Operator
RAPID BLOCK DOO operates an anti-money-laundering and counter-terrorist-financing programme covering client identification, ongoing monitoring, record keeping and reporting. This page summarises it; the internal procedures behind it are not public.
1. Client identification (KYC)
Every client is identified before their account can transact. We collect and verify:
- full name and date of birth;
- a government-issued identity document;
- a live biometric check confirming the holder matches the document;
- a verifiable e-mail address.
Verification is reviewed before approval. We may request further information — including source of funds — at any point, and we may restrict an account until it is provided.
2. Who we will not serve
- anyone under 18;
- persons or entities subject to applicable sanctions, and persons acting on their behalf;
- clients in jurisdictions where our activity is prohibited or requires an authorisation we do not hold;
- anyone who refuses identification, supplies false information, or whose source of funds cannot be established.
3. Ongoing monitoring
Account activity is monitored for patterns inconsistent with the client’s profile or indicative of layering — including structuring, rapid pass-through of funds, and transfers involving addresses associated with illicit activity. Deposits are observed on-chain and recorded with their transaction reference, giving every credited balance a verifiable origin.
4. Third-party and anonymous funding
Funds must originate from the client. We do not accept third-party payments, and we may reject or return funds arriving from mixers, tumblers, or addresses linked to sanctioned or criminal activity.
5. Reporting and freezing
Where we identify a reasonable suspicion of money laundering or terrorist financing, we are obliged to report it to the competent authority and may be required to suspend the account or freeze funds. We may be prohibited by law from informing the client that a report has been made.
6. Record keeping
Identification data, verification records and transaction history are retained for the period required by applicable law after the end of the client relationship, and are available to competent authorities on lawful request.
7. Responsibility
Management is accountable for this programme, its periodic review, and staff training. Questions and lawful requests: office@rapid-block.com.