AML & KYC Policy

Last updated: January 1, 2026 · eData Financial Group — eData Panama Gateway

Our Commitment

eData Financial Group is fully committed to preventing money laundering, terrorist financing, and other financial crimes. We comply with the Financial Action Task Force (FATF) recommendations, Panama Law 23 of 2015, and applicable LATAM regional regulations.

Know Your Customer (KYC)

All merchants are required to complete identity verification before account activation. Required documents include:

Government-issued photo ID (passport or national ID)
Proof of business registration and ownership
Proof of address (utility bill or bank statement, less than 3 months old)
Bank statements or financial records (last 3 months)
Description of business activities and expected transaction volumes

Anti-Money Laundering (AML)

We maintain an active AML program including transaction monitoring, suspicious activity reporting, and ongoing due diligence. We screen all merchants against international sanctions lists including OFAC, UN, and EU sanctions lists.

Enhanced Due Diligence

High-risk merchants, politically exposed persons (PEPs), and merchants in higher-risk jurisdictions are subject to enhanced due diligence procedures including additional documentation and ongoing monitoring.

Reporting

We report suspicious transactions to appropriate financial intelligence units as required by law. We cooperate fully with law enforcement and regulatory investigations.

Crypto Transactions

All cryptocurrency transactions processed through our AmpliPay Global integration are subject to blockchain analytics and compliance screening. We apply the Travel Rule for applicable crypto transfers.

Contact Compliance

mail@edatapanamagateway.com