ANTI-MONEY LAUNDERING (AML) & KNOW YOUR CUSTOMER (KYC) POLICY

1. Purpose:

This Anti-Money Laundering (AML) and Know Your Customer (KYC) Policy outlines the procedures and measures implemented by ISB Capital to prevent and detect activities related to money laundering, terrorist financing, and other financial crimes. This policy is designed to comply with applicable laws and regulations and to protect the company and its customers from being used for illegal activities.

2. Customer Identification:

2.1 Customer Due Diligence (CDD): ISB Capital will conduct thorough due diligence to verify the identity of all customers. This may include obtaining identification documents, verifying the authenticity of information provided, and conducting ongoing monitoring of customer transactions.

2.2 Enhanced Due Diligence (EDD): Enhanced due diligence will be performed on customers presenting higher risks, such as politically exposed persons (PEPs) and customers from high-risk jurisdictions. Additional verification measures will be applied as necessary.

3. Reporting Suspicious Activities:

3.1 Suspicious Activity Reporting: Employees are required to report any suspicious activities to the designated AML officer. Suspicious transactions will be reported to the relevant authorities as required by law.

3.2 Whistleblowing: ISB Capital has a confidential whistleblower mechanism in place for employees to report any concerns related to AML and KYC compliance.

4. Training and Awareness:

4.1 Employee Training: All employees will receive regular training on AML and KYC procedures and will be aware of their responsibilities in detecting and preventing money laundering activities.

4.2 Customer Awareness: Customers will be informed about the company’s AML and KYC policies and may be required to provide additional information or documentation if deemed necessary.

5. Record Keeping:

5.1 Documentation: ISB Capital will maintain records of customer identification information, transaction data, and other relevant documents in accordance with applicable laws and regulations.

5.2 Retention Period: Records will be retained for a period as mandated by regulatory authorities.

6. Compliance Monitoring:

6.1 Regular Review: The AML & KYC policies and procedures will be regularly reviewed and updated to ensure compliance with applicable laws and regulations.

7. Non-Compliance Penalties: Non-compliance with the AML & KYC,   policy as well as, suspicion of fraudulent or unfair market trading practices, may result in disciplinary action, legal penalties, and termination of business relationships, as applicable. We maintain an internal, rigorous policy, and may conduct investigations according to our internal governing policies. Our investigations are not limited as to the scope, breadth, or time line which may be accepted in other institutions. Investigations may take anywhere between hours, to months, to years. If client is in violation of our policies, and/or refuses to cooperate with all of the demands presented by the company for the sake of the investigation, we reserve the right to: block access to trading, block login access to the account, and may even terminate relationships and seize account assets. Outcomes may or may not be provided to client in written form, and we are not obligated to divulge our policies, processes, and assessments. If a client is in violation of our policies, this may result in (but not limited to) a monetary fine, or other penalty, such as cancelling trades, to the client.

1. Information We Collect:

1.1 Personal Information: We may collect personal information such as your name, email address, phone number, and address when you register for an account or engage in transactions on our platform.

1.2 Financial Information: To facilitate transactions, we may collect financial information such as your bank account details or credit card information.

1.3 Trading Data: We collect trading data, including transaction history, account balances, and other related information necessary for trading activities.

2. How We Use Your Information:

2.1 Transaction Processing: We use your personal and financial information to process transactions and provide you with trading services.

2.2 Account Management: Your information is used for managing your account, providing customer support, and ensuring the security of your account.

2.3 Communication: We may use your contact information to send you updates, newsletters, and promotional materials related to our services. You can opt out of these communications at any time.

3. Information Sharing:

3.1 Third Parties: We do not sell, trade, or rent your personal information to third parties. However, we may share your information with trusted third parties who assist us in operating our website, conducting our business, or servicing you, as long as those parties agree to keep this information confidential.

3.2 Legal Compliance: We may disclose your information when required by law, in response to legal process and law enforcement requests, or as necessary to protect our rights, property, or safety, or the rights, property, or safety of others.

