AML Policy
1WM Service AML/CTF Policy
The 1WM Service adheres to practices and measures in the field of anti-money laundering (AML) and countering the financing of terrorism (CTF). The purpose of these measures is to exclude any attempts to use the 1WM platform for illegal purposes. We warn users against attempting to use the 1WM service for:- legalization of funds obtained by criminal means,
- financing of terrorism,
- fraud of any kind,
-
purchase of prohibited goods and services.
After the client provides data for the AML review procedure, unfreezing takes an average of 7-14 days; in rare cases, longer waiting is possible, depending on the complexity of the review and the workload of the AML department. The Service has the right to request additional, necessary information required for case review upon activation of the AML/KYC procedure and freezing of the client's transaction.
Security and Cooperation
We strongly recommend paying attention to the list of platforms from which we are unable to accept funds. Transfers from these platforms or connection with them may lead to the freezing of funds for an additional check for up to 10 days or indefinitely, with a subsequent request for additional, personal information from the client.Prohibited platforms and services:
1. Platforms with which the 1WM service does not interact:
- Bitpapa
- NetEx24
- Bitzlato
- DoubleWay
- MEGA DARKNET MARKET
- Garantex
- 1xBit
- 1xBet and all affiliated entities
- Stake
- Primedice
- OMGOMG!
- DuckDice
- Wasabi Wallet
- Gandhiji.io
- Hydra
- NVSPC
- Roobet
- Tornado
- WEX Exchange
- Yolo Group
- Black Sprut
- BTC-e / FinCEN
- Chiper Mixer
- DuelBits
- FreeBitcoin
- Darknetone
- Commex
- Trocador
- Anonexch
- Cryptomus
- Grinex
- Capitalist
- Rapira
- Nobitex (nobitex.ir) and any platforms registered in sanctioned jurisdictions
- Meer
- Aifory
- Terminal.cash
- SkyCrypto
- FlashObmen
- 60cek
- HD-change
- CoinBlinker
- Metka
- AlfaBit
- Heleket
-
Payeer
2. Platforms that have ceased operations but maintain a historical connection:
- Blender
- Lazarus Group (may be periodically active)
- Genesis Market
- Shinbad
❗️ Connection with any of the categories below will lead to transaction blocking and mandatory KYC verification:
- Sanctions
- Terrorism
- Darknet
- Ransomware / Malware
- Mixing
- Child Abuse
- Stolen Funds
- Scam / Fraud
- Protocol Privacy
- Bridge
- Decentralized Exchange
-
Gambling
Application Requirements
To prevent illegal operations, the 1WM Service establishes the following requirements for all Applications created by the User:- The sender and recipient of the Payment under the Application must be the same person. Transfers in favour of third parties are strictly prohibited.
- All contact information entered by the User in the Application, as well as other personal data transmitted by the User to the Service, must be current and completely reliable.
- The creation of Applications by the User using anonymous proxy servers or any other anonymous connections to the Internet is strictly prohibited.
- The use of products/services is prohibited for citizens and/or residents of the following countries (territories) and jurisdictions*:
- Afghanistan, American Samoa, Virgin Islands (USA), Guam, Iran, Yemen, Libya, State of Palestine, Puerto Rico, Somalia, Democratic People's Republic of Korea (DPRK), Northern Mariana Islands, USA, Syria, Russian Federation, Republic of Belarus, Republic of Sudan, Transnistria, temporarily occupied territories of Georgia, Turkish Republic of Northern Cyprus, Western Sahara, Federal Republic of Ambazonia, Kosovo, South Sudan, Canada, Great Britain, Nicaragua, Trinidad and Tobago, Venezuela, Myanmar, as well as temporarily occupied territories of Ukraine.
Measures to Prevent Illegal Operations
If the administration of the 1WM service suspects that a user is attempting to use the Service's services for money laundering or for the purpose of carrying out any other illegal operations, the administration has the right to:- suspend the execution of the user's exchange operation;
- request documents from the user to identify their identity;
- request other information relating to payments.
- legal or physical persons under sanctions,
- high-risk exchanges,
- financing of terrorism,
- child abuse and theft of funds.
- If the client chooses to exchange one type of coin in one network and the transaction fails the security check procedure, the service may immediately refund the funds without providing the necessary data, with the deduction of exchange commissions for this procedure (usually 100 USDT).
- depending on the coin and network (usdt bep-20), funds may not be credited to the exchange office's account if the transaction exceeds the permissible risk or causes suspicion at the exchange. This coin may be returned back to the client's account (after contacting technical support) and with a commission of up to 10% of the transaction amount that should have been credited.
Information Transfer
All information provided by the client may be transferred to the relevant authorities in the following cases:- upon request of law enforcement agencies;
- by decision of courts of various instances;
- at the request of Payment System administrations.