Policy Summary

Quickypay LLC (“Quickypay”) is committed to operating its business in compliance with all applicable laws, regulations, and best practices aimed at preventing money laundering and terrorism financing activities. Our policy reflects our dedication to safeguarding the financial system’s integrity while providing safe and secure services to our customers.

What is Money Laundering and Terrorism Financing?

– Money Laundering (ML) involves disguising the origins of illegally obtained money to make it appear legitimate.
– Terrorism Financing (TF) refers to the act of providing financial support to individuals, groups, or organizations that promote or engage in terrorist activities.

Quickypay’s Approach to AML/CTF

Quickypay maintains a proactive AML/CTF compliance framework based on international standards and regulatory requirements. This framework is designed to:

– Detect and prevent the use of Quickypay’s services for illicit purposes.
– Support law enforcement efforts by reporting suspicious activities.
– Maintain transparency and accountability in our operations.

Our Key Principles

– Zero Tolerance: We oppose any use of our services for money laundering or terrorist financing.
– Regulatory Compliance: We adhere to the AML/CTF regulations of all jurisdictions where we operate.
– Customer Due Diligence: We verify the identity of our customers and assess risks before establishing a business relationship.
– Risk-Based Approach: We assess and monitor the risk associated with customers, transactions, and services.
– Ongoing Training: Our employees receive initial and continuous AML/CTF training.
– Record Keeping: We maintain accurate records of customer information and transactions for at least five (5) years.
– Independent Review: Our AML/CTF program is independently reviewed annually to ensure effectiveness.

Know Your Customer (KYC)

Quickypay implements robust KYC procedures, including:

– Collection of government-issued identification and proof of address.
– Screening against global sanctions and watchlists.
– Enhanced Due Diligence (EDD) for high-risk customers and transactions.
– Ongoing transaction monitoring to detect unusual or suspicious behavior.

Monitoring and Reporting

We monitor customer activities to identify unusual patterns. When suspicious activity is detected, Quickypay reports the matter to appropriate regulatory authorities in accordance with legal obligations.

Employee Awareness and Training

Our employees are integral to our AML/CTF compliance. We provide:

– Comprehensive training during onboarding.
– Periodic refresher courses to stay updated with regulatory changes.
– Awareness programs on identifying “red flags” and escalation procedures.

Record Keeping

Quickypay securely retains:

– Customer identification data.
– Transaction records.
– Internal reports and documentation relating to compliance efforts.

All records are kept for a minimum of five (5) years, or longer where required by law.

Governance and Oversight

Our senior management oversees the AML/CTF compliance program. Regular reports on compliance performance and risks are presented to the Board of Directors.

Contact Information

For any questions regarding our AML/CTF Policy, please reach out to:
– Phone: +1 (786) 683-9018
– Email: quickypayus@gmail.com
– Address: 2000 Ponce de Leon Blvd, Suite 500, Coral Gables, FL 33134