We need to know who we are serving on money services under know your customer procedure (KYC). This is the process of a business,
identifying and verifying the identity of its clients. The term is also used to refer to the bank regulation which governs these activities.
The process of KYC entails identifying the customer and verifying the identity by using reliable and independent documents or information.
While opening different accounts, the Bank collects documents to identify and verify the customer as required under the existing laws to
demonstrate that it has performed the existing KYC procedures.
We are following Obligations with respect to source of funds under The Money Laundering Regulations 2007 (the regulations)
only mention the source of funds in two places, regulation 8 for ongoing monitoring and regulation 14 with respect to politically exposed persons (PEPs).
We need to ensure all payment transactions have operated by us are clean or consistent with risk?
There is no obligation to obtain proof of the source of funds at all, let alone beyond a reasonable doubt.
However, it may be prudent to ask for some supporting evidence to confirm the information provided.
The payments may “Stop” or “Freeze” under the evidence investigate which it required by law.
All documents will be collected and secured under firewall in our crown server which it the high standard equally bank level.
Your documents will not be share to third-party under ICO procedure.
We have set up our trading server for operated all KYC & Trading system under high security standard as same level as banks.
The server is automatic connect to our merchants under ECOM mode direct to VISA & Master Card.
For Bank Transfer mode i.e. online banking will automatic connect under B2B with bank system.
All clients fund will be safe guarding by bank and issue a payment under bank processing as well.
We have full regulated with UK regulators and each single country regulators in the world for operated E-Payment services specialist in Thai Baht.
You can check our detail at “Regulatory” for more information.
We can provide a same day payment in “Fast Track” options or “1 day payment” for normal processing.
All payment will be offering by our local branch for our clients which it normally take up to 3-5 working on bank process.