1. The Cashout.biz service adheres to the practices and measures in the field of combating the legalization (laundering) of proceeds from crime and the financing of terrorism (AML).
2. The purpose of these measures is to demonstrate that Cashout.biz takes seriously any attempt to use its service for illegal purposes.
3. The Cashout.biz service warns users against attempts to use the Cashout.biz service for money laundering, terrorist financing, using third-party cards, fraud of any kind, and also from using the service to purchase prohibited goods and services.
4. To prevent transactions of an illegal nature, the Service establishes certain requirements for all Applications created by the User:
4.1. The sender and recipient of the Payment under the Application must be the same person. Using the services of the Service, transfers in favor of third parties are strictly prohibited.
4.2. All contact information entered by the User in the Application, as well as other personal data transmitted by the User to the Service, must be up-to-date and completely reliable.
4.3. It is strictly forbidden to create Applications by the User using anonymous proxy servers or any other anonymous Internet connections.
4.4. The service reserves the right to block funds from exchanges that are included in the sanctions lists or have received the status of “high-risk”. To date, these are the platforms: Garantex, 1xBit, Primedice, Darknetone, Wasabi Wallet, DuckDice, Doubleway and Bitzlato. This list may be supplemented.
5. If there are reasonable suspicions from the administration of the Service that the user is trying to use the services of the Service for money laundering or for the purpose of carrying out any other illegal operations, the administration has the right:
— suspend the execution of the user’s exchange operation;
— request from the user identification documents and other information related to payments:
◆ A photo of one of the documents (passport, ID-card or driver’s license), a selfie with this document and a sheet on which today’s date and signature will be written by hand.
◆ Complete information about the platform through which the funds came to you
If possible, please provide:
– screenshots from the withdrawal history of the sender’s wallet/platform, as well as links to both transactions in the explorer);
– information for which service you received funds;
– how much the transaction was, as well as the date and time of its execution;
– through which contact person did you communicate with the sender of funds (If possible, provide screenshots of the correspondence with the sender, where we can see the confirmation of sending funds).
6. All information provided by the client may be transferred to the relevant authorities in the following cases:
– at the request of law enforcement agencies;
– by decision of courts of different instances;
— at the request of the administrations of the Payment Systems.
We hope for understanding and cooperation, always your Cashout.biz team.
