EXMO.com is a UK-based exchange and has to fully comply with UK regulations such as the Proceeds of Crime Act 2002 and the Financial Action Task Force (FATF) recommendations.
Due diligence measures must be applied on a risk-based approach, and require enhanced due diligence in certain circumstances.
Due to KYC/AML standards and the requirements of financial regulators, as well as payment providers (for compliance with the same standards), in some cases, users may be required to confirm the source of funds for transactions. This is an additional measure to control the circulation of funds and guarantee financial security for all participants.
Source of funds request implies how you obtained these funds for completing a transaction/operation.
Documents confirming the source of funds are those illustrating the movement of these funds. In particular, how you received the funds by which a specific operation on EXMO.com was carried out.
Requires confirmation |
Considered proof |
1. Income |
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2. Savings |
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3. Investments |
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4. Loan |
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5. Asset Sales |
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6. Inheritance |
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7. Gift, Lottery, Gambling win |
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8. Company’s Profits |
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9. Digital Assets (Crypto) |
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