This KYC policy applies to all new and existing customer relationships and to all products and services offered by International Marketing Community INC. KYC is an ongoing, risk-based process aimed at collecting the necessary information about our customers, their business, and financial activities in order to:
When establishing a relationship with a client, we will be able to confirm the identity of a person or the existence of a legal entity within a reasonable time frame using identification methods. When a product or service is created, inquiries will be made to determine if it will be used by a third party or for the benefit of a third party. Where required, the details of third parties and their relationship with the customer will be obtained prior to the establishment of such a relationship.
We will take reasonable and appropriate steps to verify key information provided by prospective clients from reliable independent sources. We will undertake additional verification of activities for relationships that represent a higher level of risk. We will refuse to enter into or continue a relationship or deal with any person or entity that insists on anonymity or provides false, inconsistent or conflicting information, and where inconsistency or conflict cannot be resolved after reasonable investigation.
We will monitor customer activity to identify and report transactions that may indicate illegal or unlawful activity. We will keep accurate and complete information about clients, their business and update it when necessary to fulfill the purposes for which it was collected. When changes in client behavior become apparent, we will take steps to identify the main reasons for this.