Money laundering is the process by which criminally
obtained money or other assets are exchanged for "clean" money with no
obvious link to its criminal origin.
By preventing money laundering, the movement of funds derived from
criminal activities will be inhibited. This will in turn, restrict the
availability of funds used for terrorist activities.
TNTForex.com views Money Laundering as a serious criminal offence, and
as such, complies with regulatory requirements intended to forestall
and prevent money laundering. These include:
- Confirming the identity of our clients
- Retaining transaction and identification records for a
period of five years
- Training staff in terms of anti-money laundering regulations
- Appointing a nominated officer responsible for monitoring and
reporting any and all suspicious activities to the relevant authorities.
For security reasons, we do not accept cash at any of our offices, and
for any one-off or linked transactions to the value of £9,000.00 or in
excess thereof, it is our policy to meet with our clients personally.
Clients should assume that all information provided to TNTForex.com is
available to regulatory authorities in both the country of origin of
the funds, and the destination country of the funds.
Please note that TNTForex.com reserves the right to refuse a
transaction at any time should suspicion arise that it may be connected
to money laundering or any other criminal activity. In addition,
TNTForex.com will be obliged to report this suspicious activity and in
line with regulations, is prohibited from disclosing this to the
client. Depending on the origins of clients, TNTForex.com may report
suspicious activity to regulatory authorities in one or more countries.
By providing us with false identification or contact details, we will
deem this a misuse of our service. We are legally bound to report such
misdemeanours to the relevant authorities, and as such you may be the
subject of a criminal investigation.
TNT Forex.com is regulated by HM Customs and Exercise for money
transfer business through their associate
, 1st Contact Forex, which holds the
compliancy licence for the TNTForex.com operations.
TNTForex.com will NOT do business with anyone suspected of, or directly
involved in Money Laundering, or where funds have been sourced by any