AML / KYC

1. Rebex Service adheres to practices and measures in the field of combating money laundering (AML) and the financing of terrorism (AML).

2. The purpose of these measures is to demonstrate that Rebex takes seriously any attempts to use its service for illegal purposes.

3. We warn users against attempts to use our service to launder money obtained through criminal means, finance terrorism, commit any kind of fraud, as well as against using the service to purchase prohibited goods and services.

4. In order to prevent illegal operations, the Service sets certain requirements for all Orders created by the User:

4.1. The Sender and Recipient of the Payment under the Order must be the same person. The use of the Service for transfers to third parties is strictly prohibited.

4.2. All contact details provided by the User in the Order, as well as any other personal data transmitted by the User to the Service, must be current and completely accurate.

4.3. It is strictly prohibited to create Orders by the User using anonymous proxy servers or any other anonymous Internet connections.

5. In case of justified suspicions by the Service administration that a user is attempting to use the Service for money laundering or for any other illegal operations, the administration has the right to:

— suspend the execution of the user`s exchange operation;
— request documents from the user identifying the user`s identity and other payment-related information:
◆ Photo of one of the documents (passport, ID card or driver`s license), selfie with this document and a sheet of paper on which today`s date and signature will be handwritten.
◆ Full information about how the funds were received (If possible, provide screenshots from the wallet/platform withdrawal history of the sender, as well as links to both transactions in the explorer); for what service you received the funds; the amount of the transaction, as well as the date and time it was conducted; through which contact person you communicated with the sender of the funds (If possible, provide screenshots of correspondence with the sender, where we can see confirmation of sending the funds).

6. All information provided by the client may be transferred to the relevant authorities in the following cases:

— at the request of law enforcement agencies;
— at the decision of courts of various instances;
— upon requests from Payment system administrations.

7. Return of assets not passing AML verification.

7.1 Return of blocked assets that have not passed AML verification is possible only after passing the identity verification of this Agreement and complying with clause 8.6.

7.2 Return of assets is impossible if a request has been received from competent authorities and other authorities, including from any jurisdiction, regarding these assets, in this case, the blocked asset may be considered as physical evidence in the case.

7.3 When performing item 8.6, the return to the client will be made with the retention of a commission. The commission fee is 10% of the transferred assets, but not less than 100 US dollars.

KYT Policy

Know Your Transaction (KYT) is aimed at identifying the transaction client in the event that there is a precedent when the Service has reasonable suspicions that the Client is using Rebex for purposes other than intended.

Such a precedent may arise if the Service suspects the Client of illegal actions that may be qualified as money laundering or an attempt to launder digital assets obtained unlawfully or the funds have a blatantly criminal origin. For these purposes, the Service is entitled to use any legal information, third-party means of analyzing the origin of digital assets.

In this case, Rebex Service reserves the right to:
1. Require the Client to provide additional information disclosing the origin of digital assets and/or confirmation that these assets were not obtained by criminal means;
2. Block the account and any operations related to the client, transfer to financial monitoring and/or law enforcement authorities at the place of registration of the Service and, if necessary, to the client`s registration address all available information and documents on the incident;
3. Require from the Client documents confirming identity, physical existence, registration address, solvency;
4. Return digital assets only to the details from which the transfer was made or switch to other details, after a full check by the Service Security service, if it was possible to verify the legal origin of the client`s funds;
5. Refuse the Client to withdraw funds to the accounts of third parties without explaining the reasons;
6. Hold the client`s funds until a full investigation of the incident is completed;
7. The Service reserves the right to control the entire transaction chain in order to identify suspicious transactions;
8. The Service reserves the right to refuse the Client to provide the service if the Service has reasonable suspicions about the legality of the origin of digital assets and hold the funds on the Service`s special accounts;
9. The Service reserves the right to refuse the Client to provide the service if the Service has reasonable suspicions about the legality of the origin of digital assets and hold the funds on the Service`s special accounts if it is impossible to trace the entire chain of movement of digital assets from the moment of their appearance.