BudgyDoo AML Policy

This BudgyDoo policy is to prohibit money laundering and any activities that facilitate money laundering or the financing of terrorist and terrorist-related activities, and to actively pursue prevention. BudgyDoo requires its managers, employees, and affiliates to comply with the policy to prevent the use of the company’s services for money laundering purposes.

BudgyDoo operates in areas where strict anti-money laundering (AML) regulations apply. We are committed to working with local financial regulatory departments. BudgyDoo adheres to relevant international standards, as well as local laws and jurisdictional requirements, strengthens and adjusts our internal monitoring mechanisms, and takes action against relevant illegal activities.

We assess the user’s risk level according to a specific risk control strategy, which serves as the basis for determining whether the user’s transaction is abnormal.

We continuously establish and adjust daily transaction limits and withdrawal limits based on security requirements and actual transaction conditions.

If frequent transactions occur in your registered account or exceed a reasonable range, our team will evaluate the transaction and determine if it is suspicious.

If we determine, based on our evaluation, that a transaction is suspicious, we may take restrictive measures such as suspending or rejecting the transaction. If possible, we may even cancel the transaction as quickly as possible and report it to the relevant authority, but you will not be notified.

In accordance with anti-money laundering regulations, we are required to monitor and track suspicious transactions and report them to the appropriate law enforcement authorities. If we believe there is a connection to criminal activities or money laundering, we reserve the right to refuse transactions at any time.