INSTANT CASH has established and implemented risk-based policies and procedures to comply with the AML & CTF laws of United Arab Emirates and those of the jurisdictions in which Instant Cash operates. We understand and respect that each country we operate has its own governing rules and regulations. Instant Cash compliance team regularly reviews the applicable policies and updates the procedures accordingly.
INSTANT CASH system is integrated with World- Check database & Fin -Scan screening application for sanctions screening, which includes the SDN list issued by OFAC and lists issued by EU, UN, HM Treasury, CBUAE etc. INSTANT CASH has implemented an effective AML Monitoring System, which helps the company to detect, prevent and report any suspicious / unusual transactions which pertains to Money Laundering, Terrorist Funding or any other associated risks.