AML & CTF policy

Payhusk is committed to preventing its service from being used for money laundering, terrorist financing, sanctions evasion or other financial crime. This page summarizes our anti-money-laundering (AML) and counter-terrorist-financing (CTF) program.

Risk-based approach

We apply controls proportionate to risk. Factors we weigh include merchant business type, transaction volumes and patterns, withdrawal destinations, and the jurisdictions involved. Higher-risk activity attracts enhanced scrutiny; prohibited activity (see our terms) is refused outright.

Merchant due diligence

Merchants verify an email address at onboarding, and we may require further identification of the business and its beneficial owners (KYB/KYC) before processing withdrawals, at thresholds, or whenever risk indicators warrant it. We screen against applicable sanctions lists and do not serve sanctioned persons or territories.

Transaction monitoring & withdrawal review

Payouts to merchants in good standing are processed automatically. Two controls interrupt that path: withdrawals at or above our review threshold are always held for manual compliance review before release, and accounts we have flagged for review have all withdrawals held for manual approval until the review concludes. Reviews may result in release, requests for further information, refusal of the payout, or account termination.

Blockchain analytics

We may use chain-analytics tooling to assess the risk of deposit sources and withdrawal destinations, and may refuse transactions connected to darknet markets, mixers, ransomware, sanctioned addresses or stolen funds.

Reporting & cooperation

Where the law requires, we file suspicious-activity reports with the competent financial-intelligence unit and cooperate with law-enforcement requests. We are prohibited from informing affected customers about such reports ("no tipping-off").

Records & training

Transaction and identification records are retained for at least the statutory period (typically five to ten years). Personnel with compliance duties receive regular AML/CTF training, and the program is reviewed and updated as regulation and risk evolve.

Contact

Questions about this program: compliance@payhusk.com. Our designated compliance officer is responsible for its operation.