Anti-Money Laundering Policy

1. Introduction

JustBuy Limited ("we," "our," or "us") is strictly committed to the prevention of money laundering and terrorist financing. We maintain a zero-tolerance policy towards the use of our platform for illegal activities. This Anti-Money Laundering (AML) Policy outlines the steps we take to detect, prevent, and report suspicious activities.

2. Regulatory Compliance

Our AML Policy is designed to comply with local and international regulations, including the Anti-Money Laundering Act, 2020 (Act 1044) of the Republic of Ghana, and the guidelines issued by the Bank of Ghana (BoG) and the Financial Intelligence Centre (FIC).

3. Know Your Customer (KYC) Procedures

To ensure a safe ecosystem, JustBuy implements strict Customer Due Diligence (CDD). Before granting full access to wallet services or high-volume transactions, we require users to verify their identity. Verification involves:

• Providing accurate personal information (Full Name, Date of Birth).
• Submitting a valid Government-issued ID (such as the Ghana Card).
• Verifying the registered mobile money numbers associated with the account.

4. Transaction Monitoring

We actively monitor all transactions taking place on the JustBuy platform. We utilize automated systems and human oversight to identify unusual patterns, including but not limited to:

• Unusually large transaction volumes.
• Rapid consecutive transactions without a clear economic purpose.
• Inconsistencies with the user's historical transaction behavior.

5. Suspicious Activity Reporting

If our systems or personnel detect suspicious or potentially illegal activities, we are legally mandated to investigate. If an activity is deemed suspicious under the law, we will file a Suspicious Transaction Report (STR) with the Financial Intelligence Centre (FIC) and law enforcement, without prior notice to the User.

6. Account Suspension and Termination

JustBuy reserves the right to immediately suspend, restrict, or permanently terminate any account that violates our AML Policy, fails to provide requested KYC documentation, or is reasonably suspected of involvement in fraudulent or money-laundering activities.

7. Record Keeping

As required by law, we retain all customer identification records, KYC documents, and transaction histories for a minimum period of five (5) years after the closure of an account or the completion of a transaction.

8. Contact Information

If you have any questions regarding our AML compliance, or if you wish to report suspicious activities on the JustBuy platform, please contact our Compliance Team at compliance@justbuygh.shop.