Glimpse of our AML policy
Almana Exchange at every time is committed in working closely with ‘Qatar Central Bank’ and other major international organizations to fight money laundering, terrorist financing and other suspicious funding activities. Accordingly, we have taken the necessary procedural and control measures to provide our support in the fight against money laundering and the financing of terrorism.
Almana Exchange is also committed to continually fulfill its Anti-Money Laundering obligations to its foreign correspondent banks who may from time to time require due diligence information on transactions covered under the guidelines and recommendations of the FATF
Almana Exchange has a written AML compliance program which is designed to ensure proper record keeping, reporting of suspicious transactions as well as preventing our business from being used to launder money. We are periodically audited by renowned and esteemed auditors for AML compliance.
It is within our compliance framework that we ensure all our employees are trained to effectively monitor and report on situations regarding potential AML and suspicious funding transactions.
It is through the implementation of such self-regulatory practices and Know-Your-Customer (KYC) procedures that we, at Almana Exchange, continue to maintain our integrity and credibility in protecting the interests of our customers.