Anti-Money Laundering (AML) & Compliance

BoltGifts has established Anti-Money Laundering (“AML”) policies and procedures to help detect and prevent illegal financial activities on our platform. We comply with applicable regulatory standards and best practices to ensure a safe and transparent marketplace.

Know Your Customer (KYC) Policy

To enhance security and prevent fraudulent transactions, BoltGifts implements Know Your Customer (“KYC”) procedures, which help verify the identities of users engaging in transactions on our platform.

Our compliance measures include:

1. • Risk-based KYC, Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) policies.
2. • Tiered verification levels based on transaction volume and risk factors.
3. • Cooperation with law enforcement agencies and regulatory bodies as required.
4. • Filing of Suspicious Activity Reports (“SARs”) when necessary.
5. • Use of anti-fraud systems and ongoing transaction monitoring.
6. • Investigations utilizing blockchain analytics tools.

BoltGifts reviews and investigates any suspicious transactionsthat appear inconsistent with a user’s normal activity or financial behavior. If required, we take appropriate action, including reporting suspicious activities to relevant authorities.

Sanctions & Compliance

BoltGifts actively monitors transactions to prevent engagement withsanctioned individuals or entities. We comply with international sanctions policies, including those set by:

1. • **The Office of Foreign Assets Control (OFAC)**
2. • **Specially Designated Nationals (SDN) and Blocked Persons lists**

Contact Us

For any inquiries regarding this policy, please visit our Contact Us page.