AML/KYC Policy

Roylith operates under a strict compliance framework designed to prevent money laundering, terrorist financing, and other financial crimes. We are required by law to verify the identity of our users and monitor transactions for suspicious activity.

This policy applies to all users of the Roylith platform, regardless of jurisdiction.

Roylith operates a tiered verification system. Higher verification unlocks higher transaction limits.

Acceptable ID Documents

• Passport (preferred)
• National ID Card
• Driver's License

Proof of Address

• Utility bill (within 3 months)
• Bank statement (within 3 months)
• Government-issued document

All documents must be clear, unedited, and show all four corners. We use AI-powered verification that can detect manipulated documents.

All users are screened against international sanctions lists including:

• OFAC (Office of Foreign Assets Control) - United States
• EU Consolidated Sanctions List
• UN Security Council Sanctions
• FATF High-Risk Jurisdictions

Users from sanctioned countries are prohibited from using Roylith services.

Roylith employs automated systems to monitor transactions for suspicious patterns, including:

• Unusually large transactions
• Rapid movement of funds
• Transactions involving high-risk jurisdictions
• Structuring (breaking up transactions to avoid thresholds)

Roylith is legally required to file Suspicious Activity Reports (SARs) with relevant authorities when we detect potential financial crime.

Important: We are prohibited by law from informing you if a SAR has been filed regarding your account.

KYC documents and transaction records are retained for a minimum of 5 years after account closure, as required by financial regulations.

This data is encrypted at rest and access is strictly limited to compliance personnel.