4. Data Security:

4.1 Security Measures: We implement a variety of security measures to maintain the safety of your personal information. Your personal and financial information is stored in secure networks accessible only by a limited number of persons who have special access rights to such systems and are required to keep the information confidential.

4.2 Data Encryption: All sensitive/credit information you supply is encrypted via Secure Socket Layer (SSL) technology.

5. Your Choices:

5.1 Access and Control: You can access and update your personal information at any time by logging into your account.

5.2 Account Deactivation: If you wish to deactivate your account, please contact our customer support.

6. Policy Changes:

6.1 Notification: Any changes to our privacy policy will be posted on this page, and users will be notified of any changes via email.

7. Contact Information:

If you have any questions regarding this privacy policy, you may contact us using the information below:

ISB Capital
[email protected]

These Forex Trading Terms and Conditions (the “Agreement”) govern the use of our Forex trading services (the “Services”) provided by ISB Capital (“we,” “our,” or “us”). By using our Services, you agree to abide by these Terms and Conditions. Please read this Agreement carefully before accessing or using the Services.

1. Account Registration:

You must register for an account to access our Forex trading platform. You agree to provide accurate, current, and complete information during the registration process and to update such information to keep it accurate, current, and complete.

2. Trading Risks:

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could sustain a loss in excess of your deposited funds. You should carefully consider your investment objectives, level of experience, and risk appetite.

3. Trading Activities:

You are solely responsible for your trading decisions and activities conducted through your account. You agree to use our Services for lawful purposes only and in compliance with all applicable laws and regulations.

4. Account Security:

You are responsible for maintaining the confidentiality of your account information, including your username and password. You agree to notify us immediately of any unauthorized use of your account or any other breach of security. However we take no responsibility for transactions executed on your account at any time, and no trades will be cancelled as a result of security or other breach.

5. Fees and Charges:

You agree to pay all fees and charges associated with your use of our Services as specified in our fee schedule, which will be provided upon necessity. We reserve the right to change our fees and charges at any time, with or without notice. We reserve the right to fine or to tack on fees to client, at our sole discretion. All fees must be settled prior to any withdrawal. Fees may not be paid from account funds. After 2 weeks of inactivity for any reason, the account will be considered dormant and will be subsequently charged 33% per 2 weeks or part thereof.

General fees may include, but are not limited to: server charges, service charges, taxes, legal fees, commissions, fines, transfer fees, bank fees, ,transaction fees, registration fees, verification fees, reservation for withdrawal fees, investigation fees, inquiry fees, as well as, other fees which may not be mentioned in this list.

6. Termination:

We may terminate or suspend your account and access to the Services at our sole discretion, without prior notice, for any reason, including without limitation, breach of this Agreement.

7. Limitation of Liability:

We shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, goodwill, or other intangible losses resulting from (i) your use or inability to use the Services; (ii) any unauthorized access to or use of our servers and/or any personal information stored therein.

8. Withdrawal

Minimum Trading Volume Restriction:the withdrawal of the funds from account  shall be subject to the minimum trading volume of 1 lot per dollar deposited. On all assets, except currencies, a volume of 1000.00 equals 1 lot  for the purpose of withdrawal eligibility, for currencies the volume of 10.00 equals 1 lot for the purpose of withdrawal.

Withdrawals will be executed in the currency of our choice, and the process will only be according to our internal policies and procedures.

Governing Law:

This Agreement shall be governed by and construed in accordance with the laws of our domestic jurisdiction, without regard to its conflict of law principles.

9. Changes to Terms:

We reserve the right, at our sole discretion, to modify or replace these Terms and Conditions at any time. Your continued use of the Services after any such changes constitutes your acceptance of the new Terms and Conditions.

By using our Services, you acknowledge that you have read, understood, and agree to be bound by these Forex Trading Terms and Conditions.

ISB Capital

[email protected]