Acceptance of the Terms of use - bitrueque.com.
By using the bitrueque.com website ("Site"), by registering for an Account at https://bitrueque.com ("Account") or by using any other bitrueque.com Service, you ("you, his or you yourself ") agree to accept and comply with the terms and conditions. Terms of use indicated below ("Terms of use"). You should read all of the Terms of Use carefully before using this Site or any of the Bitrueque.com Services.
As used in these Terms of Use, "bitrueque.com", with its registered address at Harju maakond, Tallinn, Kesklinna linnaosa, Pärnu mnt 159/2, 11317 in Estonia.
References to bitrueque.com are also references to its owners, directors, investors, employees.
bitrueque.com is a company with an office in Estonia. Depending on the context, "bitrueque.com" may also refer to the services, products, website, content or other materials (collectively "bitrueque.com Services").
bitrueque.com allows buyers ("Buyers") and sellers ("Sellers") to use its Service capabilities to buy and sell Cryptocurrencies.
Make secured cryptocurrency exchanges on bitrueque.com with fiat money via bank transfer.
The Buyer enters in the platform's purchase form the amount of cryptocurrencies he wishes to acquire, his public wallet address to receive the cryptocurrencies, the platform will automatically show the required amount in US Dollars.
Then, the member will go to the next page with the bank details of bitrueque.com, to which they must make a bank transfer in immediate accreditation mode using their personal account, with a time limit of 20 minutes to upload the payment receipt file and mark paid, if you cannot complete the payment in this period of time, the window closes and you will have to perform the aforementioned steps again .
In the event that the funds are not immediately credited to the bitrueque.com bank account, the order will become pending, as soon as the funds arrive, you will be notified by email or SMS and you must place the order again at the current price of the cryptocurrency and the funds will be sent to the data supplied by the client, no refunds are made for any reason, due to the high volatility of cryptocurrencies.
Once the payment process is complete, and after the money has reached the bitrueque.com bank account , the user will receive a cryptocurrency transfer in their wallet.
bitrueque.com is not responsible if the destination address indicated by the Member in the purchase form is incorrect or if the Member cannot manage the private key that authorizes to operate with the acquired cryptocurrencies.
Purchases are made by bank transfer. The Buyer must send the payment receipt to bitrueque.com. The conversion price will be set at the time of the opening order and does not change during the 20 minutes of the payment window, in case of sending after the closing, reopen another order with the same amount and upload the payment receipt shortly You will receive your cryptocurrencies in the wallet that you provided us.
Bank transfers must match the Registered Member and the data previously provided. Otherwise, additional information may be required, including the return of the payment, the costs arising from them being borne by the client plus a fine of fifteen dollars ($ 55) and the return of the funds to the originating account.
Insured exchanges for fiat money by bank transfer
The Seller enters in the sale form the desired amount of cryptocurrency to sell and the platform automatically shows the amount of US dollars that will be received or the client can enter in the form the desired amount of US dollars that will be received, then the platform will show automatically the required amount of cryptocurrencies. All cryptocurrency transfers from the member to the bitrueque.com platform can be verified on the search engine blockchair.com. If the cryptocurrencies take more than 30 minutes to arrive, the order will be rejected and you will have to reissue the same order again to receive your expected US dollars, no refunds are made for any reason, due to the high volatility of cryptocurrencies, once arrival of cryptocurrencies before 30 min the order will go to pending status, bitrueque.com has a period of 24 to 48 hours business days to send the corresponding bank transfer of the client, bitrueque.com ensures that your money arrives safely through a insured exchange, bitrueque.com is not responsible for delays, blockages, delays due to traditional banking, if at any time something happens with a fund sent by us, do not hesitate to contact our technical support center where They will put to order to resolve any mishap happened.
The Seller will receive the payment by bank transfer in US dollars, under the terms specified below. The seller must provide the details of his bank account in which he wishes to receive fiduciary money in US dollars and verify the validation before giving the order to send US dollars to his bank account.
It is your responsibility to follow the rules and regulations applicable in your country of residence and / or country from which you access this Site and Services. Provided that you accept and comply with these Terms of Use, bitrueque.com grants you the personal, non-exclusive, non-transferable, non-sublicensable and limited right to enter and use the Site and the Service.
IF YOU DO NOT AGREE TO THE TERMS AND CONDITIONS OF USE WRITTEN IN THIS AGREEMENT, DO NOT ACCESS THIS SITE AND DO NOT USE THIS SERVICE.
