AML & KYC

Anti-Money Laundering (AML) & Know Your Customer (KYC) Policy

1. Our Commitment

EIDDI (SMC-PRIVATE) LIMITED is committed to operating a legitimate, compliant, and transparent business. We have a zero-tolerance policy for money laundering, terrorist financing, and all forms of financial crime.

2. Client Due Diligence

For engagements above defined thresholds, EIDDI may request: government-issued identification of authorized signatories; proof of business registration for corporate clients; source-of-funds documentation for large transactions; beneficial ownership information for entities.

3. Suspicious Activity

EIDDI reserves the right to decline, suspend, or terminate any engagement where there is reasonable suspicion of illicit activity, regardless of engagement stage. Any suspicious transactions may be reported to relevant Pakistani financial intelligence authorities as required by law.

4. Banking Compliance

EIDDI's use of bank wire transfer for Pakistan-based engagements means all transactions are subject to standard banking AML/KYC requirements, including transaction monitoring and identity verification as mandated by applicable banking regulations. EIDDI cooperates fully with all such banking compliance requirements.

5. Record Keeping

All transaction records, client identification documents, and due diligence documentation are retained for a minimum of 5 years in accordance with Pakistani AML regulations and international best practices.