DESIRE PAYMENT SOLUTIONS'S Anti-Money Laundering Policy

As per Anti-money laundering legislations in effect in most countries it is necessary for DESIRE PAYMENT SOLUTIONS to make public the company's policy to ensure we comply with money laundering regulations and not accept payments that expose DESIRE PAYMENT SOLUTIONS, it's Exchangers and account holders to possible criminal fines and penalties.

Money laundering is the act of converting money or other monetary instruments gained from illegal activity into money or investments that appear to be legitimate so that its illegal source cannot be traced. According to tough financial regulations it is illegal for DESIRE PAYMENT SOLUTIONS its employees, agents, or exchangers to knowingly engage, or attempt to engage in a monetary transaction in criminally derived property.

DESIRE PAYMENT SOLUTIONS views Money Laundering as a serious criminal offense, and as such, complies with regulatory requirements intended to forestall and prevent money laundering. These include: Verifying the identity of our Exchangers, in addition requesting from them a compromise to verify the identity of their direct clients. The identity of any direct client of DESIRE PAYMENT SOLUTIONS will be verified according to the guidelines of various jurisdictions. Retaining transaction and identification records for a minimum period of five years.

Training staff continuously in terms of anti-money laundering regulations. Appointing compliance officer responsible for monitoring and reporting any and all suspicious activities. Supervise and oversea that all transactions and information in the system is correct and complies with anti-money laundering and applicable laws.

Please note that DESIRE PAYMENT SOLUTIONS under aforementioned laws has the right to refuse a transaction at any time should suspicion arise that it may be connected to money laundering or any other criminal activity. In addition, DESIRE PAYMENT SOLUTIONS will be obliged to report this suspicious activity in order to comply with said regulations, and internationally accepted laws and customs which also prohibits DESIRE PAYMENT SOLUTIONS from disclosing this information.

Providing DESIRE PAYMENT SOLUTIONS with false identification or contact details will be deem as a misuse of our terms of service. DESIRE PAYMENT SOLUTIONS is legally bound to report such misdemeanors to the relevant authorities, and as such you may be the subject to a criminal investigation.

DESIRE PAYMENT SOLUTIONS will NOT do business with anyone suspected of, or directly involved in Money Laundering, or where funds have been sourced by any illegal activity.

I have read DESIRE PAYMENT SOLUTIONS's Privacy Policy and understand and accept all terms and conditions contain herein, specially I accept and understand that DESIRE PAYMENT SOLUTIONS is authorized to finalize the contractual relationship with myself and/or the firm I represent, lawfully and immediately, with no responsibility whatsoever, If I violate any of the clauses of this anti-money laundry policy and/or any other internationally accepted regulations and laws.