BSI FX aims at implementing a strict anti-laundering policy to ensure that its customers will be identified for such suspicion up to a certain standard to minimize the procedural complications for genuine and legitimate customers. In order to fulfill its commitment to provide full assistance to the government in combating such illegal financial transactions, BSI FX has developed a technologically advanced and reliable electronic system that verifies its client identification and is able to store the detailed record of all previous financial transactions.

BSI FX is obliged to report suspicious transactions. By misusing the service you may face criminal prosecution as we are bound to automatically report such behavior to the authorities.

One of the main measures to discourage money laundering and related illegal activities, BSI FX doesn’t accept cash transactions whether you are intended to deposit or withdraw the fund. The Company reserves the right to suspend or refuse to process a transaction at any stage, where it believes the transaction to be connected in any way to money laundering or criminal activity. In accordance with international law, the Company is not obliged to inform the Client that it has reported to the corresponding bodies the Client’s suspicious activity.

BSI FX has set up a compliance regime in order to fulfill its formal legal requirement. It comprises the appointment of a compliance officer, policymaking, and regular review of their implementation.

BSI FX is also committed to regularly updating its electronic system for inspection of suspicious transactions and for verification of client identification records, in accordance with any new regulations as they are promulgated, as well as providing training for its employees on enhancements to anti-money laundering procedures that may be required by new regulations.

BSI FX has set up a compliance regime in order to fulfill its formal legal requirement. It comprises the appointment of a compliance officer, policymaking, and regular review of their implementation.

BSI FX is also committed to regularly updating its electronic system for inspection of suspicious transactions and for verification of client identification records, in accordance with any new regulations as they are promulgated, as well as providing training for its employees on enhancements to anti-money laundering procedures that may be required by new regulations.