By registering an account, you expressly express and warrant:
That you have accepted these Terms of Use, that you are at least 18 years old and have the full ability to accept these Terms of Use and carry out a transaction involving cryptocurrencies.
RISKS
Trading in goods and products, real or virtual, as well as virtual currencies involves significant risk. Prices can fluctuate on any given day. Such price fluctuations can increase or decrease the value of your assets at any given time. Any currency, virtual or not, can be subject to large changes in value and can even become useless. There is an inherent risk that losses will occur as a result of buying, selling or trading anything in a market.
Cryptocurrency trading also has special risks that are generally not shared with official currencies, goods, or commodities in a market. Unlike most currencies backed by governments, other legal entities, or commodities like gold or silver, cryptocurrencies are a unique type of "fiat" currency, backed by technology and trust. There is no central bank that can issue more currencies or take corrective action to protect the value of cryptocurrencies in a crisis.
Instead, cryptocurrencies are a still autonomous and largely unregulated global system of currency companies and individuals. Merchants rely on a digital, decentralized, and partially anonymous system that relies on peer-to-peer networks and cryptography to maintain their integrity.
Cryptocurrency trading is often susceptible to irrational, rational bubbles, or loss of confidence, which could collapse demand relative to supply. For example, trust could collapse in cryptocurrencies due to unexpected changes imposed by software developers or others, a government crackdown, the creation of superior competitive altcoins, or a deflationary or inflationary spiral. Trust could also collapse due to technical issues: if the anonymity of the system is compromised, if money is lost or stolen, or if hackers or governments can prevent transactions from being settled.
There may be additional risks that we have not anticipated or identified in our Terms of Use. You need to carefully assess whether your financial situation and risk tolerance are suitable for buying, selling or trading Bitcoins.
We use our bank providers to receive funds from clients and make payments. Our banking providers DO NOT transfer, exchange or provide any services related to cryptocurrencies.
LIMITED RIGHT OF USE
Unless otherwise specified, all Materials on this site are the property of bitrueque.com and are protected by copyright, trademark, and other applicable laws. You may view, print, or download a copy of the Materials at this Site on any computer for your personal, informational, or non-commercial use, provided that you comply with all copyright and other proprietary notices.
Bitrueque.com and other trademarks, service marks and logos used on this Site ("Trademarks") are the property of the company and their respective owners. The software, text, images, graphics, data, prices, operations, charts, graphs, video and audio used on this site belong to bitrueque.com. Trademarks and materials must not be copied, reproduced, modified, published, uploaded, posted, transmitted, scraped, collected, or distributed in any form or by any means, whether manual or automatic. The use of such Materials on any other Site or networked computing environment for any other purpose is strictly prohibited; Any such unauthorized use may violate copyright, trademark, and other applicable laws, and could result in criminal or civil penalties.
Maintaining your account
This site is for your personal and non-commercial use only. We are vigilant to maintain the security of our Site and Service. By registering with us, you agree to provide bitrueque.com with current, accurate, and complete information about yourself, as prompted by the registration process, and to keep such information up-to-date. Furthermore, you agree that you will not use any Account other than your own, nor will you access the Account of any other Member at any time, nor will you help others to gain unauthorized access.
The creation or use of Accounts without obtaining the express prior permission of bitrueque.com will result in the immediate suspension of said Accounts, as well as of all pending purchase / sale orders. Any attempt to do so or to assist others (Members or otherwise), or the distribution of instructions, software or tools for that purpose, will result in the termination of the Accounts of such Members. Termination is not the exclusive remedy for such violation, and bitrueque.com may choose to take further action against you.
You are also responsible for maintaining the confidentiality of your Account information, including your password, and for protecting your own Cryptocurrencies and all activity, including Transactions that are posted to your Account. Any action on the Site, transactions, orders and operations initiated from your Account or using your password (1) will be considered carried out by you, and (2) is irrevocable once validated using your password or carried out through your Account. If there is suspicious activity related to your Account, we may, but are not required to, request additional information from you, including authentication documents, and freeze any transactions pending our review. You are required to comply with these security requests or agree to the termination of your [email protected]. The account of any member who violates these rules may be terminated and the member will be liable for losses suffered by bitrueque.com or any user of the site.
Finally, you agree that you will not use the Service to engage in criminal activity of any kind, including but not limited to money laundering, illegal gambling operations, terrorist financing, malicious hacking, or any criminal or illegal activity.
