KYC / AML Policy
Know Your Customer (KYC) & Anti-Money Laundering (AML) Policy
Last Updated: 04-02-2026
At Raisin Digital Bank, we are committed to maintaining the highest standards of security, transparency, and regulatory compliance. This KYC (Know Your Customer) and AML (Anti-Money Laundering) Policy outlines our procedures for verifying customer identity and preventing financial crimes on our platform.
1. Purpose
This policy is designed to:
Prevent money laundering, fraud, and terrorist financing
Ensure compliance with applicable financial regulations
Protect users and maintain the integrity of our platform
2. Customer Identification (KYC)
To access certain services, users are required to complete identity verification.
Required Information
You may be asked to provide:
Full legal name
Date of birth
Residential address
Government-issued identification (passport, national ID, or driver’s license)
Selfie or biometric verification (if required)
We reserve the right to request additional documentation where necessary.
3. Verification Process
All submitted information is reviewed through secure verification systems
Accounts may be restricted until verification is successfully completed
Providing false or misleading information may result in account suspension or termination
4. Risk Assessment
Raisin Digital Bank applies a risk-based approach to user verification.
We assess factors including:
Geographic location
Transaction patterns
Source of funds
Account behavior
Users identified as higher risk may be subject to Enhanced Due Diligence (EDD).
5. Ongoing Monitoring
We continuously monitor user activity and transactions to detect suspicious behavior.
This may include:
Identifying unusual transaction patterns
Temporarily restricting accounts under review
Requesting additional verification at any time
6. Prohibited Activities
Users are strictly prohibited from:
Engaging in money laundering or fraud
Using stolen or unauthorized payment methods
Financing illegal activities
Attempting to bypass security or verification processes
7. Cryptocurrency Compliance
For cryptocurrency transactions (including Bitcoin and USDT):
Transactions are monitored using blockchain analytics tools
Users are responsible for providing accurate wallet details
Cryptocurrency transactions may be irreversible once confirmed
Raisin Digital Bank reserves the right to restrict or deny services where risk is identified.
8. Reporting Obligations
We may report suspicious activities to:
Financial regulatory authorities
Law enforcement agencies
This is carried out in accordance with applicable laws and regulatory requirements.
9. Account Suspension and Termination
Accounts may be suspended or terminated if:
KYC requirements are not fulfilled
Suspicious or unlawful activity is detected
Users violate our Terms and Conditions
10. Data Protection
All personal information collected for KYC and AML purposes is handled securely and in accordance with our Privacy Policy.
11. User Responsibilities
By using Raisin Digital Bank, you agree to:
Provide accurate and truthful information
Keep your information up to date
Comply with all applicable laws and regulations
12. Policy Updates
We may update this policy periodically to reflect regulatory changes or improvements to our processes. Updates will be posted on this page.
13. Contact Information
If you have any questions regarding this policy, please contact us:
📧 Email: support@raisindigitalbank.com
🌍 Platform: Raisin Digital Bank
📍 Service Area: Global Digital Banking Platform
Raisin Digital Bank is committed to providing a secure, compliant, and trusted financial environment for all users.
