AML and KYC
The customer relationship policy of South Regional Bank is based on key principle of partnership: when we know and understand our customers - they know and understand the Bank.
Our KYC activity is aimed at increasing of security of customer’s transactions and counteracting money laundering and terrorist financing operations.
To comply with global AML banking practices and Russian legislation on counteracting money laundering and terrorist financing South Regional Bank has the AML department with designated responsible officer.
South Regional Bank is aimed to uphold its business reputation and minimize risk to be involved into suspicious transactions. In this regard the Bank strictly follows ‘Know Your Customer’ policy and procedures. South Regional Bank does not have any relations with non-resident banks that do not have permanent administrative body in the country of registration (shell-banks). South Regional Bank does not have correspondent relations with banks registered in off-shore zones or territories with privileged tax regulations.
Ltd SRB GIIN: BW8JZW.99999.SL.643
South Regional Bank compliance contact: firstname.lastname@example.org