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What is Coinfloor Exchange UK's Anti Money Laundering policy and how does it affect me?

We perform identity and residence KYC verification to ensure that all our clients are trading safely with verified counterparties. Opening a Coinfloor Exchange UK account is similar to opening a bank account and in the financial services industry, these procedures are standard. 

As a cryptocurrency business we also go far above what is required from a regular money service business.

It is Coinfloor Exchange UK’s responsibility to safeguard its services from being used for money laundering and the facilitation of terrorist financing. For this reason we require all of our customers to go through an application and verification process to become a client before they are formally engaged through any form of contract or transaction.

The documentation submitted for each client application receives a thorough inspection and databcase verification. The database enquiry does not have any impact on credit score and will not impair your ability to raise credit as it is not equal to a credit check.

Our procedures are regularly revised and adjusted to minimise the impact to the customer and improve our service overall. 

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