Program overview

A risk-based program covering client due diligence, ongoing monitoring, sanctions and wallet screening, and recordkeeping — informed by Costa Rica’s AML framework (Ley 8204) and FATF standards.

AML/CFT policies & monitoring

Written policies, risk assessment and ongoing transaction monitoring across deposits and withdrawals.

Client due diligence

Business and individual due diligence (KYB/KYC) at onboarding and on an ongoing basis.

Sanctions & wallet screening

Wallet and transaction screening through leading KYT providers against OFAC, UN, EU and other applicable lists.

Enhanced due diligence

Risk-based enhanced due diligence for higher-risk clients and activity.

Transaction monitoring

Risk-based monitoring with defined escalation procedures for unusual activity.

Recordkeeping

Auditable records of clients, instructions and transfers, retained per policy.

Our approach

A risk-based program

Controls scale to the risk of each client and activity, applied consistently and reviewed over time.

Risk-based onboarding

Due diligence depth is matched to the client’s profile and activity.

Ongoing monitoring

Deposits and withdrawals are monitored on a continuous, risk-based basis.

Escalation & review

Unusual activity is escalated, reviewed and actioned under defined procedures.

FAQ

Common questions

How do you handle higher-risk clients?

Through enhanced due diligence and closer ongoing monitoring, in line with a risk-based approach.

Do you screen transactions?

Yes. Wallet and transaction screening runs against sanctions lists and risk indicators as part of the program.

Is onboarding required for everyone?

Yes. All business clients complete KYB, with individual checks (KYC) on relevant persons.

Ready to get started?

Tell us about your business and your custody needs.

Talk to our team