We work for this country to combat money laundering and terrorist financing
Based on Alameri Exchange Company's commitment to the safety of the company's financial transactions and in accordance with the Executive Regulations of Law No. (1) of 2010 regarding combating money laundering and terrorist financing, Alameri Exchange Company has taken the following measures:
Establishing a specialized compliance and regulation unit
Appointing compliance unit officer and deputy
Setting company laws and restrictions to combat money laundering and terrorist financing
Making internal arrangements and regulations to ensure safer financial operations
Creating liaison officers with the company's compliance unit in all branches
The Compliance and Regulation Unit at Alameri Exchange Company is responsible for monitoring the progress of money transfer and exchange operations, protecting public deposits in the company, and protecting shareholders' rights. The unit is very keen to ensure that all company employees participate in all courses held at the Central Bank or specialized banking institutes.
The unit sends company employees to these courses for regular training. The compliance department has daily follow-up with the Financial Information Unit of the Central Bank of Yemen to ensure the safety of funds entering the company, taking due diligence measures, ensuring these funds are from a known source, and verifying the validity of these funds to prevent the use of the company's activities for money laundering and terrorist financing.
Alameri Exchange Company is committed to applying the highest standards of anti-money laundering and counter-terrorist financing in accordance with local laws and international standards. We are committed to protecting the integrity of the financial system and preventing the use of our services for illegal purposes.
We apply strict procedures to verify customer identity and understand the nature of their financial activities. This requires:
We respect our customers' privacy and are committed to protecting their personal information. All collected data is used only for legitimate purposes and in accordance with applicable laws. We do not share customer information with third parties except when legally required or with customer consent.
By using our services, you agree to comply with all applicable terms and conditions. We reserve the right to modify these terms at any time. Please review this page regularly for any updates.
If you have any inquiries or concerns regarding compliance policies, please contact us
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