Nexo Cuts Minimum Borrowing Amount to Just $10. Read more →
|What We Need To Provide||Why Is It Important||What Does It Mean For You|
|Adequate operational capital||
a) We are subject to the minimum initial capital and own funds requirement. Own capital requirement is intended for covering the risk of a provision of payment services.
b) We protect your funds with our security measures (segregation of funds and funds insurance).
|Your payouts are guaranteed, protected as entrusted to a company with adequate operating capital.|
|Internal and external auditor is mandatory||Our accounts are subject to additional check.||Four layers of defense for your business.|
|Sound Anti-money laundering (AML) policies and procedures||
a) Risk-based approach (RBA) in assessing and managing the money laundering and terrorist financing risk to the company.
b) We perform customer due diligence (CDD), identification and verification procedures, including enhanced due diligence, screening against UN, EU, OFAC sanction lists.
|Our AML/CTF policies and procedures make us reliable partner within the financial sector safeguarding our own and your business reputation.|
|Data protection and security||We maintain high level IT security checks and data protection processes, access right procedures and data encryption.||Your sensitive information is safe and protected with us.|