ANTI MONEY LAUNDERINGAt PWRtrade, we employ best-practice anti-money laundering (“AML”) procedures. We reserve the right to refuse to do business with, discontinue to do business with, and reverse any transactions with you if you do not accept or conform to the following AML requirements and policies:
* You must provide us with all requested information upon registration;
* Amounts payable to you upon the expiration of a transaction will only be paid to the individual who initially registered to open a trading account;
* If you deposit funds to your account by means of wire transfer, any withdrawals from your account will only be transferred to the holder of the originating bank account of the deposit. When making deposits in this manner, it is your responsibility to ensure that your bank account number and the registered name of the account owner accompany all such deposits to us;
* If you deposit funds to your account by means of credit/debit card, withdrawals from your account will only be distributed to the individual whose name appears on the card used to make the deposit and only to the same card;
* Only one account is allowed per person. No amount may be withdrawn from accounts opened in a false name or multiple accounts opened by the same person.