⚖️Revo Wallet AML Policy
General Provisions
Revo Wallet is a centralized cryptocurrency wallet integrated into the Telegram platform. We strictly follow international standards and regulatory requirements in the field of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF).
The purpose of this Policy is to prevent the use of Revo Wallet for illegal activities and to demonstrate our strong commitment to combating money laundering and terrorist financing.
Revo Wallet also informs users that it is strictly prohibited to use the service for laundering criminal proceeds, financing terrorism, conducting fraudulent activities, or purchasing prohibited goods and services.
Objectives and Commitments
Anti-Money Laundering & Counter-Terrorist Financing.
Revo Wallet aims to prevent the use of the platform for unlawful financial activities and to ensure the legality of all transactions.
Regulatory Compliance.
This Policy is developed in accordance with international AML standards (including FATF, and EU Directives 5AMLD/6AMLD) and the laws of jurisdictions where Revo Wallet services are available.
Transaction Transparency.
Revo Wallet implements identification and monitoring procedures to detect and block suspicious transactions.
User Requirements
Revo Wallet establishes the following mandatory conditions for all users and their requests:
Sender = Recipient.
Funds must originate from the same user who receives them; transfers on behalf of third parties are strictly prohibited.
Accuracy of Information.
All contact and personal information provided by the user must be truthful and kept up to date.
No Anonymity.
The use of anonymous proxies, VPN services, Tor, or any other tools that conceal a user’s IP address is prohibited.
Country Restrictions.
Revo Wallet operates in accordance with the legal requirements of jurisdictions where the service is available. Users from countries where crypto services are prohibited are not allowed to use Revo Wallet.
Prohibited High-Risk Platforms.
Revo Wallet may block or withhold funds originating from services listed under sanctions or known as high-risk (e.g., Tornado Cash, Hydra, etc.).
High-Risk Payment Systems.
Funds from certain payment services (e.g., Rapira, Payeer, Capitalist) are not accepted. If funds are received from these platforms, they will be frozen.
User Identification (KYC)
Standard transactions do not require mandatory KYC verification. User identification is performed through their Telegram account and email.
However, in the case of suspicious activity, the Revo Wallet team may request additional documents confirming identity (passport, ID card, driver’s license), as well as proof of funds’ origin.
Examples of requested materials may include:
A photo or video with the identity document
A selfie with the document and current date
Bank statements
Any documents proving the lawful origin of funds
If the user does not provide the requested documents within 6 months, withheld funds will not be returned.
Suspicious Activity and Response Measures
In case of reasonable suspicion, a transaction may be temporarily suspended for additional verification.
Revo Wallet reserves the right to:
Request identity documents from the user
Request any information related to the transaction
Provide information to competent authorities if required by law (e.g., law enforcement or court order)
Funds may be temporarily held until the internal investigation is completed.
If the verification confirms the legitimate origin of funds, a refund is possible only to the original payment details (minus applicable fees).
Confidentiality and Responsibility
Revo Wallet ensures the protection of users’ personal data in accordance with international standards. Only authorized personnel have access to such information.
A designated AML Officer is responsible for ensuring compliance with this Policy, monitoring transactions, and communicating with regulators and law enforcement authorities.
Revo Wallet Integrates Automated AML Monitoring
Revo Wallet continues to evolve its infrastructure and increase the platform’s transparency. As part of this development, we’ve integrated automated AML (Anti-Money Laundering) monitoring for all transactions.
This update is part of scaling the service and implementing modern compliance standards.
What’s changing:
All transactions now undergo automatic AML screening
Monitoring runs in the background and doesn’t affect most operations
The platform becomes more transparent and stable
Transaction Screening & Compliance Procedures
As part of international standards for Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF), Revo Wallet applies a risk-based approach to transaction monitoring.
When Can a Transaction Be Delayed?
A transaction or user activity may be temporarily suspended for further review if it:
does not pass automated AML screening
has a high-risk profile
meets certain internal control criteria
What Happens in Such Cases?
The review period may take up to 30 business days, in accordance with compliance procedures
The company may request the user to complete KYC verification
Additional documentation may be required to prove the legitimate origin of funds, including but not limited to:
Proof of income
Transaction history
Information about the source of assets
Additional Notes
Revo Wallet reserves the right to limit or deny a transaction if:
The information provided is incomplete
The data is inaccurate
The details do not meet compliance requirements
If necessary, information may be shared with relevant regulatory or supervisory authorities, in accordance with applicable legislation.
These measures are implemented solely to comply with international requirements and to ensure the security of the platform and its users.
Policy Updates
Revo Wallet reserves the right to update this AML Policy in response to changes in legislation or regulatory requirements.
By using the Revo Wallet service, the user agrees to this AML Policy and undertakes to comply with it.
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