What is the objective of the AML/CTF policy?
Service Active sp. z.o.o. (Intel Academy) is under the obligation to apply AML/CTF policies to our business operations.
The purpose of those policies is to mitigate the risk of our services being used to commit of facilitate financial crimes.
Service Active sp. z.o.o. (Intel Academy) is committed to combat money-laundering and terrorist financing (AML / CTF) by proper identification of actual users of our accounts and supervision of their transactions.
What is an AML/CTF policy?
The AML/CTF policy is a procedure to prevent our services being used to commit or facilitate financial crimes. The specific provisions of those policies are confidential, in order to prevent possible avoidance by dishonest or fraudulent users. We would like to introduce to you some of the general rules and stipulations of our policies which directly concern you and affect the services we render.
We are obliged to identify, beyond a reasonable doubt, the identity of persons enabled to make purchases on our website. This is the reason why we may ask to collect your ID photos/scans.
In case of doubt, our customer support team may contact you to alleviate any concerns.
If we cannot determine, beyond a reasonable doubt, that the documents you provided are yours and authentic, we won’t be able to let you execute any transactions.
Transactions’ monitoring and supervision
Using our proprietary software we also analyze all transactions that take place on our website looking for suspicious and unusual behaviour. The selected transactions are analyzed by our AML specialists and evaluated for AML / CTF risks. or may require clarification with the Client.
Additional verification may be necessary if your transactions are flagged as suspicious or unusual, or our verification qualify you as a person imposing AML / CTF risk.
In such cases, we can require additional documentation proving your place of residence.
Basic AML / CTF Rules
Service Active sp. z.o.o. (Intel Academy) is obligated to close the user’s account and terminate the business relationship if our AML/CTF team find any suspicious activity, as presented in our operating rules below.
Our operating rules include, inter alia, as follows:
Service Active sp. z.o.o. (Intel Academy) shall not accept cash purchases or cash refunds.
Service Active sp. z.o.o. (Intel Academy) shall not accept any third party purchases or payments on a user account, that is managed on behalf of some one else, jointly or by shared accounts, etc.
Service Active sp. z.o.o. (Intel Academy) does not allow any exceptions to required user documentation rules.
Service Active sp. z.o.o. (Intel Academy) reserves the right to refuse to process a User’s
transaction at any time, due to suspicion of AML / CTF risk.
Countries under Sanctions
According to our policies, we do not open accounts and do not process transactions for citizens and residents of, as well as people staying in, countries where transactions are prohibited by international sanctions or internal regulations, or originating from countries which based on various criteria (Corruption Perceptions Index by Transparency International, FATF warnings, countries with weak anti-money laundering and terrorist financing regimes determined by European Commission and other criteria) impose high AML / CTF high risk.
Currently, these countries are:
Afghanistan, American Samoa, Angola, Bahamas, Botswana, Burundi, Cambodia, Central African Republic, Chad, Congo, Cuba, Democratic Republic of Congo, Equatorial Guinea, Eritrea, Ethiopia, Ghana, Guam, Guinea Bissau, Iran, Iraq, North Korea, Lebanon, Libya, Mali, Nigeria, Pakistan, Panama, Puerto Rico, Samoa, Saudi Arabia, Sierra Leone, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Trinidad and Tobago, Tunisia, Venezuela, Yemen, Zimbabwe, USA (some states).