Anti-Money Laundering Policy

Effective Date: March 2025
Last Updated: March 2025
Company Name: WEFUNDED PTY LTD
Registered in: South Africa
Scope: Global Service Provision

1. Our Commitment to AML Compliance

WEFUNDED PTY LTD is committed to preventing money laundering and the financing of terrorist and criminal activities. As a company operating globally and registered in South Africa, we comply with the Financial Intelligence Centre Act (FICA) and follow international standards including those recommended by the Financial Action Task Force (FATF).

We maintain a robust Anti-Money Laundering (AML) framework to detect, prevent, and report suspicious activities.

2. Know Your Customer (KYC) Policy

We conduct identity verification and due diligence on all clients during account registration, prior to funding, and before any profit withdrawals. This includes:

• Full name and date of birth

• Valid government-issued photo ID

• Proof of address (e.g., utility bill or bank statement)

• Source of funds or income (when necessary)

We may also request additional documents to satisfy our compliance obligations.

3. Ongoing Monitoring

Client activities are continuously monitored to detect unusual or suspicious behavior, including but not limited to:

• Unusual trading patterns

• Irregular fund deposits or withdrawal requests

• Attempts to circumvent KYC processes

We reserve the right to suspend or terminate accounts pending further investigation if suspicious activity is detected.

4. Prohibited Activities

Our services may not be used for:

• Money laundering or terrorist financing

• Fraudulent or deceptive financial behavior

• Engaging in high-risk transactions without disclosure

We do not accept cash deposits or third-party payments under any circumstances.

5. Reporting Obligations

As per South African and international AML laws, we are required to report certain transactions and suspicious activity to the Financial Intelligence Centre (FIC) or other relevant authorities.

Clients are not notified of such reports to maintain the integrity of investigations, as required by law.

6. Data Protection

All personal information and KYC documentation are securely stored and processed in accordance with the Protection of Personal Information Act (POPIA) and other applicable data privacy regulations.

7. Global Compliance

Although we are registered in South Africa, our AML measures align with global standards to ensure responsible operations across jurisdictions where our services are available.

8. Contact Us

For questions regarding this AML Policy or to report suspicious behavior, please contact us at:

Email: compliance@wefunded.io