KYC И AML ПОЛИТИКА

1. In accordance with international law, bitmore.io, (hereinafter referred to as the Service) adheres to a number of rules and implements a number of procedures aimed at preventing the use of the Service for the purpose of conducting money laundering operations, that is, actions aimed at recovering money or other securities of illegal origin, presenting their acquisition and possession as perfectly legal and normal, as well as conducting other operations that are illegal.

2. To prevent transactions of illegal nature, the Service establishes certain requirements for all Applications created by the User:The sender and the recipient of the Payment under the Application must be the same person. Using the Service, transfers in favor of third parties are strictly prohibited.

All contact information entered by the User in the Application, as well as other personal data provided by the User to the Service, must be up-to-date and fully reliable.

It is strictly prohibited for the User to create Applications using anonymous proxy servers or any other anonymous Internet connections.

3. To prevent transactions of an illegal nature, the Service:

uses an internal system of automatic analysis of operations and behavior of the User (fraud prevention system), which stops all suspicious operations of the User;

establishes restrictions on User's operations depending on the level of identification of the User's identity and country of origin;

adheres to the policy “Know Your Customer” (KYC - “Know Your Customer”);

4. The Service reserves the right to freeze the User's account and all current User's Applications until copies of documents confirming the User's identity, as well as the source of origin of Electronic Blocks and other information necessary to verify the operation are received in the following cases:

if a violation of any of the requirements presented in paragraph 2 of this Agreement is detected;

if the User's Application is stopped by the fraud prevention system;

in case the sum of transactions on the Applications created by the User for the last 30 days exceeded the amount equivalent to 10 000 USD;

if the administration of the Service has a reasonable suspicion that the User is trying to use the services of the Service for money laundering or for the purpose of any other illegal operations.

In turn, the User undertakes to provide the requested document within 7 business days from the date of receipt of the request for its provision, or a request to cancel the application.

If the User refuses to provide the requested documents, the Service reserves the right to refuse the User further service and take action.

5. The Service reserves the right to refuse the User in further service and to take actions described in the User Agreement, after which it transfers all the User's data available to the Service, as well as all available information about the User's operations to law enforcement authorities in the following cases:

Detecting transactions whose purpose is money laundering, financing of terrorist organizations, fraud of any kind, as well as transactions aimed at conducting any other illegal operations;

if the Service has reasonable suspicions that the document provided by the User for the identification of the User is forged or invalid;

receiving information from authorized bodies about the ineligibility of the User's possession of electronic blocks or financial means and/or other information that makes it impossible for the Service to provide services to the User;

detection of any actions or attempts to commit actions by the User aimed at any negative impact on the software and hardware complex of the Service;

detection of any actions or attempts by the User to commit actions aimed at theft of databases and other tangible and intangible property of the Service;

identification of any actions or attempts by the User to commit actions that may cause any physical, tangible and intangible damage to the Service.

6. The Service reserves the right to verify personal and any other information received from the User by all available means.

7. List of countries, citizens or residents that we do not serve:

Afghanistan, American Samoa, U.S.. Virgin Islands, Territory of Guam, Iran, Libya, State of Palestine, Puerto Rico, Somalia, Democratic People's Republic of Korea, Northern Mariana Islands, USA, Syria, Russian Federation, Republic of Belarus, Republic of Sudan, Transnistria, Yemen, the temporarily occupied territories of Georgia, the Turkish Republic of Northern Cyprus, Western Sahara, the Federal Republic of Ambazonia, Kosovo, South Sudan, Canada, Great Britain, Nicaragua, Trinidad and Tobago, Venezuela, Myanmar and the temporarily occupied territories of Ukraine.

8. Sanctions Policy.

In accordance with our obligations to maintain sound anti-money laundering and counter-terrorist financing practices and to comply with applicable laws and regulations and international financial sanctions, has a strict sanctions policy with respect to freezing transactions related to sanctioned entities or suspected sanctions violators and suspending/terminating the use of our services by Users involved in such activities.

Takes all necessary steps to ensure that all Users with whom business relationships are established are verified against the relevant notices published by: United Nations Sanctions (UN); US Consolidated Sanctions; OFAC - Specially Designated Nationals (SDN); EU Financial Sanctions; UK Financial Sanctions (HMT); Australian Sanctions; Switzerland Sanctions List - SECO; INTERPOL Wanted List; Consolidated Canadian Autonomous Sanctions List; Office of the Superintendent of Financial Institutions (Canada); Bureau of Industry and Security (US); Department of State, AECA Debarred List (US); Department of State, Nonproliferation Sanctions (US), and others.