KYT (Know Your Transaction) Policy is aimed at identifying the transaction client in the event of a precedent when the Service has reasonable suspicions that the Client is using Perfect-change.com for other purposes.

Procedures and Methods

The purpose of the set of measures and procedures to combat money laundering that Perfect-change.com uses to check such transactions is to ensure that clients using the services of Perfect-change.com are identified in the same way according to a single standard. This minimizes both your own risks and the risks of law-abiding clients being involved in illegal actions of third parties. Perfect-change.com positions itself as a service that helps international organizations in the fight against money laundering.

In order to minimize the risks associated with money laundering and terrorist financing, we strictly do not accept or send payments to third (i.e. unidentified) parties. Each client who has their own account has the right to send or receive payments using only their accounts, be it accounts in electronic payment systems, bank accounts, credit/debit cards. We reserve the right to refuse to process transactions at any stage if there is a suspicion that the transaction is in any way related to money laundering or criminal activity.

The KYT (Know Your Transaction) policy is aimed at identifying the transaction client in the event of a precedent when the Service has reasonable suspicions that the Client uses Perfect-change.com for other purposes.

Such a precedent may arise if the Service suspects the Client of illegal actions that can be qualified as laundering or an attempt to launder digital assets obtained illegally or the funds are of clearly criminal origin. For these purposes, the Service has the right to use any legal information, third-party means of analyzing the origin of digital assets, as well as its own developments of the screening systеm.

In this case, the Perfect-change.com Service may:

1. Require the Client to provide additional information disclosing the origin of the digital assets and/or confirmation that these assets were not obtained by criminal means.
2. Block the account and any transactions related to the client until the incident is fully investigated.
3. Return digital assets only to the details from which the transfer was made or switch to other details after a full check by the Service’s security service, if it was possible to verify the legal origin of the Client’s funds.
4. Hold the client’s funds until the incident is fully investigated.
5. The Service reserves the right to monitor the entire transaction chain in order to identify suspicious transactions.
6. The Service reserves the right to refuse to provide the Client with the service if the Service has reasonable suspicions about the legal origin of the digital assets and hold the funds in special Service accounts.
7. The Service reserves the right not to disclose information about the methods and results of verification.