AML / CFT Policy

Anti-Money Laundering (AML) / Counter-Terrorist Financing (CFT) Policy
At SwissGuardTrust, we adhere strictly to Anti-Money Laundering and Counter-Terrorist Financing guidelines as set forth by:
● MONEYVAL – the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism.
● The Financial Action Task Force (FATF) – the global entity responsible for establishing international standards to combat money laundering and terrorist financing.
SwissGuardTrust’s goal is to safeguard our clients against money laundering and terrorist financing activities, ensuring our platform is not used for such illicit purposes.
MONEYVAL is a European organization that monitors compliance with international standards to prevent money laundering and terrorist financing. It assesses the effectiveness of regulatory implementations, providing recommendations to national authorities for system improvements. Initially an observer at FATF, MONEYVAL became an associate member in June 2006.
SwissGuardTrust has integrated MONEYVAL and FATF procedures and recommendations into our operations to combat money laundering. Our implemented measures include:
● Know Your Customer (KYC): Collecting and verifying customer identification and maintaining detailed records.
● Monitoring and reporting suspicious transactions.
● Ensuring customers are not involved in terrorist activities.
● Tracking and recording financial transactions for accuracy.
● Training staff to identify and report suspicious activities.
● Prohibiting cash transactions, money orders, and third-party transfers.
Money laundering involves disguising the origins of funds from illegal activities to make them appear legitimate. To combat this, SwissGuardTrust verifies customer identities before account opening and withdrawals, ensuring compliance with KYC requirements.
Our responsibility is to report all suspicious transactions, and misuse of accounts can lead to criminal prosecution. Funds suspected to be derived from criminal activities will be reported to authorities.
Third-party payments are strictly prohibited to ensure compliance with AML and CTF regulations. Only account holders can make deposits and withdrawals, preventing any unauthorized third-party transactions.
This AML & CTF Protocol serves as a guideline and is not part of our general terms and conditions. It may be amended periodically to align with the latest MONEYVAL and FATF guidelines.
Stages of Money Laundering
1. Placement: Introducing illegal funds into the financial system through various transactions to obscure their origin.
2. Layering: Splitting funds into smaller transactions and moving them around to further disguise their source.
3. Integration: Returning the now-laundered money to the criminal’s possession in a manner that appears legitimate.
SwissGuardTrust redirects withdrawals back to their original source to prevent money laundering. Our compliance program aims to prevent, detect, and report suspicious activities.
KYC Procedure
SwissGuardTrust’s KYC procedure is a mandatory part of our AML and CTF protocol, ensuring compliance with regulatory requirements and securing our platform. We collect and verify customer identification through:
● Valid identification documents (passport, ID card, driver’s license).
● Proof of residence (bank statement, utility bill, tax bill) not older than three months.
● Maintaining records of identification documents for reporting purposes.

Documents Required
Individual Accounts:
● Proof of Identity (POI): Valid passport, ID card, or driver’s license with a clear photo, full name, date of birth, and expiry date.
● Proof of Residence (POR): Recent bank statement, utility bill, or credit card statement with full name and residential address.
Corporate Accounts:
● Company incorporation certificate.
● Director and secretary certificates.
● Certificate of registered office.
● Beneficial owner/share certificate.
● Financial statements or management accounts.
● POI and POR for beneficial owners and directors.
● Board resolution authorizing the account opening and appointing an authorized person.
Approval Process
After completing the KYC procedure and verifying customer details, SwissGuardTrust approves the account registration and sets up the trading account. Activation occurs only after KYC verification.
Funding Your Account
Deposits can be made via:
1. Credit/Debit Card: Submit copies of both sides of the card, showing full name, expiry date, last four digits, and signature.
2. Bank Wire Transfer: Provide a copy of the wire transfer confirmation receipt with bank details, transfer amount, and date.
Withdrawals
Withdrawals follow these methods:
1. Credit/Debit Card: Funds are returned to the original card, not exceeding the deposited amount.
2. Bank Wire Transfer: Funds are returned to the original bank account used for deposit.
SwissGuardTrust is committed to preventing money laundering and terrorist financing, ensuring all transactions comply with our AML and CTF protocols.
Contact Information
For questions or assistance, please contact our support team at:
Email: [email protected]
SwissGuardTrust maintains the highest standards of compliance with AML and CTF regulations, protecting both our clients and business from illegal activities. Thank you for your cooperation.