Commercial Client
The minimum trade allowed is $ 20,000 for cryptocurrency sales.
The minimum allowed trade is $ 50,000 for cryptocurrency purchases.
The maximum trade allowed for sales and purchases is $ 10,000,000.
ACCOUNT VERIFICATION
The creation and use of your account are subject to verification, as required by legal and regulatory obligations in force at bitrueque.com. You agree to provide us with the information we request for the purposes of identity verification, meeting the rules of knowing your customers, as well as the detection of money laundering, terrorist financing, fraud or any other financial crime. The information requested may include personal data (see our Privacy Policy) By providing us with the information we request, you confirm that it is true and accurate, and agree to inform us of changes related to such information. Your account will be blocked until we are satisfied with the information you have provided and determine, in our sole discretion, that it is sufficient to validate your account. In the meantime, you will not be allowed to cancel your Account or request the deletion of Personal Data processed in the course of verification operations.
Termination
You may terminate this agreement with bitrueque.com and close your Account at any time, following the settlement of any pending orders.
You also agree that by notice, in your sole discretion, terminate your access to the Site and your Account, including, but not limited to, your right to: limit, suspend or terminate the service and Members' Accounts; prohibit access to the Site and its content, services and tools; delay or remove hosted content; and take technical and legal measures to keep Members off the Site if we suspect that they are creating problems or potential legal liabilities, infringing the intellectual property rights of third parties, or acting inconsistently with the letter or spirit of these Terms of Use. In addition, we may, in appropriate circumstances and at our discretion, suspend or terminate Member Accounts for any reason, including but not limited to.
We expressly reserve the right to cancel and / or terminate Accounts that have not been verified by the Member despite good faith efforts by bitrueque.com to contact them for such verification ("Unverified Accounts").
SERVICE AVAILABILITY
All services are provided without warranty of any kind, either express or implied, and in particular without implied warranties of merchantability and fitness for a particular purpose. We do not guarantee that this site will be available 100% of the time to meet your needs. We will endeavor to provide the Service to you as soon as possible, but there are no guarantees that access will not be interrupted or that there will be no delays, failures, errors, omissions, or loss of transmitted information.
We will use reasonable efforts to ensure that you can access the Site in accordance with these Terms of Use. However, we may suspend use of the Site for maintenance and we will use reasonable efforts to notify. You acknowledge that this may not be possible in an emergency and accept the risks associated with the fact that you may not always be able to use the Site or conduct urgent transactions with your Account.
EXTERNAL WEBSITES
bitrueque.com is not responsible for any external or third-party website that you may access through the Site. Occasionally, the bitrueque.com website may provide references or links to other websites ("External Websites"). We do not control these external websites or third party sites or any of the content contained on them. You agree that we are in no way responsible for external Websites referenced or linked from the bitrueque.com website , including but not limited to website content, policies, glitches, promotions, products, opinions , tips, statements, prices, activities and announcements, services or actions, and / or damages, losses, failures or problems caused, related or derived from those sites. You must assume all risks associated with the use of such content.
External websites have separate and independent terms of use and related policies. We ask that you review the policies, rules, terms, and regulations of each site you visit. It is up to you to take precautions to ensure that whatever you select for your use is free of items such as viruses, worms, Trojan horses, and other items of a destructive nature.
FINANCIAL ADVICE
For the avoidance of doubt, we do not provide any investment advice in relation to the Services described in these Terms of Use. We can provide information on the price, range and volatility of the cryptocurrencies that are available on our platform and the events that have affected the price of said cryptocurrencies, but this should not be considered investment advice nor should it be construed as such. Any decision to buy or sell Bitcoins is solely your decision and we will not be liable for any losses incurred.
FINANCIAL REGULATION
The business model and the Service of bitrueque.com is to facilitate the assured barter (exchange) of cryptocurrencies. This specific service is currently regulated by Estonian law.
Unencrypted email messages sent over the Internet are not secure and bitrueque.com cannot be held responsible for damage caused by sending email messages in this way. We suggest sending emails in encrypted formats; You can send us PGP-encrypted emails. Instructions and keys to do so are available upon request.
If you send us unencrypted or insecure email or other communications, we may respond using the same channels and you accept the risks associated with them.
