Compliance

KYC / AML Policies

Our commitment to anti-money laundering compliance and know-your-customer verification standards.

FortressFX Ltd is committed to the highest standards of compliance against money laundering (AML) and counter-terrorist financing (CTF). We do not accept or pay in cash under any circumstances.

Commitment to Compliance

Our policy is designed to prevent risks related to illegal activities and to comply with international laws. We are legally obligated to obtain, verify, and record information identifying each person who opens an account, and we must report suspicious activity relevant to money laundering.

Understanding Money Laundering

Money laundering is the process of converting funds from illegal activities into legitimate-looking assets. It typically involves three stages:

1

Placement

Introducing illegal funds into the financial system via deposits, purchases, or money transfers.

2

Layering

Moving funds across accounts and instruments to obscure their origin.

3

Integration

Reintroducing the cleaned funds as legitimate assets or investments.

FortressFX Ltd actively prevents any attempt to use its services for laundering funds, terrorist financing, or related criminal activities.

Company Procedures

FortressFX Ltd verifies the identity of all clients and applies measures consistent with AML/CTF laws and regulations. Compliance is ensured through:

  • Know Your Client (KYC) and due diligence
  • Monitoring customer activity
  • Maintaining detailed records

Know Your Customer (KYC)

All clients must complete a verification procedure before using our services. Enhanced due diligence is applied to clients from high-risk jurisdictions.

Individual Clients

We collect personal information such as name, birthdate, country of origin, and residential address. Clients must provide one of the following identity documents:

  • Valid passport
  • Driver's license with photograph
  • National identity card

Additionally, proof of current permanent address (e.g., utility bill or bank statement not older than 3 months) is required.

Corporate Clients

Unlisted companies must provide documentation including:

  • Certificate of incorporation
  • Memorandum and Articles of Association
  • Proof of registered address
  • Board resolution authorizing account opening
  • Director and beneficial owner identity documents

Monitoring and Record-Keeping

Customer activity is continuously monitored to detect suspicious transactions. Records of transactions and identification documents are retained for at least 7 years after account closure.

Measures Taken

If FortressFX Ltd suspects any activity related to money laundering or other criminal actions, we report it to regulatory authorities and may suspend or block accounts at our discretion.

Contact Us

For more information, please contact us at support@fortressfx.com.

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