[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"fetchDocsBySlug-aml-policy-en":3},{"id":4,"title":5,"slug":6,"date":7,"status":8,"content":9,"language":10,"translations":12,"seo":19,"apiDocFields":28,"featuredImage":24,"postsnotation":29},"cG9zdDo4NjQ=","AML Policy","aml-policy","2024-07-08T14:30:16","publish","\u003Cp>Revbit.net Anti-Money Laundering, Anti-Terrorist Financing Policy (hereinafter referred to as AML Policy) and Know Your Customer Policy (hereinafter referred to as the “KYC Policy”) is intended to prevent and reduce the possible risks of the revbit.net service participating in any illegal activity.\u003C\u002Fp>\n\u003Cp>International laws and regulators, as well as the Fifth Anti-Money Laundering and Anti-Terrorism Financing Directive (\u003Ca href=\"https:\u002F\u002Feur-lex.europa.eu\u002Feli\u002Fdir\u002F2018\u002F843\u002Foj\u002Feng\">5AMLD\u003C\u002Fa>), require the revbit.net service to implement effective internal procedures and mechanisms to prevent money laundering, terrorist financing, drug and human trafficking, weapons of mass destruction, corruption and bribery, as well as taking action in case of any form of suspicious activities and activity of its Users.\u003C\u002Fp>\n\u003Cp>The exchange office, as a service provider of virtual\u002Fcryptocurrency assets, is obliged to verify all suspicious transactions of virtual\u002Fcryptocurrency assets. During the verification, among other things, it is necessary to carry out user identification (KYC) and establish the origin of the virtual\u002Fcryptocurrency asset. Also, during the period of verification of the transaction, the virtual\u002Fcryptocurrency asset must be kept on the balance sheet.\u003C\u002Fp>\n\u003Col>\n\u003Cli>\u003Cstrong>By creating an order on the website, the Client agrees that an AML\u002FKYC check may be carried out against him.\u003C\u002Fstrong>\u003C\u002Fli>\n\u003C\u002Fol>\n\u003Cp data-start=\"1478\" data-end=\"1692\">\u003Cstrong data-start=\"1478\" data-end=\"1486\">1.1.\u003C\u002Fstrong> The AML\u002FKYC verification procedure in relation to clients and transactions is carried out by the AML officer of revbit.net service, as well as by our liquidity provider, namely the cryptocurrency exchange.\u003C\u002Fp>\n\u003Cp data-start=\"1694\" data-end=\"1967\">\u003Cstrong data-start=\"1694\" data-end=\"1702\">1.2.\u003C\u002Fstrong> Within the framework of AML\u002FKYC verification, the Client gives consent to the processing and storage of their personal data, as well as, if necessary, to the transfer of this data to the liquidity provider, namely to the AML officer of the cryptocurrency exchange.\u003C\u002Fp>\n\u003Cp data-start=\"1969\" data-end=\"2493\">\u003Cstrong data-start=\"1969\" data-end=\"1977\">1.3.\u003C\u002Fstrong> The AML\u002FKYC procedure includes a set of developed measures:\u003Cbr \u002F>\n● Continuous monitoring of transactions passing through the revbit.net service\u003Cbr data-start=\"2116\" data-end=\"2119\" \u002F>● Appointment of a responsible person (Money Laundering Reporting Officer)\u003Cbr data-start=\"2193\" data-end=\"2196\" \u002F>● Risk-based approach\u003Cbr data-start=\"2217\" data-end=\"2220\" \u002F>● Customer due diligence\u003Cbr data-start=\"2244\" data-end=\"2247\" \u002F>● Improvement of professional skills and knowledge of revbit.net service employees\u003Cbr data-start=\"2329\" data-end=\"2332\" \u002F>● Enhanced Due Diligence check\u003Cbr data-start=\"2362\" data-end=\"2365\" \u002F>● Interaction with government authorities in cases established by law\u003Cbr data-start=\"2434\" data-end=\"2437\" \u002F>● Accounting, record keeping, documentation management\u003C\u002Fp>\n\u003Cp data-start=\"2495\" data-end=\"2654\">\u003Cstrong data-start=\"2495\" data-end=\"2503\">1.4.