DATA PROTECTION
Privacy is very important for us. Full details of our Privacy Policy can be found at [Privacy Policy]. We recommend that you read the Privacy Policy carefully, so that you are aware of the data we collect, how we use it and with whom we share it.
Disclosures to legal authorities and authorized financial institutions
We may share your Personal Data with law enforcement, data protection authorities, government officials and other authorities when:
● Required by law, required by subpoena, court order, or other legal procedure.
● We believe that disclosure is necessary to avoid financial damage or loss.
● Disclosure is necessary to report suspected illegal activity.
● Disclosure is necessary to investigate violations of our Terms of Use or Privacy Policy.
● For more information on how we process your Personal Data, please see the Privacy Policy.
JURISDICTION
The Terms of Use shall be governed by and construed in accordance with the laws of Estonia. The parties agree to irrevocably submit to the exclusive jurisdiction of the Estonian courts.
Limitation of liability
To the extent permitted by law, bitrueque.com will not be liable for any damages, loss of profits, loss of income, loss of business, loss of opportunities, loss of data, indirect or consequential loss, unless the loss suffered by willful negligence or deception or fraud. Nothing in these Terms of Use excludes or limits the liability of either party for fraud, death or personal injury caused by their negligence, breach of terms implied by law, or any other liability that cannot be limited or excluded by law. . Although bitrueque.com strives to provide accurate and timely information on the Site, the Site may not always be entirely accurate, complete, or current and may include errors. We may change or update the Site at any time without prior notice, and as a result, you should verify all information with independent sources before relying on it to make decisions or actions. You remain fully responsible for your decisions and actions.
To the extent permitted by applicable law, you agree to indemnify bitrueque.com and its partners against any action, liability, cost, claim, loss, damage, procedure or expense suffered or incurred if it arises directly or indirectly from the use of the Bitrueque.com sites . Your use of the Service or your violation of these Terms of Use.
DIVERSE
If we are unable to perform the Services described in the Terms of Use due to factors beyond our control, including but not limited to a force majeure event, change in law, or change in sanctions policy, we will not be liable for the Services provided under this agreement during the period of time coinciding with the event.
Modification of Terms
bitrueque.com reserves the right to change, add or remove portions of these Terms of Use at any time and at its sole discretion. You will be notified of any changes in advance through your Account. Upon such notification, it is your responsibility to review the modified Terms of Use. Your continued use of the Site after the posting of a notice of changes to the Terms of Use means that you accept and agree to the changes, and that all subsequent transactions you make will be subject to the modified Terms of Use.
Definitions:
● Bill. The contractual agreement in which a Member of bitrueque.com has accepted our Terms of Use and Privacy Policy, and received approval to use the Services of bitrueque.com, including the purchase and sale of Cryptocurrencies, and to carry out associated Transactions.
● Bitcoins The peer-to-peer internet currency described at http://bitcoin.org.
● Buyer (s). Members submitting an order to buy Bitcoins through the Service.
● Seller (s). Members submitting an order to sell Bitcoins through the Service.
● Commission. Refers to the fee payable to bitrueque.com on each transaction, such as a purchase transaction or a sale transaction.
● Members) . Refers to buyers and sellers, as well as any account holder.
● Personal information . Information that identifies an individual, such as name, address, email address, business information, and bank details. "Personal Data" does not include anonymous and / or aggregated data that does not identify a specific user.
● Price. The "price per coin" that bitrueque.com offer and the member agree to buy or sell Bitcoins, using the Service in a Bitcoin purchase Transaction. The price can only be expressed in euros paid by members to the bitrueque.com bank account .
● Services). The technology platform, functional rules, and managed marketplace allow sellers and buyers to buy and sell Bitcoins.
Transaction. Includes the following:
⦁ Purchase transaction. The agreement between the Buyer and bitrueque.com to exchange fiat currency through the Cryptocurrency Service at a proportionate rate.
⦁ Sales transaction. The agreement between the Seller and bitrueque.com to exchange Cryptocurrencies through the Service for fiat currency at a proportionate rate.
● Transaction price. The total price and the additional fee paid by the Buyer or the Seller for each Transaction made through the Service. The current price of the bitrueque.com service and the additional fee for each transaction referral here.
