AML Policy
1. General principles
The FastEx platform operates in accordance with international protocols on anti-money laundering (AML) and countering the financing of terrorism (CFT). By using the service, you automatically confirm your agreement with these rules and undertake to comply with them.
2. Preventive wallet verification
For the convenience of our users, we have implemented a tool for preliminary address analysis:
https://fastex.biz/en/aml-checker
Why is this necessary: You can find out the risk category of your wallet in advance before creating a transaction.
Verification of results: The verification data can be sent to the operator to confirm the possibility of exchange.
Responsibility: By ignoring the preliminary check, the user assumes the risk of funds being blocked or returned with service fees deducted.
3. Rules for conducting transactions
To ensure the integrity of transactions, the service establishes the following framework:
Intended use: It is recommended to send funds only to your personal details. When sending to third parties, all responsibility for the integrity of the transaction and its consequences lies with the sender.
Accuracy: All information entered (email, contacts) must be current and belong to the user.
Transparency: The use of VPNs, proxies, and other anonymization tools that hide your real IP and geolocation is prohibited.
4. Interaction with government agencies
FastEx reserves the right to provide transaction and user data to third parties in the following cases:
Upon official requests from law enforcement agencies or courts.
At the request of compliance departments of banks and payment systems.
In accordance with applicable law.
5. Risk Assessment (Risk Score)
Each incoming transaction is analyzed by blockchain monitoring. The following risk thresholds have been established:
Acceptable Risk Score values:
Low (Low Risk): 0% – 25%
Medium (Medium risk): 25% – 60%
Unacceptable Risk Score values:
High (High risk): 60% – 100%
Important: The transaction may be suspended if a cumulative risk (more than 5 points) is identified in the following categories: Darknet, Mixer, Fraud, Sanctions, Gambling, Stolen Funds, etc.
In case of high risk, the service may:
1. Freeze the transfer until the circumstances are clarified.
2. Refuse service and initiate a refund.
3. Request voluntary identification (KYC).
Note: Completing the KYC procedure on our service is not mandatory. The KYC procedure is carried out only on an individual basis at the client's initiative or when risk filters are triggered. The processing time for refunds in such cases is 24 to 48 hours.
6. List of sources
We do not accept funds related (directly or indirectly) to platforms with a questionable reputation, including:
Garantex, Commex, Bitpapa, NetEx24, Tornado Cash, Hydra, Lazarus, ChipMixer, Capitalist, Rapira, and similar platforms.
The list may be supplemented by the administration without notice.
7. Refund Policy
If a transaction is rejected due to AML risks and a refund is required (in TRC20, ERC20, BEP20, TON networks):
The user must send 2–3 USDT in the network's native coin (to pay the Gas/Network fee) to the wallet provided by the service.
Refund requests are only accepted from the email address that was specified when the request was created.
Network fees and service operating costs are deducted from the refund amount.
8. Sanctions Restrictions
The use of the Service by persons, organizations, or countries subject to international sanctions, including those listed by OFAC, the EU, the UN, and other regulatory bodies, is prohibited. The Service reserves the right to refuse service to Users from high-risk jurisdictions. The FastEx Service does not provide services to citizens of the following countries: Belarus, Russia, Crimea, Donetsk People's Republic (DPR), Luhansk People's Republic (LPR), USA, Afghanistan, Burundi, Vanuatu, Venezuela, Guyana, Democratic Republic of Congo, Zimbabwe, Iraq, Yemen, Iran, DPRK, Lebanon, Libya, Burma, Syria, Somalia, Sudan, Uganda, Central African Republic, South Sudan, etc.
9. Conclusion
FastEx prohibits the use of the Service for illegal transactions, fraud, or circumvention of sanctions. The Service reserves the right to: refuse service, suspend transactions, and refund funds if AML risks are identified.
Use of the Service implies the User's full agreement with this AML Policy.
Additionally, the use of independent AML analyzers is permitted, the results of which may be accepted by the service when making a decision:
KYC requests are only made when there are reasonable grounds and in the event of transactions involving stolen funds, sanctioned addresses, or terrorist financing. The information may be forwarded to the competent authorities, including: financial intelligence; law enforcement agencies; AML providers; payment systems. In such cases, the service may request the following materials:
• identity document (passport, ID card, or other official document);
• photo of the Customer with the document;
• proof of wallet ownership (screenshots, message signature);
• description of the source of funds;
• proof of the origin of funds;
• proof of transaction (screenshots, txid, transaction history).