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Rules

AML/KYC

The Lincoln.money service adheres to widely accepted standards when conducting AML (Anti-Money Laundering) and KYC (Know Your Customer) procedures:

KYC (Know Your Customer) is the process of verifying the identity of a client and assessing the potential risks associated with their activities.

AML (Anti-Money Laundering) is a set of measures aimed at preventing the legalization of funds obtained illegally, to prevent the Service from being used for unlawful transactions. This procedure includes client identification, storage, and exchange of information about transactions and income between financial institutions and government authorities.

As part of these procedures, the Service reserves the right to use legal methods, including third-party analytical tools and its own monitoring systems.

To minimize the risk of illegal transactions, Lincoln.money sets the following requirements for user-created requests:

  1. The sender and recipient of the payment must be the same person. Transfers to third parties via our Service are strictly prohibited.

  2. All contact and personal data provided by the user must be accurate and up to date.

  3. The use of anonymous Internet connections (proxy servers, VPNs, Tor, and others) when creating requests is prohibited.

If Lincoln.money has reasonable suspicions about a client related to possible money laundering or fraud, the Service reserves the right to:

  1. Request additional information from the client regarding the origin of their digital assets and confirmation of their legality.

  2. Block the account and transactions, and forward the information to the relevant authorities.

  3. Request documents confirming the client's identity, registration, and solvency.

  4. Return digital assets only to the original account or after verification to other accounts if the legality of the funds is confirmed.

  5. Refuse to withdraw funds to a third-party account without explanation.

  6. Withhold the client's funds until the investigation is fully completed.

  7. Monitor the entire transaction chain to identify suspicious activities.

  8. Refuse to provide services if there are reasonable suspicions about the legality of the digital assets, and retain the funds in special accounts if the entire transaction chain cannot be traced.

  9. Not disclose details of the verification methods and results.

Refunds for funds held for inspection after AML analysis:

  1. Refunds will be processed after a complete verification by the security service, including sender verification, with a deduction of up to 10% of the transaction amount to cover processing costs.

  2. If the refund is approved, it will be processed within 7 business days from the date the user is notified of the Service's decision.

  3. The user must confirm the payment details for the refund after the verification process is completed.

Attention!

The Lincoln.money service is not legally responsible for its use in money laundering, financing terrorism, or purchasing prohibited goods and services, but it commits to taking all possible actions to prevent such activities.