AML / KYC Policy
Purpose
Prevent money laundering, sanctions evasion, fraud and terrorist financing, and verify business users.
Verification (KYB/KYC)
Before transacting we verify: business registration; tax/VAT identifier; Ultimate Beneficial Owners (≥25%) identity and address; business address.
Sanctions screening
Users and beneficial owners are screened against applicable lists (OFAC, EU, UN). We do not onboard users in prohibited/sanctioned jurisdictions.
Funds
Collection, escrow and settlement are performed by a licensed payment/escrow provider; VESTRA does not hold or transmit user funds.
Monitoring & records
We monitor for suspicious patterns and keep verification and transaction records for the legally required period.