AML Policy

BPLUS PRO LTD operates Kudvi with a zero tolerance approach to money laundering, terrorist financing and sanctions evasion. These controls are applied as a condition of our regulated payment and payout partners and of card scheme rules, and as platform best practice. This page summarises the controls that implement that commitment.

1. Risk based approach

Controls are proportionate to risk. Factors considered include the Recipient's country, transaction volumes and patterns, payout destinations and the nature of the declared service.

2. Customer due diligence

Every Recipient completes the checks described in the KYC Policy before receiving funds. Identity, document and liveness verification is performed by Sumsub, our third party identity verification provider. Enhanced due diligence applies to higher risk cases, including politically exposed persons and unusual volume profiles.

3. Ongoing monitoring

Transactions are monitored for patterns inconsistent with genuine tipping, including structuring, rapid movement of funds and anomalous amounts. Alerts are reviewed and can lead to holds, information requests or account closure.

4. Sanctions compliance

Recipients are screened, through Sumsub, against applicable sanctions lists, including UK, EU, UN and US lists, at onboarding and on an ongoing basis. Matches lead to immediate freezing of activity and reporting as required by law.

5. Reporting

Where we know or suspect that funds relate to criminal activity, we file reports with the competent authorities, including the National Crime Agency in the United Kingdom, and cooperate with lawful investigations. The law prohibits us from telling a user that a report has been made.

6. Record keeping

Due diligence and transaction records are retained for five years after the end of the relationship, in line with the standards of the Money Laundering Regulations and the requirements of our payment partners.

7. Governance

Responsibility for this policy sits with the company's management, which reviews it annually and whenever the platform's risk profile changes.