Legal
AML Policy
Effective Date: June 1, 2025
1.Our Commitment
CashBullX is committed to preventing money laundering, terrorist financing, and other financial crimes. We comply with applicable AML laws and regulations.
2.KYC Requirements
All users must complete Know Your Customer (KYC) verification before making withdrawals. Required documents include:
- •Government-issued photo ID (passport, national ID, or driving license)
- •Proof of address (utility bill or bank statement)
- •Selfie with ID for liveness verification
3.Transaction Monitoring
CashBullX actively monitors all transactions for suspicious activity including:
- •Unusually large or frequent deposits
- •Transactions with no clear economic purpose
- •Use of multiple accounts by the same individual
- •Structuring transactions to avoid reporting thresholds
4.Suspicious Activity Reporting
If suspicious activity is detected, CashBullX reserves the right to:
- •Freeze the account immediately
- •Request additional verification documents
- •Report the activity to relevant authorities
- •Permanently terminate the account
5.Prohibited Users
The following individuals/entities are prohibited from using CashBullX:
- •Persons on international sanctions lists
- •Politically Exposed Persons (PEPs) without enhanced due diligence
- •Residents of FATF blacklisted countries
- •Anyone involved in illegal financial activities
6.Record Keeping
CashBullX maintains transaction records and user verification data for a minimum of 5 years in compliance with AML regulations.
7.Staff Training
Our team is trained to identify and report suspicious activity in accordance with AML best practices.
8.Contact
For AML-related inquiries: compliance@cashbullx.com