Know Your Customer and Anti-Money Laundering Policies

Bitsave applies identification and identity verification procedures to know its users and comply with applicable legal and regulatory requirements.

The process may include collecting:

• Full name and date of birth.
• Nationality and country of residence.
• Official identification document.
• Biometric verification and liveness check.
• Address and contact details.
• Economic activity or occupation.
• Information on source of funds, where applicable.

Bitsave may use specialized technology providers, including Veriff, to perform identity verifications.

Bitsave maintains controls aimed at preventing the use of its services for illicit activities.

These controls include customer identification, risk assessment, transaction review, screening against sanctions lists, and the application of due diligence measures.

The company may request additional documentation, restrict transactions, or file reports with competent authorities where appropriate.

Bitsave uses technological tools for the analysis and monitoring of digital asset transactions, including solutions from specialized providers such as Elliptic.

Transactions may be assessed based on factors such as:

• Transactional behavior patterns.
• Consistency with the declared economic profile.
• Exposure to high-risk addresses or entities.
• Alerts related to international sanctions.
• Possible indications of fraud or illicit activity.

Alerts may lead to additional reviews and preventive measures in accordance with applicable law.

Bitsave applies due diligence measures proportionate to the identified risk level.

Simplified or standard due diligence: identification, documentary verification, and assessment of the user's profile, as applicable.

Enhanced due diligence: collection of additional information on economic activity, beneficial owners, source of funds, purpose of transactions, and supporting documentation.

Corporate clients will be subject to Know Your Business (KYB) procedures, including identification of legal representatives and beneficial owners.

The information collected will be used for identity verification, fraud prevention, regulatory compliance, and the provision of services.

Personal data will be processed in accordance with Bitsave's privacy policy and applicable data protection regulations.

Bitsave may cooperate with competent authorities and respond to legal requests related to anti-money laundering, counter-terrorist financing, fraud, and other illicit activities, in accordance with applicable regulations.

Users must keep their personal information up to date and provide additional documentation when reasonably required to comply with legal and regulatory obligations.