Xpesa Ltd. ("Xpesa") is a company duly incorporated under the laws of Malta and runs a transparent and legal virtual currencies exchange. Persons availing any of the services from Xpesa, or engaging in transactions on any digital and/or non digital platform provided or operated by Xpesa, directly or indirectly shall be referred to as the "Users". Gimibits is a brand of Xpesa and is wholly owned by Xpesa.
Users are mandated to read, review, understand and then agree to the terms provided hereunder before using or availing any Xpesa services through the Website and/or App ("Xpesa platform").
This AML Policy supersedes and replaces any and/or all prior oral or written understanding or agreements between Xpesa and the User with respect to the AML Policy.
1.1 Xpesa shall maintain a record of, and shall evolve an internal mechanism to detect the following:
In addition to the requirements under clauses 2(c) and 2(d) of the Xpesa Terms and Conditions and clause 3 of the Xpesa's KYC Policy, the User(s) needs to comply with this AMLPolicy as follows: