🛡️ Anti-Money Laundering (AML) Policy

At BOForex, we are fully committed to combating money laundering and terrorist financing activities.

Money laundering refers to the process of disguising the origins of funds obtained through illegal means by converting them into legitimate assets or investments, making their criminal source difficult or impossible to trace.

To support global efforts in preventing these activities, BOForex has implemented a robust and sophisticated electronic monitoring system. Our objective is to detect and prevent the misuse of our financial services for illegal purposes and help restrict the movement of unlawfully obtained funds.

🚨 Why It Matters

Money laundering is a serious criminal offense, and its impact goes beyond financial crime—it fuels corruption, terrorism, and organized crime globally.

✅ Our Commitment

BOForex has adopted a comprehensive set of Anti-Money Laundering (AML) policies in accordance with international standards and regulatory guidance, including those from the Anti-Money Laundering Committee (AMLC).

🔒 Our AML Measures Include:

• Customer Identification Procedures (KYC)
  Ensuring all clients verify their identity using valid documentation before engaging in financial activities.

• Transaction Monitoring
  Continual surveillance of trading and funding activity to detect unusual or suspicious behavior.

• Record Keeping
  Secure storage of client documents and transaction histories in compliance with legal retention requirements.

• Risk-Based Approach
  Assessing and managing client risks based on activity profiles, location, and funding methods.

• Reporting Suspicious Activity
  Immediate reporting of any detected suspicious transactions to the relevant regulatory bodies.

• Employee Training
  Regular AML training and awareness sessions for our staff to ensure complete compliance.

BOForex remains steadfast in maintaining a secure and transparent trading environment, aligning with global best practices to prevent illicit financial activity.