AML / KYC Policy
Purpose
Prevent money laundering, sanctions evasion, fraud and terrorist financing, and verify business users.
Verification (KYB/KYC)
Before transacting we verify: business registration; tax/VAT identifier; Ultimate Beneficial Owners (≥25%) identity and address; business address.
Sanctions screening
Users and beneficial owners are screened against applicable lists (OFAC, EU, UN). We do not onboard users in prohibited/sanctioned jurisdictions.
Funds
Collection, escrow and settlement are performed by a licensed payment/escrow provider; VESTRA does not hold or transmit user funds. Exception: for orders Acerasoft LLC invoices in its own name (Terms of Service, section 3c) the buyer pays Acerasoft LLC's own account and Acerasoft LLC pays the supplying seller for a successful order. Those payments are made only to a bank account held in the verified seller's own name; Acerasoft LLC does not pay third parties, does not make payments to or from sanctioned jurisdictions, and does not return funds to any account other than the one they came from.
Monitoring & records
We monitor for suspicious patterns and keep verification and transaction records for the legally required period.