AML POLICY

TIt is the policy of the firm to prohibit and actively prevent money laundering and any activity that facilitates money laundering or the funding of terrorist or criminal activities by complying with all applicable requirements.

AWASHDIRECT LLC is registered with FINCEN as a money service business. As a result, we are required to have written compliance policies and procedures.

As a money services business, we are required to report the following transactions:

1. Suspicious transaction reports
2. Large cash transactions reports
3. Electronic fund transfer report.
4. Terrorist property reports.

Identifying Clients

As a money service business, we are responsible for identifying clients for all remittance.

To prevent our MSB from Money Laundering and Terrorist activities, we scan both sender and beneficiary in each transaction against OFAC watch lists.