Anti-Money Laundering & Anti-Fraud Policy

Money laundering is the act of converting money or other monetary instruments gained from illegal activity into money or investments that appear to be legitimate so that their illegal source cannot be traced.

1. All xchange9ja.com customers are solely responsible to offer valid and accurate information when orders are submitted.

2. xchange9ja.com does not check the competence and legality owning by the user, the monetary funds that are offered by the user for exchange, and does not carry our monitoring of the user operations in any of the electronic payment systems or banking structure (a bank, a credit or investment structure).

3. Payment may not be counterfeit or otherwise fraudulent. The customer agrees that any attempt to remit fraudulent funds will result in prosecution to the fullest extent of the law and the notification of the general public of the user’s actions via posting on the xchange9ja.com website, public and private discussion boards or by any other means, at company discretion.

4. xchange9ja.com has a right to refuse to render whatever service without mentioning the reason to any customer.

5. xchange9ja.com under the law has the right to refuse a transaction at any time should suspicion arise that it may be connected to money laundering or any other criminal activity.

In addition, all orders must pass due diligence procedures according to our policies and regulations. We are required to take users proof of identity and the likes according to our mode of operation before offering our service. If any user fails to comply with verification requirements, we may decide to cancel or decline the order. We are not allowing third party transfer or hand to hand cash deals which imply that payments must go through the banking system. We are under the obligatory to safely keep the records of all transactions made through our website. Our service is not allowed to be used for any of the following types of transactions:

(i) Any pyramid selling, Ponzi schemes or similar multi-level marketing, or matrix programs or other ‘get rich quick schemes or high yield investment programs

(ii) the sale or supply of any illegal items or items which encourage or facilitate illegal activities

(iii) the sale or supply of counterfeit products