{"id":18957,"date":"2026-03-27T21:05:40","date_gmt":"2026-03-27T21:05:40","guid":{"rendered":"https:\/\/oktopayments.com\/latam\/?page_id=18957"},"modified":"2026-04-02T01:59:02","modified_gmt":"2026-04-02T01:59:02","slug":"aml-cft-summary-statement","status":"publish","type":"page","link":"https:\/\/oktopayments.com\/latam\/aml-cft-summary-statement\/","title":{"rendered":"AML\/CFT Summary Statement"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"18957\" class=\"elementor elementor-18957\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-19aac9e e-flex e-con-boxed e-con e-parent\" data-id=\"19aac9e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8c92348 elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"8c92348\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">AML\/CFT <br>Summary Statement\n<\/h1>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2cef8bf e-con-full elementor-hidden-mobile e-flex e-con e-parent\" data-id=\"2cef8bf\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7ca2f00 e-con-full elementor-hidden-desktop elementor-hidden-laptop elementor-hidden-tablet e-flex e-con e-parent\" data-id=\"7ca2f00\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-74c1821 e-flex e-con-boxed e-con e-parent\" data-id=\"74c1821\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0f1466d elementor-widget elementor-widget-heading\" data-id=\"0f1466d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">AML\/CFT Summary Statement<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5840829 e-flex e-con-boxed e-con e-parent\" data-id=\"5840829\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ae76b08 elementor-widget elementor-widget-text-editor\" data-id=\"ae76b08\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>At OKTO we recognize the importance of combating money laundering and the financing of terrorism in the global financial ecosystem. As Payment Orchestration, Cross Border , e-voucher payments and digital wallet payment services provider across the European Union and Latin America, we are committed to upholding the highest standards of regulatory compliance and financial integrity<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-30c0bb2 e-flex e-con-boxed e-con e-parent\" data-id=\"30c0bb2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1fffd1e elementor-widget elementor-widget-heading\" data-id=\"1fffd1e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Our Commitment<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e8cb646 elementor-hidden-tablet elementor-hidden-mobile e-flex e-con-boxed e-con e-parent\" data-id=\"e8cb646\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-298c00f elementor-widget elementor-widget-text-editor\" data-id=\"298c00f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Our Anti-Money Laundering and Countering the Financing of Terrorism (AML\/CFT) program is designed to ensure compliance with applicable laws, international standards, and industry best practices. We implement a comprehensive, risk-based framework that protects our customers, partners, and financial systems from being exploited for illicit purposes.<\/p><p>This statement outlines the core principles, controls, and mechanisms that underpin our AML\/CFT compliance efforts.<\/p><p>Our compliance program is built on the following pillars:<\/p><p>\u00a0<\/p><p>\u00a0 \u00a0 \u00a0<strong>1. Customer Due Diligence (CDD):<\/strong> KYC procedures including risk-based customer verification, Enhanced Due Diligence\u00a0 \u00a0 \u00a0 \u00a0 \u00a0for higher-risk clients, and ongoing due diligence.<\/p><p>\u00a0<\/p><p>\u00a0 \u00a0 \u00a0<strong>2. Transaction Monitoring:<\/strong> Utilizes a dual-layer transaction monitoring system, automated real-time and batch screening\u00a0 \u00a0 \u00a0 \u00a0tools to flag unusual activity, and manual investigation by compliance personnel for enhanced review and case\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0escalation.\u2028<\/p><p><br \/>\u00a0 \u00a0 \u00a0<strong>3. Sanctions Screening:<\/strong> Continuous screening of customers and transactions against global watchlists including OFAC,\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0UN, and EU sanctions (where applicable)\u2028<\/p><p><br \/>\u00a0 \u00a0 \u00a0<strong>4. Suspicious Activity Reporting:<\/strong> Prompt and accurate reporting of suspicious transactions to relevant Financial\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0Intelligence Units (FIUs).\u2028<\/p><p><br \/>\u00a0 \u00a0 \u00a0<strong>5. Risk-Based Approach:<\/strong> We adopt a risk-based approach to compliance, allocating resources and controls.<\/p><p>\u2028<br \/><strong>\u00a0 \u00a0 \u00a06. Internal Policies and Procedures:<\/strong> Robust internal policies, procedures, and controls are in place. Policies are\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0periodically reviewed and updated in line with legal, regulatory, and market developments.\u2028<\/p><p><br \/>\u00a0 \u00a0 <strong>\u00a07. Recordkeeping:<\/strong> Secure retention of customer and transaction data in compliance with regulatory timeframes\u2028.