ATLANTIC

Atlantic Transfers, LLC is a limited liability company, registered in United States under Georgia License Number 2078927. The company is committed to complying fully with State laws and regulations, the Bank Secrecy Act and related anti-money laundering statutes including the Money Laundering Control Act of 1986, and the USA PATRIOT Act of 2001(the “Act). The Act made it mandatory for all money services businesses (“MSBs”), such as Atlantic Transfers, LLC, to have an effective Anti-Money Laundering (AML) Compliance Program. Our program seeks to prevent the company from being used to facilitate money laundering and terrorist financing.

It is the policy of this company to:

Comply with all state and federal law applicable to money transmission and money services businesses including but not limited to the Bank Secrecy Act (“BSA”) and its implementing regulations, including recordkeeping and reporting requirements, as applicable.
Cooperate fully with law enforcement authorities, in accordance with the applicable law.
Report suspicious transactions and suspicious activities as they are detected to the proper government authorities and in accordance with the applicable provisions of the BSA and to file Suspicious Activity Reports (SAR) and Currency Transaction Reports (CTR).
Implement internal controls to identify and stop the use of our systems and operations for money laundering purposes.
Provide anti-money laundering training to its employees.
Designate a compliance officer role with responsibility for developing and managing all aspects of Atlantic Transfers, LLC’s BSA compliance with anti-money laundering compliance procedures.

Record Keeping

We are required to keep all customers, transactions, and corporate records for a period of five (5) years from the date of the transaction.

Ascertaining Identity

For each reportable transaction, Atlantic Transfers, LLC is required to verify the identity of the individual conducting the transaction (transactor) by using valid government issued photo identification (ID). Acceptable identification documents include a valid driver’s license, government-issued passport, state ID, U.S. military ID (including U.S. military dependent ID), foreign government issued ID card and U.S. alien identification.

Politically Exposed Persons (PEP)

We are required to make PEP determination for transactions that have any ties to politically exposed persons.

Third Party Determination

For certain services, if you are conducting a transaction on someone else's behalf, we are required to obtain information on both parties: you and the person on whose behalf you are conducting the transaction.

Compliance Program

We are required to maintain a compliance program containing adequate policies and procedures in accordance with the applicable regulations.

For more information, refer to FINCEN website: https://www.fincen.gov/financial_institutions/msb/

Scanning Against the OFAC Watchlist

It is our policy to check each transaction against the OFAC watch list. Any matched names are subject to further review by the compliance officer.

Transaction Monitoring

We have adequate controls pertaining to the transaction activity at several instances of the life cycle of a transaction. These controls include:

Client Profiling
Risk Assessment
Client Identification Controls & Validations
Transaction Aggregation Thresholds
Government Reporting Controls & Validations
Possible Structuring Reporting

If you have any questions or concerns about our Anti-Money Laundering and Compliance Programs or would like further information, please contact our customer service at +1 (770) 568-1101 or via email info@atltransfers.com.