AML (Anti-Money Laundering) Procedures

Wilkins Finance is dedicated to meeting our regulatory obligations in terms of combatting money laundering. This means we have put in place several guidelines in order to remain in compliance with global and industry-wide standards of AML protocols.

Why Are We Concerned about Money Laundering?

Money laundering occurs when people take money earned illegally and attempt to insert it into the legal economy. It is called money laundering because this leads to making the “dirty” money look clean. After the money is tied to legitimate sources it can be difficult to trace it back to the original criminal activity that generated it.

Wilkins Finance is dedicated to supporting laws intended to prevent money laundering, and we will do our best to assist local law enforcement if we see evidence of orders indicative of theft, terrorism, or other illicit activity in conjunction with trading on one of our accounts.

What Are Our AML Protocols?

We base our AML prevention procedures on a concept called Know Your Client or KYC. We request that all new clients present us with several pieces of documentation, including government issued ID, proof of residency, and banking records which confirm ownership of any funds we receive on your behalf. Once we have reviewed this information, we will be able to activate your account. There is no need to worry about your privacy, as we handle your details with the highest levels of security.

In order to open an account with Wilkins Finance, we will need to receive the above documents within a 72 hour period which starts with an introductory email you will receive after completing the online portion of your application. We welcome any questions you have about the KYC process. Feel free to speak with our customer support team.