Anti-Money Laundering (AML) Policy

1. Policy Statement & Commitment

RupiyaX ("we", "us", "our") is unequivocally committed to the highest standards of financial integrity. Our Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) Policy is designed to comply strictly with all applicable international and domestic laws and regulations aimed at preventing the use of our technological infrastructure for illegal activities.

We maintain a zero-tolerance policy towards any attempt to utilize our routing software, APIs, or partner banking networks for money laundering, the financing of terrorism, or any other type of financial crime.

2. Role in the Financial Ecosystem

It is critical to establish that RupiyaX is a technology software provider, not a regulated banking institution. We do not hold user deposits, issue credit, or act as a primary financial custodian. Our services consist of providing an API and dashboard interface that automatically parses and routes authorized payout instructions to underlying, licensed banking partners.

Despite acting strictly as a technology layer, we voluntarily enforce institutional-grade AML frameworks to protect our banking pipelines and maintain platform integrity.

3. Customer Due Diligence (CDD) & Corporate KYC

Before accessing the production capabilities of our Services, every corporate client must undergo a mandatory Know Your Business (KYB) and Know Your Customer (KYC) onboarding sequence. This stringent verification involves the collection and validation of:

• Government-issued corporate registration and incorporation documents.
• Tax identification numbers (e.g., PAN, GSTIN, EIN).
• Proof of primary operational address.
• Ultimate Beneficial Ownership (UBO) declarations and identity verification for directors controlling more than 25% of the entity.

4. Strictly Prohibited Verticals

To decisively mitigate AML risk, RupiyaX structurally blocks all transactions, accounts, and API payloads originating from or routing to the following high-risk sectors:

• Gambling and Gaming: Casinos, sports betting, lotteries, and games involving real-money stakes.
• Cryptocurrency: Virtual asset service providers (VASPs), crypto exchanges, NFT marketplaces, and unregulated tokens.
• Unregulated Money Services: Peer-to-peer money transmission businesses lacking proper licensing, hawala networks, and unregulated forex/binary options.
• Illicit Goods: Narcotics, counterfeit products, unauthorized pharmaceuticals, and weapons.

5. Transaction Monitoring & Anomaly Detection

We employ automated, algorithmic transaction monitoring systems to identify anomalous patterns indicative of financial crime. Our systems dynamically flag activities such as:

• Unusually high-velocity, low-value micro-transactions (structuring/smurfing).
• Sudden, unexplained spikes in API payout volume vastly deviating from the client's historical baseline.
• Repeated transfer failures directed at sanctioned or high-risk geographical routing nodes.

6. Freezing of Funds & Regulatory Reporting

If our programmatic monitoring triggers an AML alert, or if we receive intelligence from our banking partners:

• Account Suspension: We reserve the absolute operational right to immediately suspend API access and dashboard entry.
• Freezing Funds: We retain the right to unilaterally freeze any funds currently traversing our routing pipeline to prevent capital flight.
• Suspicious Activity Reports (SARs): We will proactively file SARs and cooperate fully with direct investigative requests from law enforcement agencies, financial intelligence units, and our banking partners without notifying the suspected party (preventing "tipping off").

7. Sanctions & Watchlist Screening

All entities onboarding to our platform are systematically screened against international and domestic sanctions lists, including OFAC (Office of Foreign Assets Control), UN Security Council designations, and regional financial regulatory watchlists. We categorically refuse service to any Politically Exposed Persons (PEPs) or entities residing on restricted lists.

8. Contact Our Compliance Officer

For inquiries from law enforcement, partner banks, or regulatory bodies regarding our AML protocols, please establish contact via our secure compliance channels: