AML Policy

AML Policy

RINTRAL TRADING SL ANTI MONEY LAUNDERING (“AML”) AND COUNTER TERRORIST FINANCING (“CTF”) POLICY IN RESPONSE TO THE SCALE AND EFFECT OF MONEY LAUNDERING SPAIN, IN COMMON WITH MANY OTHER COUNTRIES, HAS PASSED LEGISLATION DESIGNED TO PREVENT MONEY LAUNDERING AND TO COMBAT TERRORISM. ALTHOUGH NEBEUS IS CURRENTLY UNREGULATED AND DOES NOT FALL WITHIN THE SCOPE OF THE AML/KYC OBLIGATIONS IN SPAIN, WE HAVE PUT IN PLACE SYSTEMS AND PROCEDURES THAT MEET THE SPAIN AML LEGISLATION.

Anti-money laundering (AML) and know-your-customer (KYC) policy:
The Nebeus AML Policy is designed to prevent money laundering by meeting the Spain AML legislation obligations including the need to have adequate systems and controls to mitigate the risk of being used to facilitate financial crime. Nebeus insists on a comprehensive and thorough KYC and AML compliance framework. This includes monitoring of suspicious transactions and obligatory reporting to local regulators and other compliance bodies. Nebeus reserves the right to refuse registration to persons from jurisdictions that do not meet international AML standards. Nebeus reserves the right to carry out customer diligence verification of its users and their transactions. Enhanced customer review will be carried out periodically as part of our ongoing risk assessment. In addition to this, any attempt to abuse Nebeus or its platform will result in immediate account suspension and reporting violations to respective authorities.

The Nebeus AML and KYC policies are as follows:
  1. Transactions conducted via the Nebeus platform will be subject to AML transaction monitoring.
  2. Identity and proof of address documents and transaction records will be maintained for at least six years and will be submitted to regulators as required without prior notification to registered users.
  3. Nebeus may at any time without liability and without disclosing any reason, suspend the operation of your account. Nebeus shall notify you after exercising its rights under this clause.


Registered members will be required to verify their identity in line with Nebeus KYC policy. This includes submission of both government ID and proof of address. Valid ID includes a passport, national card, or driving license. Valid proof of address includes utility and rates bills not older than 3 months. Other forms of ID and address verification will not be accepted. Your account will be unverified until account validation has been completed. SANCTIONS POLICY:

Nebeus is prohibited from transacting business with individuals, companies and countries that are on prescribed Sanctions lists. Nebeus will therefore screen against United Nations, European Union, UK Treasury and US Office of Foreign Assets Control (OFAC) sanctions lists in all jurisdictions in which we operate.

We set limits on the account as per guidance given on this page: https://nebeus.com/info-limits

Card transactions are limited to 500 USD per account per day and available only to fully verified accounts. We process transactions subject to mandatory 3D secure verification and can additionally ask to confirm the account ownership by random amount verification method.
Individual customer — Prior to opening an account for an individual customer, we attempt to collect, verify, and authenticate the following information:
  1. email address;
  2. Mobile phone number;
  3. Full legal name;
  4. Social Security Number (“SSN”) or any comparable identification number issued by government;
  5. Date of birth (“DOB”)
  6. Proof of identity (e.g., driver’s license, passport or government-issued ID);
  7. Home address (not a mailing address or P.O. Box);
  8. and Additional information or documentation at the discretion of our Compliance Team.

Reporting requirements
All records are retained for seven (7) years and are readily available upon official request by an applicable examiner, regulator, or law enforcement agency.

Sanctions policy
Nebeus is prohibited from transacting business with individuals, companies and countries that are on prescribed Sanctions lists. Nebeus will therefore screen against United Nations, European Union, UK Treasury and US Office of Foreign Assets Control (OFAC) sanctions lists in all jurisdictions in which we operate.

Last Edited on 2021-08-01
nebeus.com
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