Protocol: #88.
94
To: Kamal Bhuiyan
Amount of Declaration Contribution: 700.00 EUR
Total Transaction Amount: 84,728.95 EUR
Date: 09.01.2025
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To comply with international and national Anti-Money Laundering (AML) regulations and
ensure the secure processing of your funds, we are required to obtain a 700.00 EUR
contribution from you before completing the declaration for the total withdrawal amount of
84,728.95 EUR. Below, we provide an in-depth explanation of why this contribution is
required and the legal reasons it cannot be deducted directly from the withdrawal amount:
1. Legal Compliance with AML Regulations
According to AML laws and financial regulations, all transactions above certain thresholds
must be subject to detailed verification and declaration processes. This requirement
ensures that funds are sourced from legitimate origins and helps prevent illicit activities.
The 700.00 EUR contribution serves to validate the transaction in compliance with AML
protocols, affirming that the declaration of the full withdrawal amount meets legal
standards.
2. Preservation of Withdrawal Integrity
Withdrawing from the principal amount for fees or contributions directly may compromise
the authenticity of the declared amount. AML regulations mandate that declared funds must
remain unaltered from the originally declared sum (84,728.95 EUR). Therefore, deducting
any fees from this amount could result in regulatory complications and delay the
finalization of the withdrawal.
3. Operational Security for Swift and Compliant Processing
An external contribution ensures that the transaction remains unaltered, allowing for a
seamless, secure, and expeditious transfer of the declared amount. This 700.00 EUR
contribution, to be refunded within 6 hours upon completion, allows the declaration
process to uphold legal requirements without impacting the withdrawal sum.
Why AML Requires a Declaration After the Withdrawal Process Initiation:
AML guidelines necessitate ongoing and post-transaction monitoring to detect and prevent
financial misconduct. In certain cases, transactions can be flagged for further declaration to
ensure compliance with regulatory standards even after withdrawal has been initiated.
We assure you that the 700.00 EUR contribution will be refunded within 6 hours after the
declaration is successfully processed.
_________________________________________________________________________________________________________
Senior Officer _________________
Executive Officer _________________
Client ________________