<\/p><p><br \/>\u00a0 \u00a0 \u00a0<strong>8. Training &amp; Awareness:<\/strong> Ongoing AML\/CFT training for all relevant personnel to ensure awareness of risks, red flags, and\u00a0 \u00a0 \u00a0 \u00a0 \u00a0regulatory obligations.\u2028<\/p><p><br \/><strong>\u00a0 \u00a0 \u00a09. Governance:<\/strong> Our AML compliance function is overseen by a designated Money Laundering Reporting Officer (MLRO)\u00a0 \u00a0 \u00a0 \u00a0supported by a dedicated compliance team and governed by Chief Compliance Officer.<\/p><p><br \/><strong>\u00a0 \u00a0 \u00a010. Senior Management Oversight:<\/strong> AML\/CFT compliance is supported and overseen by senior management and\/or the\u00a0 \u00a0 \u00a0 \u00a0 \u00a0Board.<\/p><p><br \/><strong>\u00a0 \u00a0 \u00a011. Regulatory Cooperation and Transparency:<\/strong> OKTO actively cooperates with regulators and financial institutions to\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0promote transparency, information sharing, and collective action against financial crime. We are open to AML\/CFT\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0audits, questionnaires, and enhanced due diligence by our banking, payment, and institutional partners.<\/p><p><br \/><strong>\u00a0 \u00a0 \u00a012. Continuous Improvement:<\/strong> Our program is regularly reviewed and enhanced to reflect changes in laws and\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 regulations, emerging ML\/FT typologies and risks, technological advancements, feedback from regulators and partners.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f19443c elementor-hidden-desktop elementor-hidden-laptop elementor-hidden-mobile e-flex e-con-boxed e-con e-parent\" data-id=\"f19443c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5262a28 elementor-widget elementor-widget-text-editor\" data-id=\"5262a28\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Our Anti-Money Laundering and Countering the Financing of Terrorism (AML\/CFT) program is designed to ensure compliance with applicable laws, international standards, and industry best practices. We implement a comprehensive, risk-based framework that protects our customers, partners, and financial systems from being exploited for illicit purposes.<\/p><p>This statement outlines the core principles, controls, and mechanisms that underpin our AML\/CFT compliance efforts.<\/p><p>Our compliance program is built on the following pillars:<\/p><p>\u00a0 \u00a0 \u00a0<strong>1. Customer Due Diligence (CDD):<\/strong> KYC procedures including risk-based customer verification, Enhanced Due Diligence for higher-risk clients, and ongoing due diligence.<\/p><p>\u00a0 \u00a0 \u00a0<strong>2. Transaction Monitoring:<\/strong> Utilizes a dual-layer transaction monitoring system, automated real-time and batch screening tools to flag unusual activity, and manual investigation by compliance personnel for enhanced review and case escalation.\u2028<\/p><p>\u00a0 \u00a0 \u00a0<strong>3. Sanctions Screening:<\/strong> Continuous screening of customers and transactions against global watchlists including OFAC,\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0UN, and EU sanctions (where applicable)\u2028<\/p><p>\u00a0 \u00a0 \u00a0<strong>4. Suspicious Activity Reporting:<\/strong> Prompt and accurate reporting of suspicious transactions to relevant Financial Intelligence Units (FIUs).\u2028<\/p><p>\u00a0 \u00a0 \u00a0<strong>5. Risk-Based Approach:<\/strong> We adopt a risk-based approach to compliance, allocating resources and controls.<\/p><p><strong>\u00a0 \u00a0 \u00a06. Internal Policies and Procedures:<\/strong> Robust internal policies, procedures, and controls are in place. Policies are periodically reviewed and updated in line with legal, regulatory, and market developments.\u2028<\/p><p>\u00a0 \u00a0 <strong>\u00a07. Recordkeeping:<\/strong> Secure retention of customer and transaction data in compliance with regulatory timeframes.<\/p><p>\u00a0 \u00a0 \u00a0<strong>8. Training &amp; Awareness:<\/strong> Ongoing AML\/CFT training for all relevant personnel to ensure awareness of risks, red flags, and regulatory obligations.\u2028<\/p><p><strong>\u00a0 \u00a0 \u00a09. Governance:<\/strong> Our AML compliance function is overseen by a designated Money Laundering Reporting Officer (MLRO)supported by a dedicated compliance team and governed by Chief Compliance Officer.<\/p><p><strong>\u00a0 \u00a0 \u00a010. Senior Management Oversight:<\/strong> AML\/CFT compliance is supported and overseen by senior management and\/or the Board.<\/p><p><strong>\u00a0 \u00a0 \u00a011. Regulatory Cooperation and Transparency:<\/strong> OKTO actively cooperates with regulators and financial institutions to promote transparency, information sharing, and collective action against financial crime. We are open to AML\/CFT audits, questionnaires, and enhanced due diligence by our banking, payment, and institutional partners.<\/p><p><strong>\u00a0 \u00a0 \u00a012. Continuous Improvement:<\/strong> Our program is regularly reviewed and enhanced to reflect changes in laws and regulations, emerging ML\/FT typologies and risks, technological advancements, feedback from regulators and partners.