AML POLICY
This is the anti-money laundering and terrorist financing policy (referred to as the AML / CTF Policy) of bitrueque.com, which operates the website https://bitrueque.com
bitrueque.com is a privately owned website registered address: Harju maakond, Tallinn, Kesklinna linnaosa, Pärnu mnt 159/2, 11317 in Estonia, hereinafter referred to as "bitrueque.com", "We", "Our", " Company "and" We "and includes their owners, directors, investors, employees or other related parties. The terms "User", "You" and "Your" refer to a User of the online platform https://bitrueque.com.
In order to maintain an uncompromising and reputable provision of services, bitrueque.com must follow strict rules on money laundering and anti-terrorist financing, governed by local and international laws and regulations. bitrueque.com thus implements the current policy in accordance with:
● DIRECTIVE (EU) 2018/843 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of May 30, 2018 amending Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing , and amend Directives 2009/138 / EC and 2013/36 / EU;
● The Estonian Money Laundering and Terrorism Financing Law and other legal guidelines given by the Estonian Minister of Finance.
● Any other applicable law in force in any territory that bitrueque.com may be operating.
bitrueque.com is always configured to follow the strictest rules and industry standards in any country in which it may have operations with the intention of preventing any type of illegal and criminal activities and any possible involvement of bitrueque.com in such.
The policy against money laundering and financing against terrorism, which is part of the Terms and Conditions of bitrueque.com, requires mandatory compliance by the User. Users are required to read, review, understand and then accept the terms hereinafter before using or taking advantage of any of the bitrueque.com Services.
Terms not defined in this document will have the same interpretation as in the Terms and Conditions and, in the absence thereof, for general use and understanding.
Definitions
"Applicable Laws" means the law currently in force within the territory of any country in which bitrueque.com may be operating.
"Beneficial Owner" means:
● The natural person who owns a direct or indirect ownership of more than 25% (twenty-five percent) of the shares of a legal entity, where indirectly it means that the natural person has the property of another legal entity that owns totally or partially an entity subject to check.
● The natural person is entitled to more than 25% (twenty-five percent) of the earnings.
● The natural person has the power, directly or indirectly, to appoint or elect more than half of the members of the administrative or supervisory body and is also a shareholder.
● The natural person owns more than 50% of the voting rights in the legal entity;
● The natural person has the right to influence the legal entity as a result of an agreement or the bylaws of the entity.
"Identification document (s)" refers to:
● National identification cards and passports and any other identification document issued by the government;
● Documents that identify the registered address of a natural or legal person, such as, among others, a bank statement and a utility bill; or
● Any other document that may be notified by bitrueque.com from time to time.
"Politically exposed person" refers to any natural person who is himself or herself or is a family member or close associate of a natural person who is:
● Head of State, Head of Government, Minister and Vice Minister or Assistant Minister;
● Member of parliament or similar legislative bodies;
● Member of the governing bodies of political parties;
● Member of the supreme courts, of the constitutional courts or of other high-level judicial bodies, whose decisions are not subject to a new appeal, except in exceptional circumstances;
● Member of the courts of accounts or of the boards of directors of the central banks;
● Ambassador, Charge d'Affaires and Senior Officer in the Armed Forces.
● Member of the administrative, management or supervisory bodies of state-owned companies.
● Director, deputy director or member of the board or equivalent function of an international organization.
"Sanction lists" refer to lists of individuals, legal entities, and entire countries that are involved, or are suspected of being involved, in illegal and criminal activities. Said lists are, for example, provided by OFAC, UE, ONU, HMT.
"Suspicious transactions" refers to the following activities, whether attempted or executed:
● Terrorism Financing - Transactions that, to a person acting in good faith, appear to be funds raised to be used, in whole or in part, by any terrorist or related organization, or to carry out any of the terrorist-related activities or terrorist acts.
● Unusually complex: transactions that appear to a person acting in good faith to have been structured in an unusual or unjustified way.
● Purpose of Malafí De: transactions that for a person acting in good faith appear not to have been carried out for purposes of good faith or do not have a solid economic foundation.
● Money Laundering - Transactions that, to a person acting in good faith, appear to "clean up" criminal proceeds to hide their illegal origins. Such profits are generally associated with the types of organized crime that generate huge cash profits, such as drug, gun and human trafficking, as well as fraud.
Money Laundering Reporting Officer
bitrueque.com appoints and duly authorizes the Money Laundering Reporting Officer (MLRO) to oversee the compliance of bitrueque.com's systems and controls with the current AML / CTF Policy, relevant legislation, regulations, standards and industry guidance. The MLRO has a sufficient level of seniority and independence.
