Last updated: May 1, 2026
KYC.bd is committed to preventing money laundering, terrorist financing, and sanctions evasion. This page outlines the framework we apply to our own customers and the tooling we provide for theirs.
Customer due diligence
- Verified business registration and beneficial ownership.
- Sanctions and PEP screening at onboarding and quarterly thereafter.
- Risk-based enhanced due diligence for high-risk sectors.
Ongoing monitoring
- Transaction-pattern monitoring on API usage.
- Sanctions list refresh every 24 hours.
- Suspicious-activity reporting to the Bangladesh Financial Intelligence Unit (BFIU) where required.
Tooling for customers
Our APIs provide identity verification, document checks, liveness, sanctions/PEP screening, and audit-grade logging — the building blocks for a regulated KYC programme. Customers remain responsible for filing SARs with their own regulator.
Training & governance
All staff complete annual AML training. A designated Money Laundering Reporting Officer (MLRO) oversees the program and reports to the Board.
Questions about this document? Contact legal@msg.bd. This page is a template for informational purposes and is not legal advice; consult qualified counsel for your jurisdiction.