What Is the AML Policy?

JustMarkets, similarly to the majority of companies providing services on the financial markets, must adhere to principles of Anti-Money Laundering (“AML”). 

For this purpose, the Company introduced a strict policy on detection, prevention, and warning of the corresponding bodies of any suspicious activities. 

In order to make sure that JustMarkets is dealing with a real person or legal entity, we ensure to perform all the required measure in accordance with the applicable laws and regulations by means of the following:

• Know Your Customer (“KYC”) and Due Diligence: each JustMarkets client has to complete the verification procedure.

NOTE: You can find more information on how to proceed with the verification in our article: "How to get verified at JustMarkets?

• Monitoring of Client activity: JustMarkets monitors the activity of every Client in order to identify and prevent any suspicious transactions or activity. 

• Record Keeping: JustMarkets keeps records on all documents for the purpose of customer identification and data for each transaction in accordance with the applicable AML laws/regulations.

Deposit and Withdrawal Requirements

All the Clients' operations to deposit and withdraw funds have the following requirements:

• Bank transfers or bank card payments are solely available to your own account/bank card that are registered under your name. It is possible to request a withdrawal only in the same bank or account which you used for deposit.

NOTE: Deposit or withdrawals using 3rd party accounts are NOT allowed

• If you have used electronic payment systems, you can withdraw funds only on the systems and accounts used for depositing.
  
  
• In case the method used for the deposit is not available, the funds can be withdrawn via alternative payment methods, using the payment/bank account of the client. In some cases proof of the payment/bank account ownership will be required.
  
  
• If you have used multiple payment options, you should withdraw the deposited amount to the same payment methods.

EXAMPLE:

1. The first deposit of 112 USD was made via STICPAY
2. The second one of 28 USD was made via Visa/Mastercard
3. And 30 USD of profit

So according to AML Policy:

1. Firstly, you need to withdraw 28 USD via Visa/Mastercard 
2. Secondly, 112 USD via STICPAY
3. After these withdrawals, you can withdraw your profit via the preferred method.

For more information, refer to our articles:

• How to Deposit Your JustMarkets Account?
• How to Withdraw Funds from JustMarkets Account?
• Can I Withdraw Before Getting Verified?
• JustMarkets: Legal Documents