Anti-Money Laundering(AML) Policy

Money laundering is the act of concealing the origins of illegally obtained money by attempting to make it appear legitimate. The goal of this activity is to hide the illegal source of funds, including cash amounts. Consequently, both domestic and international laws prohibit CarryCore and its employees from knowingly or recklessly engaging in activities related to illegally obtained capital.

CarryCore implements robust anti-money laundering policies to identify clients based on specific criteria, minimizing the complexity for legitimate users. To honor our commitment to supporting governments in the fight against illicit financial transactions, CarryCore has developed technologically advanced and reliable electronic systems to verify client identities and maintain detailed records of all financial transactions. CarryCore tracks all suspicious activities and reports them to the relevant law enforcement agencies. Consequently, full legal protection is provided to clients who share confidential financial data with the company. To prevent money laundering and other illicit activities, CarryCore does not conduct cash transactions for deposits or withdrawals. We reserve the right to suspend any transaction if money laundering is suspected.

Like other financial institutions, CarryCore has established a compliance framework to fulfill official legal requirements. This includes the appointment of a compliance officer, the development and implementation of policies, regular impact assessments, and professional compliance training for staff. CarryCore regularly updates its electronic systems with the latest rules and regulations to enhance its ability to track money laundering and other criminal financial practices. Providing professional training to ensure our staff can track such illicit activities and utilize the latest technological systems is an integral part of CarryCore's mandatory policy.