AML / KYC Policy

AML Policy

PCCEX Digital Inc AML/KYC policy is to ensure proper adherence to the provisions and intent of the  Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) regarding the requirement to implement reasonable procedures to deter money laundering activities and actively search for suspicious activity. PCCEX Digital Inc also cooperates with other law enforcement agency requests in their effort to fight against money laundering and terrorist financing.

In general, the PCCEX Anti-Money Laundering Program (AML Program) is a risk based process that is embedded within the internal controls of the Company. It is the responsibility of the Board of Directors and Senior Management to ensure that the Company maintains this effective internal control structure, including suspicious activity monitoring and reporting. Our AML Program is based upon:

  • Structure of Accountability-
  • Risk Analysis and Assessment
  • Risk Mitigation Strategies
  • Money Laundering and Terrorist Financing Red Flags
  • Information Sharing with Other Financial Institutions

If you want more information on our AML policy, please contact us at info@pccex.io

KYC Policy

Individual Accounts Verification:

Prior to opening an account we will collect and authenticate the following information:

  • Full legal name.
  • Date of birth.
  • Contact information; email address and mobile phone number.
  • Proof of identity (e.g., driver’s license, passport or any other government issued picture ID).
  • Proof of  Permanent home address (e.g., phone bill, gas bill, insurance bill).
  • Selfie photo with current date and the words PCCEX
  • At the discretion of our compliance team, additional information or documentation may be required.

*All documents must appear to be valid and unaltered in order to be acceptable.  If any information has been redacted, it is not acceptable.

Corporations Accounts Verification:

We are required to confirm the existence of the entity, and the entity’s beneficial ownership with the following information:

  • Articles of incorporation
  • Trade name registration, if applicable
  • Beneficiary ownership attestation (BOA) form
  • Proof of legal existence (e.g., certificate of corporate status, a record that has to be filed annually under provincial securities legislation, any other record that confirms the corporation’s existence).
  • Proof of address (utility bill, bank statement or any government record)
  • Contact information for all account signatories
  • Contact information of owners, principals, and executive management
  • Proof of identity (e.g., driver’s license, passport or any other government issued picture ID) for each individual beneficial owner that owns 25% or more, as well as all account signatories.
  • Identifying information for each entity beneficial owner that owns 25% or more (see individual customer information collected above for more details)
  • Signed Corporate Resolution
  • Completed the PCCEX signup application form
  • At the discretion of our compliance team, additional information or documentation may be required.

If you want more information on our KYC policy, please contact us at info@pccex.io