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1877e6e elementor-hidden-desktop elementor-hidden-laptop elementor-hidden-tablet e-flex e-con-boxed e-con e-parent\" data-id=\"1877e6e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-10baf72 elementor-widget elementor-widget-text-editor\" data-id=\"10baf72\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Our Anti-Money Laundering and Countering the Financing of Terrorism (AML\/CFT) program is designed to ensure compliance with applicable laws, international standards, and industry best practices. We implement a comprehensive, risk-based framework that protects our customers, partners, and financial systems from being exploited for illicit purposes.<\/p><p>This statement outlines the core principles, controls, and mechanisms that underpin our AML\/CFT compliance efforts.<\/p><p>Our compliance program is built on the following pillars:<\/p><p><strong>1. Customer Due Diligence (CDD):<\/strong> KYC procedures including risk-based customer verification, Enhanced Due Diligence for higher-risk clients, and ongoing due diligence.<\/p><p><strong>2. Transaction Monitoring:<\/strong> Utilizes a dual-layer transaction monitoring system, automated real-time and batch screening\u00a0 tools to flag unusual activity, and manual investigation by compliance personnel for enhanced review and case\u00a0 \u00a0 escalation.\u2028<\/p><p><strong>3. Sanctions Screening:<\/strong> Continuous screening of customers and transactions against global watchlists including OFAC, UN, and EU sanctions (where applicable)\u2028<\/p><p><strong>4. Suspicious Activity Reporting:<\/strong> Prompt and accurate reporting of suspicious transactions to relevant Financial\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Intelligence Units (FIUs).\u2028<\/p><p><strong>5. Risk-Based Approach:<\/strong> We adopt a risk-based approach to compliance, allocating resources and controls.<\/p><p><strong>6. Internal Policies and Procedures:<\/strong> Robust internal policies, procedures, and controls are in place. Policies are\u00a0 periodically reviewed and updated in line with legal, regulatory, and market developments.\u2028<\/p><p><strong>7. Recordkeeping:<\/strong> Secure retention of customer and transaction data in compliance with regulatory timeframes.<\/p><p><strong>8. Training &amp; Awareness:<\/strong> Ongoing AML\/CFT training for all relevant personnel to ensure awareness of risks, red flags, and\u00a0 regulatory obligations.\u2028<\/p><p><strong>9. Governance:<\/strong> Our AML compliance function is overseen by a designated Money Laundering Reporting Officer (MLRO)\u00a0 supported by a dedicated compliance team and governed by Chief Compliance Officer.<\/p><p><strong>10. Senior Management Oversight:<\/strong> AML\/CFT compliance is supported and overseen by senior management and\/or the Board.<\/p><p><strong>11. Regulatory Cooperation and Transparency:<\/strong> OKTO actively cooperates with regulators and financial institutions to promote transparency, information sharing, and collective action against financial crime. We are open to AML\/CFT audits, questionnaires, and enhanced due diligence by our banking, payment, and institutional partners.<\/p><p><strong>12. Continuous Improvement:<\/strong> Our program is regularly reviewed and enhanced to reflect changes in laws and\u00a0 \u00a0 regulations, emerging ML\/FT typologies and risks, technological advancements, feedback from regulators and partners.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-43a3c93 e-flex e-con-boxed e-con e-parent\" data-id=\"43a3c93\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-15187f9 elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"15187f9\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Ready to<br> get started?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4a73aef elementor-widget elementor-widget-text-editor\" data-id=\"4a73aef\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Request a demo or create a custom package for your business<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1071d83 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"1071d83\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/oktopayments.com\/latam\/contact\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Get started<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>AML\/CFT Summary Statement AML\/CFT Summary Statement At OKTO we recognize the importance of combating money laundering and the financing of terrorism in the global financial ecosystem. As Payment Orchestration, Cross Border , e-voucher payments and digital wallet payment services provider across the European Union and Latin America, we are committed to upholding the highest standards [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"class_list":["post-18957","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AML\/CFT Compliance Statement | OKTO PAYMENTS<\/title>\n<meta name=\"description\" content=\"Learn how OKTO PAYMENTS ensures AML\/CFT compliance through monitoring, due diligence and regulatory cooperation.\" 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