KYC & AML Verification

BELEM Blockchain Technology Co., Ltd. ("BELEM") is a Money Services Business registered with FINTRAC (M23331281). As a regulated financial intermediary between fiat and digital assets, every account holder must complete identity verification before funds, deposits, or trades may be processed.

1. Why we verify

Verification is mandatory under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), EU AMLD6, the FATF Travel Rule, and equivalent obligations in the jurisdictions where BELEM operates. We use identity data exclusively for compliance, fraud prevention, and sanctions screening — never for marketing.

2. Required documents

Individual accounts

• Government-issued photo ID — passport, national identity card, or driver's licence. Document must be valid, in colour, and show all four corners clearly.
• Proof of address — a utility bill, bank statement, or government letter dated within the last 90 days. The name and address must match the application.
• Liveness selfie — a short video selfie verifying that you are the holder of the ID. The link is sent automatically to your email once your application is reviewed.
• Source of funds declaration — short statement plus supporting documentation (payslip, contract, sale receipt, or tax filing) for deposits above the equivalent of €10,000.

Corporate accounts

• Certificate of incorporation and current extract from the company registry.
• Articles of association / by-laws.
• Register of directors and ultimate beneficial owners (≥25%).
• Individual KYC (as above) for each director and beneficial owner.
• Proof of registered office and proof of operating bank account.

3. How to submit

1. Complete the application form on the BELEM landing page.
2. You will receive a secure verification link by email. The link is unique, single-use, and expires after 72 hours.
3. Upload the documents listed above and complete the liveness check.
4. Our compliance desk reviews submissions within 1–3 business days. You will be notified by email once your status changes to Verified, More information needed, or Declined.

4. Ongoing monitoring

BELEM performs continuous transaction monitoring through Chainalysis KYT and screens all counterparties against OFAC, UN, EU, HMT, and SECO sanctions lists. We may request refreshed documentation periodically or in connection with specific transactions. Failure to respond within 30 days may result in account restriction.

5. Prohibited persons

BELEM does not onboard residents of sanctioned jurisdictions, persons appearing on consolidated sanctions lists, or accounts whose source of funds cannot be reasonably evidenced. We reserve the right to refuse or terminate any relationship at our sole discretion.

6. Your rights

You may at any time request a copy of the personal data we hold, request correction of inaccurate information, or request deletion once our statutory retention period (5 years after relationship end, PCMLTFA s.6.1) has lapsed. See our Privacy Policy for details.

7. Contact

Compliance desk: verification@belem-services.com
Support: Support@belem-services.com