Fraud and Money Laundering

1 min. readlast update: 11.30.2023

DESCRIPTION: No person shall abuse this site for the purpose of money laundering. The Company employs best-practice anti-money laundering procedures.

Important considerations:

  1. Acceptable funds should not originate from criminal activity. The Company is bound to report suspicious transactions to relevant authorities. 
  2. Clients agree that the Company may use personal information provided by them in order to conduct appropriate anti-fraud checks. 
  3. Clients shall not hold or pool third-party funds into their own account held with the Company. 
  4. It is prohibited to sell, transfer, and/or acquire accounts to/from other clients. Transfer of funds among other clients is also prohibited. 
  5. Only one account is allowed per person. No withdrawals and/or refunds may be collected on accounts opened in false names or on multiple accounts opened by the same person.

For further check refer to https://deriv.com/tnc/general-terms.pdf

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