QS Remit is fully aware of the issues regarding money laundering and its consequences globally. In context of money laundering issues gaining national as well as international attention, there is mounting pressure on financial institutions to take serious measures in order to combat such issues. For this, we are committed to formulate our AML policies as per the laws, rules and directives of the Central Banks of the countries that we operate in.
QS Remit holds license from Kanto Regional Financial Bureau 00033 with head office in Tokyo, Japan. In addition, we also take care of the following procedures for compliancy requirements:
In order to tackle with the issues regarding money laundering and terrorist financing, QS Remit has developed an internal database of customers which confirm to local rules and code of conduct along with "N&P Anti-Laundering & Combating Terrorist Financing Policy & Procedure". Moreover, QS Remit ensures that each and every client is properly identified and monitored so that it is compliant with the requirements. The identification requirement for each transaction includes the followings:
Receiver should present a valid identification document (Driver's license, National Identity Card or Government issued identification with photo) that is compliant with the local laws.