KYC/AML COMPLIANCE POLICY

1. Purpose

WefRefund Bank adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) standards to ensure secure, lawful, and transparent operations.

2. KYC Requirements

Users may be required to provide:

• Valid government-issued identification

• Proof of address

• Transaction history

• Additional documents for high-value disputes or funds release

Verification is required to prevent:

• Fraud

• Identity theft

• Money laundering

• Illegal transactions

3. AML Monitoring Procedures

WefRefund performs:

• Continuous transaction monitoring

• Suspicious activity reviews

• Pattern tracking

• Reporting of concerning activity to relevant authorities (when required by law)

4. High-Risk Transactions

High-risk cases may involve:

• Unusual payment activity

• Mismatched identities

• Refusal to provide documentation

• Multiple refund attempts under suspicious circumstances

These cases will undergo enhanced due diligence.

5. Non-Compliance

If a user refuses or fails to comply:

• Refunds may be delayed or denied

• Accounts may be suspended

• Authorities may be contacted when legally required