AML & KYC policy
FirstFlip is committed to keeping financial crime out of our platform. This policy summarises how we verify customers, monitor activity, screen against sanctions, and cooperate with authorities. It is informational and does not create obligations beyond the law.
Last updated 16 July 2026
1. Our commitment
FirstFlip LTD operates a risk-based anti-money-laundering (AML) and counter-terrorist-financing programme in line with applicable regulations. We would rather turn away business than let our rails be misused.
2. Know Your Customer (KYC)
Every customer is identified and verified before transacting. We use tiered verification — the more you want to do, the more we confirm:
- Identity — government ID and a liveness check confirm you are who you say.
- Contact — a verified email and phone number.
- Source of funds — for higher tiers, evidence of where value comes from.
3. Ongoing monitoring
We monitor activity for patterns that do not fit a customer's profile — unusual size, speed or structure. Where something looks wrong, we may request more information, pause activity, or decline it.
4. Sanctions and restricted regions
We screen against applicable sanctions lists and do not operate in sanctioned territories. Access may be declined based on your location, and attempts to disguise location are grounds for closure.
5. Record-keeping
We keep verification and transaction records for the periods the law requires, so activity can be reconstructed and audited if needed.
6. Reporting
Where we are required to, we report suspicious activity to the relevant authorities and cooperate with lawful requests. We may be prohibited by law from telling a customer that a report has been made.
7. Your part
Help us keep FirstFlip clean: give accurate information, use only your own funds and identity, and never move value on behalf of someone trying to stay hidden. Misusing the platform will end your access and may be reported.
Compliance questions? Contact contact@firstflip.ng.