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AML Policy

Monica's anti-money-laundering program covers KYC, transaction monitoring, sanctions screening, and suspicious activity reporting per Nigerian AML law and global best practice.

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KYC

BVN or NIN + liveness selfie. Required for accounts conducting transactions above light limits.

Transaction monitoring

Continuous behavioural and rule-based monitoring on crypto and naira sides.

Sanctions screening

User identity and counterparty addresses screened against listed jurisdictions and entities.

Suspicious activity reporting

Filed with relevant authorities per Nigerian AML obligations.

Training

Ongoing AML training for compliance and operations staff.

FAQ

Is my activity monitored?

Yes per AML obligations applicable to all regulated Nigerian fintech.

Reporting?

Suspicious activity reports filed per legal requirement.

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