Anti-Money Laundering and Counter-Terrorist Financing Statement

REMITTIX GLOBAL CORPORATION ("AEXchanger", "Company", "We") is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Services Business (Registration No. C10001725) under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), S.C. 2000, c. 17.

Our Commitment

The Company maintains a comprehensive Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) compliance program in accordance with the PCMLTFA, its associated regulations, and applicable FINTRAC guidelines. Our program is designed to prevent, detect, and report money laundering, terrorist financing, and other financial crimes.

Key Compliance Measures

Our AML/CFT program includes the following core elements:

Know Your Client (KYC): All clients are subject to identity verification and due diligence procedures prior to accessing our Services. Verification is conducted in accordance with FINTRAC client identification requirements, including government-issued identification, beneficial ownership disclosure for legal entities, and source of funds/wealth documentation where applicable.

Ongoing Monitoring: We conduct continuous transaction monitoring to detect unusual or suspicious activity. All transactions are screened against applicable sanctions lists, including those administered by Global Affairs Canada under the Special Economic Measures Act (Canada) and the United Nations Act (Canada), and the OFAC sanctions list.

Suspicious Transaction Reporting: We report all required activities to FINTRAC in accordance with the PCMLTFA, including: Suspicious Transaction Reports (STRs); Large Virtual Currency Transaction Reports (LVCTRs) for virtual currency; Electronic Funds Transfer Reports (EFTRs) for international electronic funds transfers of CAD 10,000 or more; and Listed Person or Entity Property Reports (LPEPRs) where the Company identifies property owned or controlled by a sanctioned person or entity).

Travel Rule Compliance: We collect, verify, and transmit originator and beneficiary information for virtual currency transfers in accordance with PCMLTFA Travel Rule requirements and FINTRAC guidance.

Record Keeping: We retain all required records for a minimum of five (5) years following the end of the business relationship, as required under the PCMLTFA.

Sanctions Screening: We screen all clients and transactions against Canadian, UN, OFAC, and UK sanctions lists. We do not provide services to sanctioned persons or entities, or to clients from jurisdictions subject to comprehensive sanctions.

Politically Exposed Persons (PEPs): We apply enhanced due diligence to clients identified as PEPs, their family members, or close associates, as defined under FINTRAC guidelines.

Staff Training: All personnel with AML/CFT responsibilities receive regular training on applicable obligations, red flags, and internal procedures.

Compliance Officer: The Company has designated a Compliance Officer responsible for developing, implementing, and overseeing the AML/CFT compliance program, ensuring timely and accurate regulatory reporting to FINTRAC, and maintaining the Company's compliance with all applicable obligations under the PCMLTFA and associated regulations.

Risk-Based Approach and Effectiveness Review: The Company applies a risk-based approach to all AML/CFT controls, calibrating the level of due diligence and monitoring to the assessed ML/TF risk of each client, product, and jurisdiction. The compliance program is subject to a mandatory effectiveness review at minimum every two years, conducted by a qualified internal or external reviewer, in accordance with FINTRAC requirements.

Restricted Jurisdictions

The Company does not provide Services to clients from jurisdictions listed in Section 12 of the Client Agreement, or to any person or entity subject to applicable Canadian or international sanctions. A current list of Restricted Territories is maintained in the Client Agreement available on the Website.

Fraud Prevention

The Company maintains a dedicated fraud prevention framework integrated into its AML/CFT compliance program. Our approach to fraud prevention includes the following measures:

Transaction Risk Scoring: Every transaction is automatically assessed using risk-scoring tools that evaluate factors including transaction size, frequency, wallet history, counterparty risk, and behavioral patterns. Transactions that exceed defined risk thresholds are flagged for manual review before processing.

Blockchain Analytics and Wallet Screening: All virtual currency wallet addresses are screened using third-party blockchain analytics tools prior to processing. Wallets associated with illicit activity, darknet markets, mixing services, sanctioned entities, or other high-risk sources are identified and blocked.

Identity Fraud Detection: The Company uses facial recognition technology, liveness checks, and document authenticity verification during client onboarding to detect identity fraud, impersonation, and the use of forged or altered identification documents.

Account Security Controls: Client accounts are protected by multi-factor authentication and session monitoring. The Company monitors for unauthorized access attempts, account takeover indicators, and unusual login behavior.

Social Engineering and Scam Awareness: The Company monitors for transaction patterns consistent with third-party fraud, including romance scams, investment fraud, and authorized push payment scams. Where indicators of client victimization are detected, the Company may pause transactions and contact the client directly.

Internal Fraud Controls: The Company applies staff screening at the hiring stage and conducts periodic reviews of employee activity to detect and prevent insider fraud or misconduct.

Reporting Fraud and Suspicious Activity

The Company encourages clients, partners, and third parties to report suspected fraud, unauthorized transactions, or suspicious activity through the following channels:

Client-facing reports: Clients who suspect unauthorized access to their account or believe they have been a victim of fraud should contact the Company immediately at [email protected]. The Company will investigate and take appropriate action, including account suspension where necessary to prevent further harm.

Regulatory reporting: Where fraud is connected to money laundering, terrorist financing, or sanctions evasion, the Company will file the relevant report with FINTRAC in accordance with its obligations under the PCMLTFA. Where fraud constitutes a criminal offence, the Company may also report the matter to the Royal Canadian Mounted Police (RCMP) or the Canadian Anti-Fraud Centre (CAFC).

Canadian Anti-Fraud Centre (CAFC): Clients who believe they have been targeted by fraud may independently contact the CAFC at 1-888-495-8501 or online at antifraudcentre.ca.

The Company does not guarantee recovery of funds lost to fraud. All completed virtual currency transactions are irreversible once confirmed on the blockchain. Clients are encouraged to verify all transaction details carefully before initiating any transfer.

Contact

For AML/CFT-related enquiries, please contact: [email protected]

REMITTIX GLOBAL CORPORATION 422 Richards Street, Vancouver, BC V6B 2Z4, Canada