Customer Identification Program
Procedures to collect and verify customer identity information in accordance with applicable BSA/AML requirements.
Compliance
Compliance-first payouts
ALMOST A BANK, LLC maintains a compliance-oriented operating model designed to support customer verification, AML review, sanctions screening, transaction monitoring, fraud prevention, recordkeeping, and regulatory obligations.
ALMOST A BANK, LLC is registered with FinCEN as a Money Services Business. FinCEN registration does not constitute approval, recommendation, endorsement, or verification by FinCEN.
KYC / KYB Review
Individual and business customer verification, including beneficial ownership where applicable.
AML Screening
Screening against AML risk factors, watchlists, and internal risk criteria.
Sanctions Screening
Screening against applicable sanctions lists and restricted party databases.
Transaction Monitoring
Ongoing review of customer activity for unusual patterns or policy violations.
Check Fraud Review
Verification of check authenticity, alteration indicators, and fraud signals.
Source-of-Funds Review
Collection of supporting documentation where required by policy or regulation.
Suspicious Activity Escalation
Internal escalation and reporting procedures where required by law.
Recordkeeping
Retention of customer, transaction, and compliance records per legal requirements.
Jurisdictional Restrictions
Services limited to eligible customers in permitted jurisdictions.
Customer Documentation
Customers may be required to provide government identification, business documentation, proof of ownership, source-of-funds information, check documentation, or other supporting materials before services are made available.
See also: AML/KYC Policy · Risk Disclosure · Prohibited Use Policy