Anit Money Laundering

The fight against money laundering is a priority for Prabhu Money Transfer Pvt. Ltd. We, at Prabhu Money Transfer (PMT) recognize that the fight against money laundering is a team effort. We support the major international organizations, which collectively set and enforce standards for anti-money laundering policies and programs such as FATF, UN, EU, The organization of American States – The Office of Foreign Assets Control (OFAC) and the Local Regulatory Authority. These organizations are increasingly insistent that compliance be assessed in terms of implementation and not simply concurrence with the policy standards or guidelines established.

PMT prohibits remittances to charitable, religious and social organizations and societies.

Our co-operation to our regulators is in it's entirely wherein we aim to maintain the highest operating standards to safeguard the interest of our customers, our shareholders, our staff and the communities where we operate. In conducting business with due skill, care and diligence, PMT seeks always to comply with both the letter and spirit of relevant laws, rules, regulation, codes and standards of good practice. We aim to promptly address any irregularities that may arise, as we believe in transparency in our financial and regulatory reporting with swift disclosure of any breaches. The Three basic tenets of Anti Money Laundering i.e., Know Your Customer (KYC), Source of Funds and End Use/destination of funds .

Anti Money Laundering – Policy and Procedures

- The maximum limit per transaction is fixed

- All the restrictions of the various monetary authorities will apply in the sending and receiving countries

- A strong compliance system ensures automatic rejection of the names of all the -terrorists and terrorist organizations in the system

Customer Du-diligence and KYC policy

- Customer Data maintained at least for 6 years

- Trained staff deployed in the counter

Appropriate Training to Staffs

Staffs have been trained on all matters pertaining to Money Laundering & Terrorist Financing.

Training has been given in line with their responsibilities.

Corporate Office

NEPAL OFFICE
Prabhu Money Transfer
Prabhu Complex, Lainchour, Kathmandu.
Tel: 977- 01-4442549, 4442561, 4437851, 4429257
Fax: 977-01-4438835, 4438837
Toll Free: 16600-144444 (for Nepal)
E-mail:prabhux@mail.com.np, support@prabhumoneytransfer.com.np

USA OFFICE
Prabhu Group Inc .
37-15, 73rd Street, Bangaldesh Plaza, Jackson Heights, NY 11372.
Tel: 7186516060
Fax : 7186516080
E-Mail: prabhugroupus@gmail.com

MALAYSIA OFFICE
Prabhu Money Transfer SDN. BHD.
No.14&16 A, Jalan Hang Kasturi,
Central Market, 50050 Kuala Lumpur
Tel: 32026 8786, 32026 9786
Fax : 32026 9786
E-Mail: info@prabhumoneytransfer.com.my