AML/KYC Policy

RDX LTD is committed to preventing money laundering, terrorism financing, and other financial crimes. This policy outlines our Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures.

1. Know Your Customer (KYC)

All users must complete identity verification before accessing full platform features. KYC verification includes: valid government-issued photo ID (national ID, passport, or driver's license); selfie verification to confirm identity; phone number verification via SMS; email verification via one-time code.

2. Verification Tiers

Tier 1 (Basic): Email + phone verification. Allows limited deposit and withdrawal amounts.
Tier 2 (Standard): Government ID + selfie. Allows standard transaction limits.
Tier 3 (Enhanced): Proof of address + additional documentation. Required for high-value transactions.

3. Transaction Monitoring

We monitor all transactions for suspicious activity, including: unusually large deposits or withdrawals; rapid movement of funds through the platform; transactions with known high-risk jurisdictions; patterns consistent with money laundering typologies; structuring transactions to avoid reporting thresholds.

4. Suspicious Activity Reporting

Where required by law, we report suspicious transactions to relevant authorities, including the Rwanda Financial Intelligence Centre. Users whose accounts are flagged will be notified where legally permitted.

5. Sanctions Compliance

RDX screens users against international sanctions lists, including UN, EU, and OFAC sanctions. Accounts matching sanctions entries will be frozen and reported to authorities.

6. Record Keeping

We retain all KYC documents, transaction records, and verification data for a minimum of 5 years, in compliance with Rwandan regulations.

7. User Obligations

Users must: provide truthful and accurate identification; not use the platform on behalf of third parties without disclosure; report any suspicious activity they observe; cooperate with verification requests.