RAHIM International Bank, hereinafter referred to as We, is subject to local laws and regulations designed to prevent money laundering.


We maintain mandatory written policies and procedures for the prevention of money laundering as per the Anti Money Laundering Laws.


We have arrangements for the independent monitoring and auditing of compliance with the policies and procedures as we are subject to strict control by the central bank.


Our policies and procedures meet the requirements of local law and regulations on anti -money laundering law as per the attachment.



And these policies and procedures also mandatory for all of our banking operations?
Our staff is trained for the policies and procedures and on the requirements of local law and regulations and are updated with any new addition in the law immediately as we are notified by the authorities.


Our procedures require the beneficial owners of corporate entities to be verified in line with the requirements for personal customers and verification of identification information for all counterparties?


Our procedures require retention of the relevant KYC records a minimum period of twelve months.


We are further required the disclosure of suspicious transactions to a national and criminal intelligence service or other external authority?

For relationships involving correspondent banking services In relation to correspondent banking services, customer identification is completed in accordance with the Wolfsberg Principles for Correspondent Banks, including the provisions relating to "downstream" financial institution customers.