Anti-Money Laundering, Counter-Terrorism Financing (AML/CTF) and Sanctions
You agree that We may delay, block or refuse to process any transaction without incurring any liability if We suspect that the transaction:(a) may breach any laws or regulations in Oman or in any other country; (b) involves any person (natural, corporate or governmental) that is itself sanctioned or is connected, directly or indirectly, to any person that is sanctioned under economic and trade sanctions imposed by Oman, the United Nations, OFAC or any country; or (c) may directly or indirectly involve the proceeds of, or be applied for the purposes of, unlawful conduct.
You must provide all information to Us which We reasonably require in order to manage anti-money laundering or counterterrorism financing and economic and trade sanctions risk or to comply with any laws or regulations in Oman or any other country.
You agree that We may disclose any information concerning it or any person named in the payment instruction to:(a) any law enforcement, regulatory agency or court where required by any order, decree, law or regulation in Oman or elsewhere; and (b) any correspondent We use to make payment for the purpose of compliance with any such order, decree, law or regulation.
Unless you have disclosed to Us that you are acting in a trustee capacity or on behalf of another party, you warrant that you are acting on your own behalf in entering into these Terms. In the event You inform Us that you are acting for another party, we reserve the right to request You to provide any documentation regarding such other party as we shall be required to receive and review in order to comply with any AML/CTF laws or regulations applicable to Us or to Our provision of the Service. We may also require such other party to confirm that it is aware of these Terms and make such representations regarding AML/CTF laws and regulations as we shall require in order to ensure Our compliance with AML/CTF laws or regulations applicable to Us.
You declare and undertake to Us that the processing of any transaction by Us in accordance with your instructions will not breach any laws or regulations in Oman or any other country.