The Officer has the right to interact with law enforcement authorities, which are involved in the prevention of money laundering, terrorist financing, and other illegal activities.
User verification
The industry standard for combating money laundering, terrorist financing, and any other financial criminal activity is customer due diligence (CDD). bitrueque.com implements CDD in the way of requiring any natural person, who wishes to carry out fiat money transactions on the bitrueque.com platform, and any company / organization that verifies, respectively, their identity and the identity of the beneficial owners of your company.
Following the established Know-Your-Customer (KYC) rules, regulations and procedures, we request user-supplied information and identification documentation. For the purposes of verifying the identity of any User, bitrueque.com may rely on appropriate and licensed third-party service providers to authenticate Identification Documents and other incidental details provided by the User.
Each customer, who has passed the verification procedure, can carry out fiat money transactions on the bitrueque.com platform only on the premise that they use bank cards and bank or electronic money service accounts in their own name.
Identification of natural persons
Each natural person who wishes to transact with fiat money on the bitrueque.com platform is required to identify himself by providing:
● Full name.
● Date of birth.
● Phone number.
● Residence address.
● Government-issued identification document, such as identification card and international passport, bearing a photograph, date of birth, and personal identification number issued by your government.
● Proof of residence of the resident, such as utility bill or bank statement that is no more than 3 months old.
● A recent photograph of themselves with their photo identification document and their application.
For natural persons with nationality or residence in a high-risk third country or, if deemed appropriate, bitrueque.com could also:
● Request information about the source of funds and the source of wealth of the User;
● Request information on the reasons for the transactions planned or carried out;
● Carry out improved monitoring of the business relationship by increasing the number and timing of controls applied, and selecting transaction patterns that require further examination.
Identification of legal persons and final beneficial owners
General identity information
Each legal entity must go through a verification process before starting to use bitrueque.com services, regardless of whether or not it will transact with fiat money. Must provide:
● Name
● Number registered in any national registry
● Legal form in accordance with the law of the place of registration
● Address of corporate headquarters and management address
● Certificate of incorporation
● Articles / Memorandum of Incorporation
● Bank statement no earlier than 3 months indicating the address of the company.
Additional verification measures
With respect to business account holders, we also apply the following enhanced customer due diligence measures:
● Obtain additional information about the User, the beneficiary owner (s) and any other person who may have access to the corporate account at bitrueque.com, such as data on Politically Exposed Persons.
● Obtain additional information on the intended nature of the business relationship;
● Obtain information on the source of funds and the source of wealth of the client and the beneficial owner (s).
● Obtain information about the reasons for the transactions planned or carried out;
● Obtain approval from senior management to establish or continue the business relationship.
● Carry out improved monitoring of the business relationship by increasing the number and timing of controls applied, and selecting transaction patterns that require further examination.
People with access to the corporate account at bitrueque.com
bitrueque.com also requires a letter signed by the board of directors, CEO, managing director, or significant control owner stating who has the authority to trade on behalf of the company, including:
● The full name of each merchant.
● Role in the company.
● Email.
● Physical address.
● Nationality.
● Any personal bitrueque.com account they may have.
● A scanned copy of your government issued ID card or passport.
Final beneficial owners
While we at bitrueque.com are against blanket denials, it is extremely important to find out who has ultimate effective control over the legal entity with which we are related. As a result, we require information provided by the user on all Beneficiary owners about their:
● Full name.
● Nationality (s) maintained.
● Identification document with photo.
● Proof of address.
Taking the risk-based approach, we are especially diligent and may therefore employ additional measures, such as the use of third-party detection providers in case of:
● Organizational structure with multiple levels of ownership;
● Organizational structure in various jurisdictions; and
● Lack of supporting documentation to prove ownership.
In the event that the legal entity is owned by another, bitrueque.com also requires:
● Name;
● Number registered in any national registry;
● Legal form in accordance with the law of the place of registration
● Address of corporate headquarters and management address;
● The required details of the UBOs as indicated above, in relation to corporate "representatives".
Sanctions list review
Bitrueque.com is prohibited from transacting with individuals, companies and countries that are on prescribed sanctions lists and therefore protects its users against the United Nations, the European Union, the UK Treasury and the Office of Control of Foreign Assets of the United States (OFAC) and other sanctions lists.
Examination of politically exposed persons
To identify politically exposed persons among its Users, bitrueque.com not only relies on statements provided by the user, but also examines all individual account holders, all UBOs of corporate account holders, as well as any person who has access to a corporate account against several national users. and international lists of PEPs.
Restrictions and denial of service
Based on the information provided, bitrueque.com reserves the right to determine, in its sole discretion, the appropriate level of verification for any user, as well as the right to downgrade or ban users without prior notice. If bitrueque.com discovers that any User information, obtained in accordance with the described procedure, is inappropriate, insufficient or included in the Sanctions Lists, the Company may, at its discretion, reject or cancel (as the case may be) the registration of said user account or require the verification of said user identification documents again.
In the event that bitrueque.com is pointed out that a particular user or account is maintained under a fictitious name, bitrueque.com has the full right and authority to cancel and close said account with immediate effect and without prior notice to the Username .
bitrueque.com also reserves the right to continuously verify the identity of the user, especially in cases of unusual and suspicious activity or if bitrueque.com doubts the suitability or veracity of the previously obtained customer identification data. bitrueque.com has more right to request updated documents from users, even though they have already passed identity verification in the past.
bitrueque.com may also implement policies that restrict verification levels by nationality, country of residence, or any other factor. This may affect the user's ability to deposit / withdraw funds based on their verification level and bitrueque.com is not responsible for possible losses.
bitrueque.com reserves the right to cancel the User Account, restrict and / or prevent access to its online platform, or inform the competent authorities of the activities of any User if there are suspicions of illegal activity.
Once the identity of the User has been verified, bitrueque.com may withdraw from possible legal liability in a situation where its Services are used for illegal activities.
Confidential personal information
Sensitive personal information is collected, shared and stored securely in accordance with the Bitrueque.com Privacy Policy.
Monitoring, analysis and reports of user activity.
In addition to verifying the identity of the user, bitrueque.com also reserves the right to monitor and analyze their activity as part of the AML / CTF toolkit. bitrueque.com performs a variety of compliance-related tasks, including data capture, filtering, record keeping, investigation management, and reporting. System functionalities include, but are not limited to:
● Transaction monitoring both by artificial intelligence (using predictive algorithms, statistical analysis, classification and scoring, etc.) and by human intervention, which appear to be:
● Unusually and unnecessarily complex.
● Unusually large.
● Driven in an unusual pattern.
● Lacking an apparent economic or legal purpose.
● Daily verification of users against recognized "blacklists" (eg OFAC), as described above.
● Placing users on denial of service and surveillance lists.
● Opening of cases for investigation where necessary.
● Request additional information, when deemed appropriate.
● Sending of internal communications.
● Complete legal reports, if applicable.
● Case and document management.
bitrueque.com monitors all transactions on a daily basis and reserves the right to report any suspicious transactions to the appropriate law enforcement agencies through the MLRO, to request additional information and documentation in the event of suspected illegal activities, as well as to suspend or terminate the provision of services to suspicious Users. The list is not exhaustive and bitrueque.com will take the necessary measures to avoid cases of money laundering, terrorist financing or any other criminal activity.
Risk-based approach
bitrueque.com is dedicated to following the highest industry standards and therefore takes a risk-based approach to committing your resources in the most efficient manner; which means that the greatest risks will receive the most attention. As a result, bitrueque.com also reserves the right to classify its Users in different risk profiles based on the following factors (including, but not limited to):
● Sufficiency and adequacy of identification information.
● Nature of the commercial / vocational activities of the User.
● Guidance notes distributed by various governmental and intergovernmental organizations.
Business relationships with corporate account holders, who have a complex ownership structure, which prevents the identification of beneficial owners, and individuals with nationality or residence in high-risk third countries are, for example, a priority for the compliance office of bitrueque.com.
bitrueque.com keeps the risk categorization confidential and may change the categorization of any User at any time given various factors. While Users do not have the right in any way to request disclosure, bitrueque.com may disclose User's risk categorization data to the competent compliance authority if it finds that a particular User has executed or is likely to execute a Transaction. suspicious.
Modifications
This AML / CTF policy may be reviewed and revised periodically. The revised draft will be uploaded to https://bitrueque.com and will reflect the modification date of the terms. The User is required to periodically visit the website and review the terms and any changes to it. The continued use by the User constitutes an agreement with any modification of the policy.
Contact
If you have any questions about these Terms of Use, your rights and obligations arising from these Site Terms of Use, our anti-money laundering policy, anti-terrorist financing, and the Service. Contact us by email: [email protected].