Eastern Union money exchange
(An authorized money exchange) AML/ATF Policies {Anti-money laundering & Anti terrorism Financing}  

We insist on abiding by the Canadian laws and regulations under the guidelines of FINTRAC(Financial Transaction and report analysis Centre of Canada)

The AML/ATF Policy of eastern Union Money Exchange to prohibit and actively pursue the prevention of money laundering and any activity that facilitates the prevention of money laundering or the funding of terrorist or criminal activity.

Based on the risk, we will take extra precaution during the time of each transaction with our customer. We will observe all regulatory requirements in any jurisdiction where we conduct business.
Our company Eastern Union Money Exchange has detailed procedures on KYC(Know your Customer) with the following norms:

Name:
Date of Birth:
Address:
Contact Number:
SIN (Social insurance Number):
Photo Identification (Driver License or other comparable Source)

Source of fund is ensured to be legitimate, where Applicable/ support details suspicious circumstances must be reported in accordance with FINTRAC applicable legal to commence with the transaction requested.

Record will be kept over 5 (Five) years. Soft copies of all our operations will be available in the system, as well original hard copies of operation with their supporting documents will maintained well-organized manner with easy retrieval facility through the period.

To control and maintain compliance with the FINTRAC regulations we will form a committee who will monitor the whole procedures and our chartered accountant and expert will performs random checks to assure quality of compliance.

We will not notify to any customer involved in the transaction that the transaction has been reported. We will maintain all STR ( Suspicious Transaction Report) and any the supporting documents as confidential.