As a Swiss regulated financial intermediary, Bity is required to comply with applicable anti-money laundering (AML) regulations.
As part of this framework, our compliance team may ask you to provide additional information regarding the origin of the funds used in your transactions with us.
Origin of funds information is requested in a risk-based and transaction-driven manner, taking into account factors such as:
the intended transaction volume,
the nature and frequency of the transactions,
and the overall client profile.
Additional information may be required in particular when:
the volume of a planned transaction exceeds what has previously been documented,
there is a change in transaction patterns or activity,
further clarification is needed to ensure that the funds originate from legitimate and lawful sources.
Providing clear and complete information allows us to process transactions efficiently and in line with Swiss regulatory requirements.