BTZ is committed to preventing money laundering, terrorism financing, and other financial crime. This policy summarises our AML/KYC framework.
1. Regulatory framework
We operate in line with the Money Laundering (Prevention and Prohibition) Act 2022, CBN AML/CFT Regulations, and NFIU guidelines.
2. Customer due diligence
We verify customer identity using government-issued ID, NIN and/or BVN. Enhanced due diligence applies to higher-value transactions.
3. Transaction monitoring
All transactions are monitored in real time for suspicious patterns. Alerts are reviewed by our compliance team.
4. Reporting
We report suspicious transactions to the NFIU as required by law. We do not notify customers of such reports.
5. Staff training
All BTZ staff undergo annual AML/CFT training.
6. Contact
Reach our Compliance Team at compliance@btz.ng.