Dedicated to Security: ICL Markets’s Advanced Anti-Fraud Strategies
ICL Markets is unwavering in its opposition to fraud, identity theft, and any deceptive conduct. Our rigorous enforcement of Know Your Customer (KYC) guidelines highlights our commitment to deterring these illicit acts. Implementing KYC checks, similar to those utilised by banks and financial entities, stands as our primary defence against fraud, money laundering, and terrorism financing. Accounts implicated in such offences will be promptly closed and their funds forfeited.
Proactive Data Protection Initiatives
Your personal information’s privacy and security are of utmost importance to us. We utilise state-of-the-art security measures and anti-fraud technologies to safeguard your account information, transaction data, and other sensitive details. For the verification of electronic transactions, such as deposits, we require the provision of certain documents.
Necessary KYC Documents for Deposit Confirmation:
Identity Verification:
A clear, colour copy of your valid passport with the photo and signature visible, or a colour copy of a valid government-issued photo ID (showing both sides).
Debit/Credit Card Verification:
A colour photo of your card displaying only the first 6 and last 4 digits on the front, and on the back, with the CVV and middle digits covered. Your signature should be visible.
Proof of Residence:
A recent utility bill, local authority tax bill, or bank statement (within the last 3 months), in colour, showing your name as it appears on your ID, to be sent to [email protected].
Timeliness in Submitting Documents
We encourage the prompt submission of these documents to avoid any transaction processing delays. While some account functionalities might be accessible without these documents, certain transactions or deposits will require them. Failure to provide the necessary documentation may lead to withdrawal cancellations and system alerts.
Guidelines for Document Submission
- Documents should be scanned or taken with a high-resolution camera, saved in JPEG format, and sent to [email protected].
- Ensuring Document Safety: All documents provided are encrypted and stored securely in individual client folders. Protecting your information remains our highest priority.
Consequences of KYC Non-Compliance
Maintaining our strict security standards and complying with KYC requirements are critical for secure and accurate fund processing. Any misuse of our services, signified by non-compliance, will result in a weekly 5% charge under these conditions:
- Within 5 business days from the initial deposit for document submission.
- Within 3 business days after any additional deposits for Declaration of Deposit submission.
Your cooperation is essential in preserving a secure and reliable trading environment at ICL Markets.