Anti-Money Laundering & Know Your Customer Policy
At 14Wealth, we are committed to maintaining the highest level of financial integrity, security, and compliance with international anti-money laundering (AML) and know your customer (KYC) regulations. These policies are in place to protect our investors, prevent fraud, and ensure compliance with applicable financial laws in all jurisdictions we operate in.
1. Purpose of AML & KYC Policy
This policy is designed to:
✔️ Prevent money laundering, fraud, and illicit financial activities.
✔️ Ensure legal compliance with global financial regulations.
✔️ Protect investors and maintain the integrity of financial transactions.
✔️ Enhance security and build trust with our banking partners.
By investing with 14Wealth, all users agree to undergo identity verification and comply with our AML & KYC policies.
2. Know Your Customer (KYC) Policy
As part of our KYC requirements, we conduct a mandatory identity verification process before approving any investment or withdrawal request. This ensures that all transactions are made by verified individuals and prevents identity theft or fraudulent activities.
🔍 Required Information for Verification:
All investors must provide the following details during account registration:
📌 Full Legal Name (as per government-issued ID)
📌 Email Address & Phone Number (for secure account authentication)
📌 Government-Issued ID Document (Passport, National ID Card, or Driver’s License)
📌 Proof of Address (Utility Bill, Bank Statement, or Official Government Correspondence – not older than 3 months)
📌 Bank Account Details (for deposit/withdrawal verification – only for verified investors)
📢 Additional Verification:
In some cases, 14Wealth may request additional verification documents to ensure compliance with AML laws. Failure to provide the required documents may result in account suspension or denial of services.
3. Anti-Money Laundering (AML) Policy
We follow strict AML procedures to detect, prevent, and report suspicious transactions that may involve illegal financial activities, including:
❌ Money laundering
❌ Terrorist financing
❌ Fraudulent transactions
❌ Identity theft
❌ Unauthorized financial activities
🔎 AML Compliance Measures:
✅ Identity Verification: We verify all users before they can invest or withdraw funds.
✅ Transaction Monitoring: We monitor suspicious or high-risk transactions and report them to financial authorities if necessary.
✅ Enhanced Due Diligence (EDD): For high-value investments or transactions, additional verification and documentation may be required.
✅ Restricted Transactions: We do not process transactions related to illegal activities or unverified third parties.
⚠️ Important Notice:
14Wealth strictly prohibits anonymous transactions or third-party deposits and withdrawals. Any account found engaging in suspicious activities may be reported to regulatory authorities, frozen, or terminated without prior notice.
4. Withdrawal Verification Process
To prevent unauthorized transactions and protect investor funds, all first-time withdrawals must go through a one-time KYC verification process.
✔️ Withdrawal requests are reviewed within 1 business day.
✔️ If additional verification is required, the investor will be notified via email.
✔️ After successful verification, funds will be processed and sent to the verified bank account.
🔹 For security reasons, withdrawals can only be made to the investor’s own verified bank account. We do not allow third-party withdrawals.
5. Compliance & Legal Reporting
14Wealth is committed to cooperating with law enforcement agencies, financial regulators, and banking institutions in preventing financial crimes. In cases of suspected illegal activity, we reserve the right to:
✔️ Request additional documentation or clarification from investors.
✔️ Freeze or suspend suspicious accounts without prior notice.
✔️ Report fraudulent activities to relevant financial authorities.
6. Policy Updates & Investor Responsibility
This AML & KYC Policy may be updated periodically to remain compliant with global financial regulations. All investors are required to stay informed about any changes by reviewing this policy regularly.
🔹 Failure to comply with our AML & KYC policies may result in account suspension, fund restrictions, or termination of investment privileges.
