Anti-Money Laundering Agreement

1.Introduction
1.1 We guarantee to diligently comply with the laws and regulations related to Know Your Customer (KYC) and Anti-Money Laundering (AML), and we shall not intentionally violate these policies. Within our reasonable control, we take necessary financial measures and technical precautions to provide you with secure services, minimizing your risk of loss from money laundering activities by criminal suspects. 
1.2 Our KYC and AML policies constitute a comprehensive international policy framework, including KYC and AML policies applicable to the different legal jurisdictions you are subject to. Our robust compliance framework ensures that we meet regulatory requirements and standards at both local and global levels, thereby ensuring the ongoing operation of Binfin.

2.KYC and AML Policies:

2.1 We issue KYC and AML policies and update them regularly to meet the standards set by relevant laws and regulations. 
2.2 We publish and update guidelines and rules for operating Binfin, and our staff will provide full services in accordance with these principles and rules. 
2.3 We design and implement internal monitoring and control procedures for transactions, such as verifying identities through strict means and establishing a professional team dedicated to AML efforts. 
2.4 We adopt a risk prevention approach to conduct due diligence and ongoing monitoring of customers. 
2.5 We review and conduct regular checks on transactions that have occurred. 
2.6 We report suspicious transactions to the competent authorities. 
2.7 Identity proof documents, address proof documents, and transaction records will be maintained for at least six years, and if submitted to regulatory authorities, you will not be notified separately. 
2.8 Credit cards are prohibited throughout the transaction process. 
2.9 We regularly participate in training organized by relevant authorities and provide regular training for employees.

3.Identity Information and Verification:

3.1 Identity Information 
3.1.1 Depending on the different regulations of various jurisdictions and types of entities, the information we collect from you may vary. In principle, we will collect the following information from registered individuals:
Basic personal information: their name, address (and permanent address, if different), date of birth, nationality, and other available information. Identity verification should be conducted based on documents issued by official or similarly authoritative agencies, such as passports, ID cards, or other identification documents required by different jurisdictions. The provided address will be verified using appropriate methods, such as checking transportation tickets or voter registration.
Valid photo: Before you register, you must provide a photo of yourself holding your ID in front of your chest.
Contact information: Phone/mobile number and valid email address.
3.1.2 If you are a company or other legal entity, we will collect the following information to determine the ultimate beneficial owner of you or the trust account:
Company registration and license documents; a copy of the company’s articles of association and memorandum; detailed proof of the company’s equity structure and ownership, including board resolutions authorizing the opening of a Binfin account and signing authority; identification documents for company directors, major shareholders, and signatories authorized for the Binfin account; the company’s main business address, and if different from the mailing address, the mailing address. If the local address differs from the main business address, it will be considered a high-risk customer, requiring additional documentation.
Other certifications and documents issued by relevant authorities as required by different jurisdictions and types of entities, as well as any additional documents we deem necessary.
3.1.3 We only accept identity information in English and Chinese. If not, please translate your identity information into English and have it notarized. 
3.2 Verification Confirmation 
3.2.1 We require you to provide both sides of your identification documents. 3.2.2 We require you to provide a photo of yourself holding your identification document in front of your chest. 
3.2.3 Copies of proof documents should generally be verified against original documents. However, if a reliable and suitable certifier can confirm that the copy is an accurate and complete reproduction of the original, that copy may be accepted. Such certifiers include ambassadors, judicial commissioners, local sheriffs, etc. 
3.2.4 The requirements for identifying ultimate beneficial owners and account control are to determine which individuals ultimately own or control the direct customer and/or to identify if transactions are executed on behalf of others. For companies, the identity of major shareholders (e.g., those holding 10% or more voting rights) should be verified. Generally, a 25% shareholding is considered normal risk, requiring verification of shareholder identity; a shareholding of 10% or more voting rights is considered high risk, requiring verification of shareholder identity.

4.Monitoring Transactions

4.1 We continuously set and adjust daily transaction and withdrawal limits based on security and actual transaction conditions. 
4.2 If transactions frequently occur under your registration or exceed reasonable limits, our professional team will evaluate and decide whether they are suspicious. 
4.3 In cases deemed suspicious at our discretion, we may suspend the transaction, refuse the transaction, and take other restrictive measures, including reversing the transaction as soon as possible while reporting to the competent authorities without notifying you. 4.4 We reserve the right to refuse applications from individuals from jurisdictions that do not comply with international AML standards or who are considered politically exposed persons. We also reserve the right to suspend or terminate transactions that we deem suspicious at our discretion, but doing so does not violate any obligations or responsibilities owed to you.