\u003C\u002Fstrong> The AML\u002FKYC procedure may include several stages depending on the requests of the liquidity provider and the degree of cryptocurrency risk, including:\u003C\u002Fp>\n\u003Cul data-start=\"2655\" data-end=\"2733\">\n\u003Cli data-section-id=\"1efpwwo\" data-start=\"2655\" data-end=\"2668\">KYC steps\u003C\u002Fli>\n\u003Cli data-section-id=\"1tkdoth\" data-start=\"2669\" data-end=\"2700\">Source of Funds explanation\u003C\u002Fli>\n\u003Cli data-section-id=\"cql71w\" data-start=\"2701\" data-end=\"2733\">EDD (Enhanced Due Diligence)\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Cp data-start=\"2740\" data-end=\"2861\">\u003Cstrong data-start=\"2740\" data-end=\"2746\">2.\u003C\u002Fstrong> If, as a result of the conducted AML analysis of cryptocurrency assets, any label from the list below is obtained:\u003C\u002Fp>\n\u003Cp data-start=\"2863\" data-end=\"3578\">● DARK SERVICE (related to the dark side of the internet)\u003Cbr data-start=\"2920\" data-end=\"2923\" \u002F>● SCAM (fraud)\u003Cbr data-start=\"2937\" data-end=\"2940\" \u002F>● STOLEN (theft or stolen data)\u003Cbr data-start=\"2971\" data-end=\"2974\" \u002F>● MIXING (MIXER) (mixing of funds to conceal their origin)\u003Cbr data-start=\"3032\" data-end=\"3035\" \u002F>● SEXTORTION (extortion based on compromising information)\u003Cbr data-start=\"3093\" data-end=\"3096\" \u002F>● RANSOMWARE (extortion using malicious ransomware software)\u003Cbr data-start=\"3156\" data-end=\"3159\" \u002F>● HACK (hacking)\u003Cbr data-start=\"3175\" data-end=\"3178\" \u002F>● PHISHING (phishing)\u003Cbr data-start=\"3199\" data-end=\"3202\" \u002F>● TERRORISM FINANCING (terrorism financing)\u003Cbr data-start=\"3245\" data-end=\"3248\" \u002F>● FRAUD (fraud)\u003Cbr data-start=\"3263\" data-end=\"3266\" \u002F>● BLACKLIST (presence in blacklists)\u003Cbr data-start=\"3302\" data-end=\"3305\" \u002F>● STILL UNDER INVESTIGATION (still under investigation)\u003Cbr data-start=\"3360\" data-end=\"3363\" \u002F>● CYBERCRIME ORGANIZATION (organization related to cybercrime)\u003Cbr data-start=\"3425\" data-end=\"3428\" \u002F>● NARCOTICS (drugs)\u003Cbr data-start=\"3447\" data-end=\"3450\" data-is-only-node=\"\" \u002F>● CHILD ABUSE (child abuse)\u003Cbr data-start=\"3477\" data-end=\"3480\" \u002F>● HUMAN TRAFFICKING (human trafficking)\u003Cbr data-start=\"3519\" data-end=\"3522\" \u002F>● SANCTIONS (sanctions)\u003Cbr data-start=\"3545\" data-end=\"3548\" \u002F>● GAMBLING (casino, betting)\u003C\u002Fp>\n\u003Cp data-start=\"3580\" data-end=\"3724\">and other high-risk assets, the Client’s transaction may be frozen for an indefinite period until full identity verification (KYC) is completed.\u003C\u002Fp>\n\u003Cp data-start=\"3731\" data-end=\"3957\">\u003Cstrong data-start=\"3731\" data-end=\"3739\">2.1.\u003C\u002Fstrong> Upon receipt of an official request from our liquidity provider, namely the cryptocurrency exchange, the Client’s transaction may be frozen for an indefinite period until full identity verification (KYC) is completed.\u003C\u002Fp>\n\u003Cp data-start=\"3959\" data-end=\"4238\">\u003Cstrong data-start=\"3959\" data-end=\"3969\">2.1.2.