AML & KYB/KYC Policy – Business Accounts

1. Introduction

Airpero LTD ("Airpero", "we", "our", or "us") is committed to preventing money laundering, terrorist financing, fraud, sanctions violations, and other forms of financial crime through its business products and services.

This AML & KYB/KYC Policy – Business Accounts explains how we identify and verify businesses and their authorized representatives, monitor transactions, and comply with applicable anti-money laundering, counter-terrorist financing, sanctions, and financial crime prevention laws.

2. Purpose

The purpose of this Policy is to verify the identity and legitimacy of the businesses we serve, prevent fraud and financial crime, detect suspicious transactions, comply with applicable AML, CTF, and sanctions regulations, and meet the compliance requirements of our licensed banking and payment partners.

3. Business Identification (KYB)

Before providing certain services, Airpero requires businesses to complete Know Your Business (KYB) verification, which may include:

• Certificate of incorporation or equivalent registration documents.
• Business ownership and corporate structure information.
• Identification of directors, beneficial owners, and authorized signatories.
• Proof of business address.
• Business licenses, where applicable.
• Nature and description of business activity.
• Source of funds and business income documentation.

4. Customer Identification (KYC)

Airpero also verifies the identity of individuals associated with the Business, including directors, beneficial owners (typically those holding a significant ownership interest), and authorized signatories, through government-issued identification, proof of address, and biometric or selfie verification where required.

5. Ongoing Due Diligence

Airpero performs ongoing due diligence throughout the business relationship and may periodically request updated business documentation, ownership information, or evidence of continued business activity.

6. Transaction Monitoring

Airpero continuously monitors business transactions to identify unusual or suspicious activity, including transaction size and frequency, geographic risk, velocity of transfers, high-risk payment recipients, and activity inconsistent with the Business's disclosed activity profile.

7. Sanctions Screening

Airpero screens businesses, beneficial owners, authorized representatives, and transactions against applicable sanctions lists and restricted party databases. Where a match or unacceptable compliance risk is identified, Airpero may decline transactions, restrict account access, or terminate services.

8. Politically Exposed Persons (PEPs)

Where a director, beneficial owner, or authorized representative of the Business is identified as a Politically Exposed Person (PEP), their family member, or close associate, additional due diligence measures may be applied.

9. Source of Funds and Business Income

For certain transactions or higher-risk business activities, Airpero may request evidence of the origin of business funds, such as invoices, contracts, bank statements, financial statements, or other documentation demonstrating the lawful origin of funds.

10. Suspicious Activity

Airpero investigates activity that appears suspicious or inconsistent with this Policy, including unusual transaction volumes, rapid movement of funds, use of false or misleading business information, or transactions involving high-risk jurisdictions. Where required by law, Airpero may report suspicious activity to the appropriate authorities.

11. Prohibited Activities

Businesses must not use Airpero for money laundering, terrorist financing, fraud, sanctions evasion, tax evasion, bribery or corruption, or any activity prohibited by our Business Acceptable Use Policy or applicable law.

12. Record Retention

Airpero retains business identification records, transaction information, and compliance documentation for the period required by applicable law and regulatory obligations.

13. Business Responsibilities

The Business agrees to provide accurate and truthful information, keep business and ownership information up to date, cooperate with verification requests, and promptly notify Airpero of any change in ownership, directors, or authorized representatives.

14. Enforcement

Where permitted by law, Airpero may request additional documentation, delay or decline transactions, restrict services, suspend or close the Business Account, and report suspicious activity to relevant authorities.

15. Changes to This Policy

Airpero may update this Policy from time to time to reflect changes in applicable laws, regulatory guidance, or risk management procedures. The latest version will always be available on our website.

16. Contact Us

If you have questions about this Policy, please contact:

Airpero LTD

Email: support@airpero.com

Website: https://www.airpero.com

Regulatory Notice

Airpero LTD is a financial technology company and is not a bank. Banking, payment, card issuing, foreign exchange, money transfer, and related financial services are provided through licensed financial institutions and regulated payment partners in the jurisdictions where such services are offered.