1. Introduction

KomKom is committed to preventing money laundering and terrorist financing. This policy outlines our procedures for customer verification and transaction monitoring.

2. KYC Requirements

KomKom verifies the identity of all users through government issued identification, facial verification, and address confirmation before granting access to certain services.

3. AML Compliance

KomKom maintains a robust Anti-Money Laundering (AML) program consistent with international standards and regulatory expectations. We monitor all transactions for suspicious activity and report as required by law.

4. Verification Process

The verification process involves collecting, validating, and storing user identification data in compliance with data protection standards. KomKom uses third-party providers to enhance verification reliability.

5. Transaction Monitoring

KomKom uses automated systems to monitor transactions in real time. Transactions that exceed defined thresholds or show unusual patterns are flagged for review and possible escalation.

Questions?

For inquiries about our AML/KYC Policy, please contact us at legal@komkom.ng.