Rules
KYC/AML policy
ANTI-MONEY LAUNDERING, KNOW YOUR CUSTOMER, AND SOURCE OF FUNDS POLICY
Valuta.in.ua SERVICE
1. GENERAL PROVISIONS AND REGULATORY COMPLIANCE
1.1. This Anti-Money Laundering (AML), Know Your Customer (KYC), and Source of Funds (SoF) Policy (hereinafter referred to as the "Policy") establishes the comprehensive framework, principles, and internal control procedures implemented by Valuta.in.ua (hereinafter referred to as the "Service") to prevent and mitigate risks associated with money laundering (ML), terrorist financing (TF), and other illicit financial activities.
1.2. The Service operates in strict accordance with international standards, including the recommendations of the Financial Action Task Force (FATF) and applicable regional regulations.
1.3. This Policy is legally binding upon all Users of the Service. By accessing the Service or initiating any transaction, the User provides unconditional consent to the terms and conditions stipulated herein.
1.4. Definitions: For the purposes of this Policy:
(i) “KYC” means customer identity verification;
(ii) “SoF” means Source of Funds documentation evidencing the lawful origin of assets;
(iii) “KYT” means ongoing transaction monitoring (“Know Your Transaction”) based on blockchain analytics and risk indicators;
(iv) “EDD” means Enhanced Due Diligence measures applied in higher-risk cases.
2. RISK-BASED APPROACH AND AML MONITORING
2.1. The Service employs a Risk-Based Approach (RBA) to identify, assess, and manage AML/CTF risks. Each transaction is subject to automated and manual monitoring to determine its Risk Score.
2.2. Technical Infrastructure: For the purpose of blockchain forensic analysis, the Service utilizes the GetBlock infrastructure and other proprietary or third-party analytical tools to evaluate transaction history, address clustering, and risk exposure.
2.3. Risk Scoring Model: Transactions are evaluated on a scale from 0 to 100:
0–39 (Low Risk): Standard processing.
40–69 (Medium Risk): Enhanced monitoring; potential request for additional data.
70–100 (High/Critical Risk): Mandatory suspension of the transaction and initiation of Enhanced Due Diligence (EDD).
2.4. Risk Labels: Notwithstanding the overall Risk Score, the Service reserves the right to suspend transactions exhibiting exposure to specific risk categories, including but not limited to: Sanctions (≥0.1%), Darknet/Fraud (≥0.5%), Mixing Services (≥3%), or Stolen Funds.
2.5. Final Decision and Override: The Risk Score and Risk Labels are indicators used within the Service’s risk-based framework and may be supplemented by manual review and additional information. The Service may approve, suspend, refuse, or refund a transaction based on an overall assessment of risk factors and compliance obligations, even where a single metric is below a threshold.
3. CUSTOMER DUE DILIGENCE (CDD) AND VERIFICATION PROCEDURES
3.1. Upon the identification of elevated risk factors, the Service shall initiate Enhanced Due Diligence (EDD). The User shall be required to provide the following documentation:
Proof of Identity: A valid government-issued identification document (Passport, ID Card, or Driver’s License).
Liveness Check: A high-resolution "selfie" with the aforementioned document.
Source of Funds (SoF) Documentation: Verifiable evidence of the legitimate origin of the assets (e.g., exchange trade history, bank statements, or salary certificates).
Proof of Residence: Utility bills or official correspondence (if requested).
3.2. Video Verification: The Service reserves the unilateral right to require a video identification session to verify the User’s identity and confirm the User’s control over the digital assets and payment instruments used.
4. OPERATIONAL TIMEFRAMES
4.1. The Service shall endeavor to complete verification procedures within the following estimated periods:
Standard KYC: Within 24 hours from the receipt of a complete set of documents.
AML/SoF Investigation: Between 72 hours and 10 business days.
4.2. The Service shall not be held liable for any market volatility or financial loss incurred by the User during the mandatory suspension period required for compliance verification.
5. REFUND PROTOCOL AND ADMINISTRATIVE FEES
5.1. Good Faith Clause: In the event that a User successfully completes the KYC/SoF verification and the Service confirms the absence of links to illicit activity, the refund or exchange shall be executed subject only to the deduction of actual network (gas) fees.
5.2. Non-Compliance and High-Risk Fees: If the User fails to provide the requested documentation, provides fraudulent information, or if the funds are confirmed to be associated with prohibited sources, a refund may be issued subject to an administrative fee of up to 5% of the transaction amount, not exceeding 100 USD (or equivalent), plus all applicable network and provider costs.
5.3. Legal Restrictions: No refund shall be processed if such action violates international sanctions, court orders, or instructions from law enforcement agencies.
5.4. Outcomes: In cases of non-cooperation or inability to complete verification, the Service may, where legally permissible, return funds to the sender subject to Section 5.2. Where funds are linked to sanctions, law enforcement restrictions, or prohibited sources requiring mandatory reporting or blocking measures, the Service may refuse to process a refund in accordance with Section 5.3 and applicable law.
6. PROHIBITED SOURCES AND SANCTIONS COMPLIANCE
6.1. The Service maintains a zero-tolerance policy toward assets originating from prohibited sources, including but not limited to:
Sanctioned Entities: Garantex, Commex, Bitzlato, Lazarus Group, etc.
Anonymizing Software: Tornado Cash, Blender.io, ChipMixer, Wasabi Wallet.
Illicit Platforms: Darknet marketplaces (Hydra, Black Sprut, etc.) and unregulated high-risk exchanges.
7. DATA PROTECTION AND CONFIDENTIALITY
7.1. All personal data collected pursuant to this Policy is processed in accordance with international data protection standards (GDPR or equivalent).
7.2. Data is stored in encrypted form on secure servers and is accessed solely for the purposes of AML/KYC compliance and fraud prevention.
7.2.1. Data is transmitted via secure communication channels and protected by role-based access controls and logging to prevent unauthorized access, alteration, or disclosure.
7.3. For comprehensive details regarding data handling, Users are directed to the Privacy Policy published on the Service’s website.
8. DISCLOSURE TO AUTHORITIES
8.1. Pursuant to applicable legal requirements, Valuta.in.ua reserves the right to report suspicious transactions (STR) to the relevant Financial Intelligence Units (FIU) or law enforcement agencies without prior notice to the User.
9. FINAL PROVISIONS
9.1. The Service reserves the right to amend this Policy at any time to ensure continued compliance with regulatory changes.
9.2. The User’s continued use of the Service following any such amendments shall constitute acceptance of the revised Policy.
Effective Date: 01/04/2026