\u003C\u002Fstrong> Enhanced Due Diligence (EDD procedures) may be initiated by the liquidity provider or responsible persons in cases of requests from the latter, high-risk cryptocurrency, or obvious falsification of documents and data requested during the Source of Funds or KYC stages.\u003C\u002Fp>\n\u003Cp data-start=\"127\" data-end=\"331\">\u003Cstrong data-start=\"127\" data-end=\"135\">2.2.\u003C\u002Fstrong> Ensuring AML analysis of cryptocurrency assets and validation of risks of incoming transactions is carried out using the following blockchain analytics providers: TRM Ecosystem, Elliptic, AMLbot.\u003C\u002Fp>\n\u003Cp data-start=\"333\" data-end=\"530\">\u003Cstrong data-start=\"333\" data-end=\"341\">2.3.\u003C\u002Fstrong> If any suspicious activity is detected by the AML officer of the revbit.net service, the Client’s transaction may be frozen for an indefinite period until the AML check is fully completed.\u003C\u002Fp>\n\u003Cp data-start=\"537\" data-end=\"583\">\u003Cstrong data-start=\"537\" data-end=\"583\">3. Documents for passing KYC verification:\u003C\u002Fstrong>\u003C\u002Fp>\n\u003Cp data-start=\"585\" data-end=\"863\">Collection, transfer, and security of personal data, in accordance with the company’s privacy policy during AML verification, is ensured by the AMLBot Forms service \u003Ca class=\"decorated-link\" href=\"https:\u002F\u002Famlbot.com\u002Fkyc\" target=\"_new\" rel=\"noopener\" data-start=\"750\" data-end=\"772\">https:\u002F\u002Famlbot.com\u002Fkyc\u003C\u002Fa>\u003Cbr data-start=\"772\" data-end=\"775\" \u002F>Safe3 UAB Registration code: 306141950\u003Cbr data-start=\"813\" data-end=\"816\" \u002F>Address: Vilnius, J. Jasinskio g. 16B, LT-03163\u003C\u002Fp>\n\u003Cp data-start=\"865\" data-end=\"983\">During the KYC step, the following may be requested:\u003Cbr \u002F>\n● Email\u003Cbr data-start=\"925\" data-end=\"928\" \u002F>● Photo of an identity document\u003Cbr data-start=\"959\" data-end=\"962\" \u002F>● Selfie — liveness\u003C\u002Fp>\n\u003Cp data-start=\"985\" data-end=\"1180\">If necessary, the service has the right to additionally request any other documents not specified in this section. All submitted images (scans, photos, screenshots) must be in JPEG or PNG format.\u003C\u002Fp>\n\u003Cp data-start=\"1187\" data-end=\"1400\">\u003Cstrong data-start=\"1187\" data-end=\"1195\">3.1.\u003C\u002Fstrong> The timeframes for reviewing documents for KYC verification are individual for each incident but may not exceed 30 days in cases where there is no freezing or blocking of assets by the liquidity provider.\u003C\u002Fp>\n\u003Cp data-start=\"1402\" data-end=\"1480\">\u003Cstrong data-start=\"1402\" data-end=\"1410\">3.2.\u003C\u002Fstrong> Return of blocked assets is possible only upon passing the AML check.\u003C\u002Fp>\n\u003Cp data-start=\"1482\" data-end=\"1579\">\u003Cstrong data-start=\"1482\" data-end=\"1490\">3.3.\u003C\u002Fstrong> User assets that have not passed AML verification are not subject to exchange or return.\u003C\u002Fp>\n\u003Cp data-start=\"1581\" data-end=\"1828\">\u003Cstrong data-start=\"1581\" data-end=\"1589\">3.4.\u003C\u002Fstrong> Based on the results of a positive AML check, the Client may be offered a refund with a commission of 5%, but not exceeding the amount that is higher than the liquidity provider\u002Fblockchain withdrawal fee required to ensure the withdrawal.