Regulatory compliance is at the heart of Lexpro Exchange. We maintain a rigorous Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) program to ensure that every transaction is legal, transparent, and secure. Our compliance efforts protect our customers, our business, and the financial system. We want regulators and customers alike to see our compliance as a core strength of our company.
Designed for trust, transparency, and total peace of mind.
Know Your Customer (KYC)
We verify each customer’s identity through reliable documentation and electronic checks. Using ID Fox verification technology, we ensure that every user is properly identified before transacting. This prevents anonymous transfers and helps keep bad actors out.
Sanctions & PEP Screening
All customers and transactions are screened against international sanctions lists and Politically Exposed Persons (PEP) lists. Our system (powered by Ellisa) automatically flags any individual or entity that appears on restricted lists, ensuring we don’t facilitate prohibited transactions.
Transaction Monitoring
Every transfer is monitored in real time for unusual patterns or red flags. Our advanced Ellisa platform uses data intelligence and pattern recognition to detect potential fraud or money laundering attempts with high accuracy (over 84% detection accuracy). If something doesn’t look right, our compliance team reviews it promptly
AUSTRAC Reporting
Lexpro Exchange is registered with and reports to AUSTRAC, Australia’s financial intelligence agency. We submit required reports, such as Threshold Transaction Reports and Suspicious Matter Reports, through automated, error-free processes. This means we stay in full compliance with Australian law, and any suspicious activity is duly reported to authorities.
Staff Training & Audit
Our team undergoes regular AML/CTF training to stay current on regulations and best practices. We also perform periodic independent audits of our compliance program to identify improvements. This proactive approach keeps our controls effective and up-to-date.
Customer Data Protection
Compliance goes hand-in-hand with privacy. All personal data collected for KYC and transaction purposes is handled in accordance with our Privacy Policy and Australian privacy regulations. We protect sensitive information through encryption and secure storage, ensuring it’s used only for legitimate compliance needs.
By enforcing these measures, Lexpro Exchange creates a secure environment for your money transfers. We believe that a strong compliance culture is a competitive advantage – it allows us to operate with trust and stability. When you choose Lexpro Exchange, you choose a provider that takes its legal and ethical obligations seriously. Your transfers are in safe hands, every time.
