KYC & AML
Anti-Fraud and Anti-Money Laundering (AML) Policy
At Design Travel, we are committed to protecting the integrity of our operations, ensuring transparency, and safeguarding our customers against fraudulent and money laundering activities, in compliance with the regulations of the Travel Industry Council of Ontario (TICO) and international standards.
Key principles of our AML policy:
• We do not establish business relationships with individuals, organizations, or entities linked to criminal or terrorist activities.
• We do not process or facilitate transactions derived from illicit activities.
• We ensure that all our processes strictly comply with anti-money laundering (AML) and due diligence (KYC, Know Your Customer) regulations.
Verification and Control Procedures
All Design Travel customers must complete a verification process to confirm their identity before conducting any transactions:
- Official identification document (passport, national identity card, driver's license, or equivalent).
- Up-to-date address and contact information.
- Additional information if needed to assess risk.
For companies or legal entities:
- Company name, registration number, incorporation details, and contact information.
- Information about authorized representatives.
- Payment details, bank account information, and other relevant data.
Transaction monitoring
At Design Travel, we are committed to protecting the integrity of our operations, ensuring transparency, and safeguarding our customers against fraudulent and money laundering activities, in compliance with the regulations of the Travel Industry Council of Ontario (TICO) and international standards.
Key principles of our AML policy:
• We do not establish business relationships with individuals, organizations, or entities linked to criminal or terrorist activities.
• We do not process or facilitate transactions derived from illicit activities.
• We ensure that all our processes strictly comply with anti-money laundering (AML) and due diligence (KYC, Know Your Customer) regulations.
Verification and Control Procedures
All Design Travel customers must complete a verification process to confirm their identity before conducting any transactions:
- Official identification document (passport, national identity card, driver's license, or equivalent).
- Up-to-date address and contact information.
- Additional information if needed to assess risk.
For companies or legal entities:
- Company name, registration number, incorporation details, and contact information.
- Information about authorized representatives.
- Payment details, bank account information, and other relevant data.
Transaction monitoring
Design Travel continuously analyzes transactions to detect suspicious or unusual activity. If a risk is identified, we reserve the right to:
• Request additional information or documents.
• Suspend or close accounts until verifications are completed.
• Retain records for a minimum period of ten (10) years, in accordance with applicable regulations.
Regulatory Compliance
Our AML compliance team is responsible for:
• Monitoring activities and updating our policies and procedures.
• Creating and maintaining secure records of identity and transactions.
• Responding to formal requests from competent authorities within the legal framework.
• Conducting regular analyses of risks associated with clients and transactions.
Commitment to Transparency and Security
At Design Travel, we implement measures proportionate to the level of risk identified, prioritizing resources and efforts to ensure that all activities comply with the highest standards of security and legality.
If you have any questions, concerns, or wish to report any suspected fraud, please contact us immediately:
help@designtravel.com
Online chat available at www.designtravel.com
Mailing address: Design Travel, 20-4801 Keele Street, North York, M3J 3A4, Ontario, Canada.
• Request additional information or documents.
• Suspend or close accounts until verifications are completed.
• Retain records for a minimum period of ten (10) years, in accordance with applicable regulations.
Regulatory Compliance
Our AML compliance team is responsible for:
• Monitoring activities and updating our policies and procedures.
• Creating and maintaining secure records of identity and transactions.
• Responding to formal requests from competent authorities within the legal framework.
• Conducting regular analyses of risks associated with clients and transactions.
Commitment to Transparency and Security
At Design Travel, we implement measures proportionate to the level of risk identified, prioritizing resources and efforts to ensure that all activities comply with the highest standards of security and legality.
If you have any questions, concerns, or wish to report any suspected fraud, please contact us immediately:
help@designtravel.com
Online chat available at www.designtravel.com
Mailing address: Design Travel, 20-4801 Keele Street, North York, M3J 3A4, Ontario, Canada.