Anti-Money Laundering & KYC

OPEN-BANK-INTER is committed to preventing money laundering and the financing of terrorism. This notice summarises our anti-money laundering (AML) and know-your-customer (KYC) obligations.

Customer due diligence

Before opening an account, we verify your identity using official documents and proof of address. We may request additional information to understand the nature and purpose of the relationship.

Ongoing monitoring

We monitor transactions on a risk-sensitive basis to detect unusual or suspicious activity, and we may ask you to justify the origin of funds.

Reporting obligations

Where required by law, we report suspicious activity to the competent authorities. We may not be able to inform you when such a report is made.

Restrictions

• We may delay, freeze or refuse a transaction that raises compliance concerns.
• We do not open accounts for prohibited activities or sanctioned persons.

Your cooperation

Keeping your information up to date and responding to our requests promptly helps us protect your account and comply with our obligations.