AML Policy - BlockBee

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This AML Policy (the “Policy”) sets out the AML arrangements of Blockbee Inc (hereinafter, “us,” “we,” or “BlockBee”), a company registered under the laws of the Republic of Panama, with its registered office at Vía España 1280, Edificio Orión, Suite 7D, Panama City, Republic of Panama.
At BlockBee, we are committed to upholding integrity and transparency in all our operations to prevent and combat any form of money laundering, terrorist financing, and other financial crimes in compliance with the applicable regulatory obligations.
This Policy applies to all employees of the Company, officers, contractors, and consultants.
BlockBee is committed to maintaining compliance with the applicable laws and regulations related to the prevention of economic crime. As such, BlockBee maintains an AML and CTF framework designed to prevent the misuse of its services for money laundering or terrorist financing activities.
BlockBee is dedicated to ensuring that our platform is not used to facilitate illegal activities. Our AML program is designed to detect, deter, and report suspicious activities in compliance with the applicable local regulations. Our commitment includes:
BlockBee has a zero-tolerance policy for any attempts to misuse our services for illegal activities, including money laundering, terrorist financing, and financial crimes. Therefore, we will collaborate with any authorities and work closely with regulatory bodies and law enforcement agencies to prevent and mitigate the risks associated with these activities. Any attempt to use our platform for illicit purposes will result in immediate and decisive measures, including account suspension, reporting to authorities, and legal action as necessary.
By adhering to these principles, we strive to create a secure and transparent environment for all our customers while contributing to the broader effort to combat financial crimes. We also encourage our users to uphold these standards and report any suspicious activities they may encounter to their respective authorities.
BlockBee prohibits all forms of bribery and corruption to ensure that:
The Company is required to retain documents and information used for the identification and verification of clients for a minimum of five years following the termination of the business relationship.
To ensure compliance with these requirements, the Company has implemented appropriate measures for the protection of personal data.
Personal data collected under these rules may only be processed for the purpose of preventing money laundering and terrorist financing.
We may update this AML Policy whenever necessary. We encourage you to review this policy periodically to stay informed of any changes. If we make significant changes, we will notify you through our website or by other appropriate means.
If you have any questions about our company’s privacy policy, the data we hold on you, or you would like to exercise one of your data protection rights, please do not hesitate to contact us at [email protected]. We are here to address your privacy-related concerns and assist you with any inquiries.