Hurupay Money Transfer's Anti-Money Laundering (AML) Policy

In today’s interconnected world, sending money across borders is an essential service for individuals, families, and businesses. However, with the convenience of international transfers comes the growing risk of financial crimes such as money laundering and fraud. At Hurupay Inc., a trusted global platform for digital payments and cross-border transfers, ensuring secure and transparent transactions is at the heart of our operations.
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Hurupay maintains a strong commitment to financial integrity through a well-defined Anti-Money Laundering (AML) policy. This policy safeguards the platform from being used for illicit activities and ensures compliance with international regulations. In this article, we outline Hurupay’s AML framework, the proactive measures we take to detect and prevent suspicious activity, and how these efforts help deliver a safe and reliable money transfer experience for users around the world.
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Below are a few key points that highlight why AML policies are crucial:

Money laundering involves concealing the origins of funds gained through illegal activities, making them appear lawful. This practice poses a serious risk to the global financial system, as it enables organized crime, terrorism funding, and widespread corruption.
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According to the International Monetary Fund (IMF), money laundering is estimated to account for 2–5% of the world’s GDP each year, amounting to trillions of dollars. The movement of these illicit funds undermines economic stability, weakens financial institutions, and erodes public trust in the integrity of economies worldwide.

To address the rising threat of money laundering, financial institutions globally have adopted comprehensive Anti-Money Laundering (AML) policies. These policies are designed to identify and prevent illicit financial activity through well-structured procedures, internal checks, and mandatory reporting systems.
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AML frameworks help ensure that all transactions are legitimate, uphold the credibility of the financial system, and foster greater transparency and accountability in financial operations.
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As a leading global money transfer platform, Hurupay Inc. places a strong emphasis on implementing Anti-Money Laundering (AML) measures to ensure the safety and integrity of cross-border transfers. Countries that receive high volumes of remittances often face increased risks of illicit financial flows, making vigilant monitoring essential.
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Hurupay is committed to protecting its users and the financial ecosystem by enforcing strict AML protocols. This not only helps prevent misuse of its services but also strengthens user confidence and upholds regulatory standards across the markets it serves.
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At Hurupay Inc., secure and compliant money transfers are at the core of our operations. Our AML policy is designed to uphold global standards while protecting users and financial systems from abuse. Below is an overview of Hurupay’s AML framework:
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Hurupay Inc. is fully committed to complying with both international and local anti-money laundering regulations. The company strictly follows AML laws, guidelines, and directives issued by relevant regulatory bodies in all jurisdictions where it operates.
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By upholding these standards, Hurupay ensures its services meet legal obligations, foster financial transparency, and maintain a high level of accountability across its global operations.
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Hurupay Inc. carries out thorough risk assessments to identify and manage potential risks linked to cross-border money transfers. This process helps determine the level of scrutiny required for different users and transaction types.
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As part of its customer due diligence (CDD) efforts, Hurupay verifies user identities, monitors transaction behavior, and applies enhanced Know Your Customer (KYC) checks where necessary. These steps are essential to detect suspicious activity early and ensure that only legitimate transactions are processed.

To strengthen our defense against money laundering, Hurupay Inc uses enhanced KYC procedures supported by advanced technology partners.

We work with Persona, a leading identity verification platform, to handle document verification, facial recognition, and liveness checks. For added security, we also use Archer to verify government-issued identity cards against official government databases, ensuring authenticity and compliance.
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Hurupay further categorizes customers based on their expected transaction volume. Users who plan to transact larger amounts are required to provide additional documentation, such as proof of income or source of funds. We also collect information about each user’s occupation and purpose of transfer to better assess transaction risk and apply appropriate monitoring.

These layered KYC measures help ensure that every user on our platform is properly vetted, and every transaction is legitimate, protecting both our customers and the broader financial system.
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At Hurupay Inc., we employ advanced monitoring systems to detect and prevent potential money laundering and fraudulent activities. Our approach integrates cutting-edge technologies to ensure the integrity of every transaction.

We utilize Blanc, an intelligent compliance automation platform, to oversee transaction activities. Blanc's capabilities include real-time transaction monitoring, fraud detection, and case management. Its machine learning algorithms analyze transaction patterns, volumes, and frequencies, enabling us to identify anomalies and flag suspicious behaviors promptly.
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Complementing this, we leverage Archer, a comprehensive risk management solution, to establish and manage AML rule sets. Archer allows us to define and enforce compliance policies, integrate with external transaction monitoring systems, and maintain a centralized risk catalog. This integration enhances our ability to assess risks and respond to potential threats effectively.

Our monitoring framework includes:

Hurupay supports payments from a wide range of reputable freelance and gig platforms, including Upwork, Fiverr, Payoneer, Deel, PayPal, Wise, Venmo, Stripe, and Airbnb. These platforms are commonly used by our users to receive earnings for freelance services, rentals, or contract work. However, to uphold AML compliance and minimize the risk of financial misuse, Hurupay enforces a cap on third-party transactions, limiting them to $1,000. Any third-party payment, particularly one not made in the account holder’s name, is subject to manual review by our compliance team. In such cases, users may be asked to provide additional documentation, such as contracts or payment proofs, to validate the source and purpose of the funds. This process ensures that all large payments are legitimate, well-documented, and compliant with regulatory standards.

To maintain the integrity of our platform and comply with global AML standards, Hurupay does not support certain types of transactions that pose higher risks of fraud, identity mismatch, or unverified fund origins. Specifically, wire transfers that do not match the user’s Hurupay USD account name are not accepted. Similarly, ACH transfers with partial or inconsistent name matches where the sender's name differs from the account holder's are automatically flagged and may be rejected. Payments from unrelated third parties exceeding $1,000 are not allowed, as they fall outside our acceptable transaction risk threshold. In addition, refunds issued by companies, colleges, or educational institutions, as well as direct payments from academic bodies, are also unsupported. These categories of payments often lack clear service or contractual links to the account holder, making them difficult to verify under AML requirements.
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Users are strongly advised to ensure that all incoming funds are in their name, originate from approved sources, and align with the nature of their account usage. Where there is uncertainty, Hurupay encourages users to reach out to support for clarification before initiating or receiving such transfers. These measures are part of our broader commitment to safe, transparent, and regulation-compliant financial services.

At Hurupay Inc., we recognise that well-informed employees are essential to the success of our Anti-Money Laundering (AML) efforts. That’s why we invest in comprehensive training programs designed to equip our team with the knowledge and tools needed to identify and respond to suspicious activity.

Our training covers:

By cultivating a culture of awareness, compliance, and accountability, Hurupay ensures that every staff member is empowered to play an active role in protecting our platform from financial crime.

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