ANTI MONEY LAUNDERING COMPLIANCE
Money Laundering and Terrorist Financing have been globally recognized as posing international and national security threats through the corruption of officials and legal systems, undermining free enterprise by crowding out the private sector, and threatening the financial stability of countries and the international free flow of capital. As such, Dolarex acknowledges the importance of all relevant laws, rules, regulations, policies and standards based on the Bank Secrecy Act ("BSA"), as well as Anti-Money Laundering ("AML") and Office of Foreign Assets Control ("OFAC") regulations. ABC Money Exchange makes it a priority to comply will all regulations and is devoted to maintaining a superior compliance environment.
ABC Money Exchange is registered with the Financial Crimes Enforcement Network ("FinCEN") as a money services business ("MSB"). As an MSB, ABC Money is subjected to comprehensive regulation by FinCEN, as well as other applicable Federal, State and local laws. We at ABC Money take pride in our foreign exchange services, as well as our compliance department.
DUE DILIGENCE / KYC
At ABC Money Exchange we place high importance on our Know Your Customer ("KYC") and Due Diligence programs. ABC Money Exchange has a thorough application process for all customers, complies with OFAC regulations and conducts extensive electronic screening of each customer transactions through U.S. government and other external and internal sanctioned party lists. We also make it a priority to balance our need to collect information from our clients during the course of a transaction with making sure there is no disruption to the level of service customers receive.
ABC Money Exchange is the ideal choice for your currency exchange needs not only because of our exceptional customer service but our commitment to AML compliance and protection of our client's privacy rights.