Draft for legal review
AML policy
Last updated: 4 November 2026
Our commitment
Platino Payments SBK LLC, Dubai, UAE, works to prevent money laundering, terrorist financing and the evasion of sanctions. This policy describes our approach. Questions: orders@platinopayments.com.
Know your customer
Before we start work we identify and verify every business client: company documents, ownership structure and beneficial owners, directors, the nature of the business and the expected payment volumes. We repeat the checks periodically and whenever circumstances change.
Risk-based approach
We assess each client by country, industry, product and volume. Higher-risk clients go through enhanced checks and may get lower limits or be declined.
Transaction monitoring
We monitor payments for unusual patterns. While we review a payment we may delay or reject it and ask you for supporting documents.
Sanctions and prohibited activity
We screen clients and counterparties against applicable sanctions lists. We do not work with sanctioned persons or with businesses in the prohibited categories listed in the client agreement.
Reporting and record keeping
Where the law requires, we report suspicious activity to the competent authorities without notifying the client. We keep identification and transaction records for the period the law requires.
Your cooperation
We may ask you for information at any time. If you do not provide it, we may suspend the services.