevent illicit financial activity on our platform. It includes customer verification (KYC), transaction monitoring, and strict compliance with global AML regulations to ensure a secure and transparent trading environment.

1. Purpose

FundingPicks is committed to preventing the use of its platform for money laundering, terrorist financing, or other illicit financial activities. This Anti-Money Laundering (AML) Policy outlines the steps we take to detect, mitigate, and report suspicious activities in compliance with applicable laws and international AML standards.

2. Scope

This policy applies to all customers, employees, contractors, and partners of FundingPicks, and covers all services offered through the FundingPicks platform, including evaluation purchases, payouts, and withdrawals.

3. Customer Identification and Verification (KYC)

To maintain a secure trading environment, all customers must complete Know Your Customer (KYC) verification before becoming eligible for any payouts

KYC is performed via a secure third-party provider, Veriff.

If the automated process fails, manual verification is required via email, including:

Government-issued ID (front and back)

Selfie holding the ID

Proof of address (e.g., utility bill, bank statement)

4. Monitoring and Reporting

FundingTraders uses automated systems and manual reviews to monitor account activity and flag potentially suspicious behavior, including:

Abnormal transaction sizes or frequencies

Use of multiple accounts to obscure activity

Frequent deposit or withdrawal attempts without legitimate trading behavior

Mismatched identity or payment credentials

If suspicious activity is detected:

The account may be suspended or terminated

Relevant activity may bereported to appropriate authorities or financial intelligence units (FIUs) in accordance with regulatory obligations

5. Prohibited Activities

Users may not use the FundingPicks platform to:

Launder money

Conceal the origins of illegally obtained funds

Facilitate terrorist financing

Bypass international sanctions or trade embargoes

Use stolen or unauthorized payment methods

Any violation will result in immediate termination and possible legal action.

6. Record Keeping

FundingPicks maintains detailed records of:

KYC documentation

Transaction history

AML investigations and reports

These records are retained securely for a minimum of 5 years, or longer where legally required.

7. Employee Training

All relevant FundingPicks staff are regularly trained on AML obligations, internal escalation procedures, and the detection of red flags relating to suspicious activity.

8. Policy Review

This policy is reviewed at least annually, or more frequently if required by changes in law, regulation, or business operations.

For questions or reporting suspected violations of this policy, please contact:support@fundingpicks.com