\u003C\u002Fp>\n\u003Cp data-start=\"1830\" data-end=\"2044\">\u003Cstrong data-start=\"1830\" data-end=\"1838\">3.5.\u003C\u002Fstrong> Refund after completion of verification is possible only to the address from which the cryptocurrency was sent. The timeframe for processing the refund after completion of the AML check is 7 business days.\u003C\u002Fp>\n\u003Cp data-start=\"2046\" data-end=\"2346\">\u003Cstrong data-start=\"2046\" data-end=\"2054\">3.6.\u003C\u002Fstrong> Based on the results of a positive AML check, the Client may be offered to resume the exchange at the average (market) rate to the details previously specified by the Client in the order. The timeframe for such exchange is 36 hours from the moment the Client gives consent to this operation.\u003C\u002Fp>\n\u003Cp data-start=\"2348\" data-end=\"2555\">\u003Cstrong data-start=\"2348\" data-end=\"2358\">3.6.1.\u003C\u002Fstrong> Exchange at the market rate based on a positive AML check is created only to the old details; new details cannot be used, and for such cases, a refund is carried out in accordance with clause 3.5.\u003C\u002Fp>\n\u003Cp data-start=\"2562\" data-end=\"2774\">\u003Cstrong data-start=\"2562\" data-end=\"2568\">4.\u003C\u002Fstrong> Please note that our service reserves the right to charge an additional commission fee of up to 5%, but not more than the equivalent of $100 USD, from transactions if they have signs of high risk, such as:\u003C\u002Fp>\n\u003Cp data-start=\"2776\" data-end=\"3491\">● DARK SERVICE (related to the dark side of the internet)\u003Cbr data-start=\"2833\" data-end=\"2836\" \u002F>● SCAM (fraud)\u003Cbr data-start=\"2850\" data-end=\"2853\" \u002F>● STOLEN (theft or stolen data)\u003Cbr data-start=\"2884\" data-end=\"2887\" \u002F>● MIXING (MIXER) (mixing of funds to conceal their origin)\u003Cbr data-start=\"2945\" data-end=\"2948\" \u002F>● SEXTORTION (extortion based on compromising information)\u003Cbr data-start=\"3006\" data-end=\"3009\" \u002F>● RANSOMWARE (extortion using malicious ransomware software)\u003Cbr data-start=\"3069\" data-end=\"3072\" \u002F>● HACK (hacking)\u003Cbr data-start=\"3088\" data-end=\"3091\" \u002F>● PHISHING (phishing)\u003Cbr data-start=\"3112\" data-end=\"3115\" \u002F>● TERRORISM FINANCING (terrorism financing)\u003Cbr data-start=\"3158\" data-end=\"3161\" \u002F>● FRAUD (fraud)\u003Cbr data-start=\"3176\" data-end=\"3179\" \u002F>● BLACKLIST (presence in blacklists)\u003Cbr data-start=\"3215\" data-end=\"3218\" \u002F>● STILL UNDER INVESTIGATION (still under investigation)\u003Cbr data-start=\"3273\" data-end=\"3276\" \u002F>● CYBERCRIME ORGANIZATION (organization related to cybercrime)\u003Cbr data-start=\"3338\" data-end=\"3341\" \u002F>● NARCOTICS (drugs)\u003Cbr data-start=\"3360\" data-end=\"3363\" \u002F>● CHILD ABUSE (child abuse)\u003Cbr data-start=\"3390\" data-end=\"3393\" \u002F>● HUMAN TRAFFICKING (human trafficking)\u003Cbr data-start=\"3432\" data-end=\"3435\" \u002F>● SANCTIONS (sanctions)\u003Cbr data-start=\"3458\" data-end=\"3461\" \u002F>● GAMBLING (casino, betting)\u003C\u002Fp>\n\u003Cp data-start=\"3493\" data-end=\"3645\">This additional commission fee is applied to compensate for additional analysis and risk mitigation measures required to process high-risk transactions.\u003C\u002Fp>\n\u003Cp data-start=\"3652\" data-end=\"3869\">\u003Cstrong data-start=\"3652\" data-end=\"3660\">4.1.