Our Commitment to Security and Compliance

At Remotify, we are dedicated to maintaining a secure, transparent, and compliant platform by adhering to international Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. Our policies ensure all transactions on our platform are legitimate, secure, and aligned with global financial standards.

Anti-Money Laundering (AML) Policy

Our AML policy includes a rigorous internal process to monitor and evaluate the activities on our platform. These measures are designed to uphold compliance and protect all users. Key elements of our AML practices include:

• Verification of Project Legitimacy: All projects undergo an internal review process, which may include both automated and manual checks, to confirm their authenticity and adherence to our guidelines.
• Transaction Monitoring: We actively monitor transaction patterns, including project frequency and pricing, to ensure they align with the scope and nature of the work.
• Due Diligence: We conduct due diligence to ensure that the business and freelancer profiles align with the nature of their transactions, mitigating risks related to unlawful or non-compliant activities.
• Financial Partner Compliance: We strictly comply with the policies of our financial partners and banks. Entities or individuals from restricted countries or industries are not allowed to participate on our platform.

Know Your Customer (KYC) Policy

We implement KYC procedures to verify the identities of all users before payments are processed. This ensures that only verified individuals and businesses can access the platform and conduct transactions.

• Identity Verification: All users are verified through a trusted third-party KYC service provider before any payment is processed. This adds an additional layer of security.
• Secure Data Handling: Your KYC data is securely processed and managed by our service provider, ensuring compliance with GDPR and other data protection regulations.
• Automated and Manual Reviews: While most verification steps are automated, our compliance team performs manual checks when necessary to maintain the highest standards of security.

Prohibited Activities

To maintain the integrity of our platform, we prohibit the use of our Service for any activities restricted under EU, US, or international sanctions lists, or those prohibited by our financial partners. Only legitimate businesses and freelancers engaged in lawful work are permitted to use our platform.

Data Security and Privacy

Protecting user data is a top priority for Remotify. All data collected during the KYC process is securely processed and stored in compliance with the EU General Data Protection Regulation (GDPR). We use an advanced security infrastructure to ensure the confidentiality of sensitive information.

Building Trust Through Compliance

Our robust KYC and AML policies ensure that:

• Transactions are legitimate and secure.
• Users are protected against fraud and unlawful activities.
• Remotify complies with international financial standards and the policies of its payment partners.

These measures reinforce trust and transparency, enabling us to provide a safe and reliable platform for all our users.

Frequently Asked Questions

• What is KYC?

KYC, or Know Your Customer, is a process that verifies the identity of users to prevent fraud and ensure that only legitimate individuals and businesses use the platform.

• When is KYC conducted?

KYC verification is performed before any payment is processed on the platform.

• How does AML work on Remotify?

Our AML policies involve project verification, transaction monitoring, due diligence, and strict adherence to the compliance policies of our financial partners.

• Is Remotify a licensed financial institution?

No. Remotify is not a licensed financial institution, a bank, or an investment firm. We operate under a commercial commissionaire model, which does not require a financial services license in Estonia for our scope of operations. We act as a legal intermediary, and all funds are handled by our regulated financial partners.

• Is my data secure?

Yes. All data is securely stored and processed in compliance with GDPR regulations by our trusted KYC service provider.

• Do you work with restricted entities or countries?

No. We strictly adhere to the policies of our financial partners and do not engage with restricted entities, individuals, or regions.

Contact Us

For further information regarding our KYC and AML policies, please contact us:

info@remotify.co