Jordan Kuwait Bank has an approved Anti-Money Laundering And Counter Terrorist Financing Policy in place, where the Money Laundering Compliance Officer (MLCO) of the branch notifies the Financial Intelligence Unit in Cyprus (MOKAS) of any circumstances that require it to do so.
According to the Bank’s Anti-Money Laundering And Terrorist Financing Policy, the Bank monitors the client’s transactions to ensure that they are consistent with the data available and with the assistance of an anti-money laundering and terrorist financing system, it enables the Bank to pinpoint any abnormal or suspicious activities.
In accordance with banking industry’s best practices, the Bank has completed the Wolfsberg AML Certification and the USA Patriot Act Certification.