\u003C\u002Fstrong> Preliminary AML check and risk assessment are available to all users of the platform and are carried out in the form of consultation between company employees via the technical support service and the Client.\u003C\u002Fp>\n\u003Cp data-start=\"3871\" data-end=\"4137\">\u003Cstrong data-start=\"3871\" data-end=\"3881\">4.1.1.\u003C\u002Fstrong> Preliminary AML check and risk assessment is a free service, during which the operator analyzes, using internal resources, the address received from the Client and provides a decision and information on whether this asset is risky for our platform or not.\u003C\u002Fp>\n\u003Cp data-start=\"4139\" data-end=\"4260\">\u003Cstrong data-start=\"4139\" data-end=\"4149\">4.1.2.\u003C\u002Fstrong> The company does not provide detailed reports, statements, or textual or graphical results of checks to users.\u003C\u002Fp>\n\u003Cp data-start=\"4267\" data-end=\"4603\">\u003Cstrong data-start=\"4267\" data-end=\"4273\">5.\u003C\u002Fstrong> Refund of assets is not possible if a request has been received regarding these assets from competent authorities or if a seizure\u002Fblocking has been imposed by other authorities of any jurisdiction (in this case, the blocked asset may be treated as material evidence). Also, by decision of holding funds by the liquidity provider.\u003C\u002Fp>\n\u003Cp data-start=\"4605\" data-end=\"4782\">\u003Cstrong data-start=\"4605\" data-end=\"4613\">5.1.\u003C\u002Fstrong> Refund of assets for transactions with erroneous transfers, as well as those related to AML checks and blockings, is not possible without passing full KYC verification.\u003C\u002Fp>\n\u003Cp data-start=\"4789\" data-end=\"4955\">\u003Cstrong data-start=\"4789\" data-end=\"4795\">6.\u003C\u002Fstrong> Refund of assets is not possible if the Client has not provided, within 30 calendar days, the information requested by the AML Officer of revbit.net via email.\u003C\u002Fp>\n\u003Cp data-start=\"4962\" data-end=\"5332\">\u003Cstrong data-start=\"4962\" data-end=\"4968\">7.\u003C\u002Fstrong> Blocking is also carried out when sending assets from the following exchanges:\u003Cbr data-start=\"5047\" data-end=\"5050\" \u002F>Ommex, Kapitalist, NOBITEX, Garantex, Tornado Cash, Hydra, Blender.io, Lazarus Group, Genesis Market, ChipMixer, Shinbad.io, Commex, Wasabi Wallet, as well as from any Iranian platforms and other platforms of prohibited\u002Fsanctioned countries and operations with DarkMarket resources.\u003C\u002Fp>\n\u003Cp data-start=\"5339\" data-end=\"5527\">\u003Cstrong data-start=\"5339\" data-end=\"5345\">8.\u003C\u002Fstrong> The liquidity provider, as the initiator of the blocking, has the right to refuse payment of frozen funds after passing AML verification in cases described in clauses 2, 2.3, and 7.\u003C\u002Fp>\n",{"code":11},"EN",[13],{"language":14,"slug":6,"status":8},{"code":15,"locale":16,"name":17,"slug":18},"RU","ru_RU","Русский","ru",{"canonical":20,"metaDesc":21,"readingTime":22,"opengraphTitle":23,"opengraphUrl":20,"opengraphImage":24,"twitterImage":24,"opengraphDescription":21,"twitterDescription":25,"title":23,"twitterTitle":25,"opengraphType":26,"opengraphPublishedTime":25,"opengraphModifiedTime":27},"https:\u002F\u002Frevbit.net\u002Fdocs\u002Faml-policy\u002F","In this section you can familiarize yourself with the AML policy of Revbit service. Find more details on our website.",7,"AML Policy - Anti-Money Laundering Compliance",null,"","article","2026-03-30T16:24:43+00:00",{"afterDescription":24,"apiEndpoints":24},{"notation":24}]