AML Policy
Money laundering is the act of converting money or other monetary instruments derived from illegal activities into money or investments that appear legitimate so that their illegal source cannot be traced. Domestic and international legislation applies to Companies whose clients can deposit and withdraw funds from their accounts.
ReaL Capital adheres to the highest anti-money laundering (AML) and terrorist financing standards and requires its employees to fully comply with anti-money laundering standards. In this regard, the Company implements a full range of measures aimed at identifying and combating money laundering and terrorist financing. Internal regulations are carefully followed in accordance with international requirements on this aspect.
Anti-Money Laundering Procedures ReaL Capital
Existing Procedures
The purpose of ReaL Capital's anti-money laundering procedures is to ensure that clients involved in certain activities are identified to a reasonable standard with minimal impact on law-abiding clients. ReaL Capital provides the necessary assistance to international organizations in the fight against the threat of money laundering and terrorist financing around the world. To this end, ReaL Capital has implemented a sophisticated electronic system that documents and verifies client identification data, as well as tracks all transactions and maintains detailed reports on all transactions.
ReaL Capital carefully monitors suspicious and large-scale actions and transactions and promptly reports these actions to the relevant authorities. To maintain the integrity of monitoring systems and ensure business security, the international legal framework provides legal protection for the providers of such information.
In order to minimize the risk of money laundering and terrorist financing, ReaL Capital does not accept cash as a deposit and does not disburse cash under any circumstances. ReaL Capital reserves the right to refuse to process a transaction at any stage if it suspects that the transaction is in any way related to money laundering or criminal activity. According to international law, ReaL Capital has no right to inform the client that the relevant authorities have been notified of his suspicious activity.
Customer identification and verification
In order to comply with anti-money laundering laws, ReaL Capital requires the client to provide two identity documents. The first document we require is an identification document issued by the government of the client's jurisdiction with a photograph of the client on it. This can be a government-issued passport, a driver's license (for countries where a driver's license is the primary identification document), or a local ID (except for corporate access cards). The second document that we require is an invoice with the client's full name and actual address on it, no older than 3 months. This can be a service invoice, bank statement, notarial certification, or any other account with the name and address of the client from an internationally recognized organization.
Customers are required to provide up-to-date identification information and promptly report any changes to it. The client must promptly inform the Company about the change in contact information or personal data.
Documents in non-Western languages ​​must be translated into English by an official translator; the translation must be stamped and signed by the translator and sent along with a copy of the original document with a clear photograph of the client on it.
Payment policy: deposit and withdrawal
Please note that ReaL Capital prohibits making chargebacks when working with payment systems and bank cards. To make a withdrawal from a trading account to one of these systems, you must fill out an application through the Client's Cabinet. Funds are credited to the wallet within 3 business hours. If the funds were lost as a result of trading, then, unfortunately, they cannot be returned back through a chargeback . Please read the risk warning before trading.
ReaL Capital requires the name of the sender of funds to fully correspond to the name specified when registering the account (if the payment system provides the name of the sender of funds) during the replenishment operation. Payments from third parties are not accepted.
ReaL Capital requires strict adherence to the generally accepted procedure for deposits and withdrawals. Funds can be withdrawn to the same account and in the same way as the deposit was made. When withdrawing, the recipient's name must exactly match the customer's name in the Company's database. If the top-up was made by bank transfer, funds can only be withdrawn by the same bank transfer to the same bank and to the same account from which the top-up was made. If the replenishment was made via an electronic payment system, funds can only be withdrawn by electronic payment to the same system and to the same account from which the replenishment was made.
The company accepts payments in the following currencies: USD, EUR, RUB. To fulfill the procedures for countering the legalization of funds obtained by illegal means, the withdrawal of funds is carried out only in the currency in which the replenishment was made.
If you have any further questions, please contact us by email.