AML / KYC Policy - PETree. Turn trees into green investments

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AML — Anti-Money Laundering

KYC — Know Your Customer

AML / KYC Policy Policy

Petree.pro is committed to preventing financial crime, money laundering, and the financing of illegal activities. This policy outlines our obligations and your responsibilities as a user of our platform.

Last updated March 24, 2026

Introduction

Petree.pro operates a marketplace that facilitates payments between users, payouts to sellers, and international transactions. As a platform that processes financial operations, we are subject to anti-money laundering (AML) regulations and are committed to maintaining the highest standards of financial integrity.

This AML/KYC Policy describes the measures we take to prevent the use of our platform for money laundering, terrorist financing, fraud, or any other illicit financial activity. It applies to all users, sellers, and service providers on Petree.pro.

🏛️ This policy is governed by the Law of Ukraine "On Prevention and Counteraction to Legalization (Laundering) of Proceeds from Crime, Financing of Terrorism and Financing of Proliferation of Weapons of Mass Destruction," as well as applicable EU AML Directives and FATF Recommendations.

Scope & Applicability

This policy applies to:

All registered users of Petree.pro, regardless of their location
All sellers, breeders, and service providers operating on the platform
Any individual or entity conducting financial transactions through our platform
Petree.pro employees, contractors, and partners involved in financial operations

This policy covers all financial activities on the platform, including peer-to-peer payments between users, seller payouts, subscription fees, and cross-border transactions.

⚠️ All users must complete identity verification (KYC) before conducting any financial transaction on Petree.pro. Access to payment features will be restricted until verification is successfully completed.

KYC Verification Process

All users are required to complete identity verification before accessing payment features on Petree.pro. The KYC process consists of the following steps:

Account Registration

Create your Petree.pro account with a valid email address and basic profile information.

Identity Document Submission

Upload a government-issued photo ID (passport, national ID card, or driver's licence). The document must be valid, clearly legible, and show your full name and date of birth.

Proof of Address

Submit a recent utility bill, bank statement, or official correspondence dated within the last 3 months that confirms your residential address.

Liveness Check

Complete a short selfie or biometric check to confirm that the person submitting the documents matches the identity document provided.

Review & Approval

Our compliance team reviews your submission. Standard verification is completed within 1–3 business days. You will be notified by email of the outcome.

                Enhanced due diligence (EDD) may be required for high-value transactions, users flagged by risk
                screening, or accounts operating in higher-risk jurisdictions. In these cases, additional documentation
                may be requested.
            

Required Documents

The following documents are accepted for KYC verification. All documents must be valid (not expired) and submitted as clear, unobstructed photographs or scans.

🛂

Passport

International passport — photo page required. Accepted worldwide.

🪪

National ID Card

Government-issued national identity card with photo. Both sides required.

🚗

Driver's Licence

Valid driver's licence with photo. Both sides required. Not accepted in all regions.

🏠

Proof of Address

Utility bill, bank statement, or tax document — dated within the last 3 months.

🏢

Business Registration

Required for legal entities. Certificate of incorporation and director ID.

💳

Bank Statement

May be requested for enhanced due diligence or high-value transaction verification.

ℹ️ Documents must be submitted in their original language. If documents are not in English or Ukrainian, a certified translation may be required.

Risk-Based Approach

Petree.pro applies a risk-based approach to customer due diligence. Users and transactions are assigned a risk level that determines the level of scrutiny applied:

Risk Level	Criteria	Due Diligence
Low	Individual users with verified identity, low transaction volumes, domestic transactions	Standard KYC — ID and address verification
Medium	Sellers with moderate transaction volumes, international payments, new accounts with high activity	Enhanced KYC — additional documentation and source of funds declaration
High	High-value transactions, users from high-risk jurisdictions, PEPs (Politically Exposed Persons), multiple flagged transactions	Enhanced Due Diligence (EDD) — manual review, source of wealth verification, ongoing monitoring

Risk levels may be updated over time based on changes in user behaviour, transaction patterns, or updates to international sanctions lists.

Transaction Monitoring

Petree.pro continuously monitors transactions on the platform to detect unusual or suspicious activity. Our monitoring systems flag transactions that meet certain criteria, including:

Transactions that are unusually large or inconsistent with a user's typical activity pattern
Multiple rapid transactions to or from different users in a short time period
Transactions involving jurisdictions subject to international sanctions or high-risk classifications
Repeated failed payment attempts followed by successful high-value transactions
Unusual patterns that may indicate structuring (splitting large amounts into smaller transactions to avoid thresholds)
Transactions where the payer and recipient appear to be the same person using different accounts

🔍 Transactions above UAH 150,000 (or equivalent in foreign currency) are subject to mandatory financial monitoring in accordance with Ukrainian law. Users may be required to provide documentation confirming the source of funds for such transactions.

Prohibited Activities

The following activities are strictly prohibited on Petree.pro and will result in immediate account suspension and reporting to relevant authorities:

Using the platform to launder proceeds from criminal or illegal activity
Financing terrorism, extremist organisations, or activities related to weapons proliferation
Providing false or misleading identity information during the KYC process
Conducting transactions on behalf of sanctioned individuals, entities, or countries
Using the platform to conduct illegal animal trade or transactions that violate CITES regulations
Structuring transactions to evade AML reporting thresholds
Operating multiple accounts to circumvent transaction limits or monitoring
Using stolen, fraudulent, or unauthorised payment methods

⚖️ Petree.pro is legally obligated to report any suspected money laundering or terrorist financing activity to the State Financial Monitoring Service of Ukraine (SFMS) and other competent authorities. Users engaged in prohibited activities may face criminal prosecution.

Suspicious Activity Reporting

Petree.pro has designated a Compliance Officer responsible for overseeing the implementation of this AML/KYC Policy and managing suspicious activity reports (SARs).

When suspicious activity is detected, our compliance team will:

Conduct an internal investigation without alerting the user (tipping-off prohibition)
File a Suspicious Activity Report (SAR) with the State Financial Monitoring Service of Ukraine where required
Temporarily freeze or restrict the relevant account and transactions pending investigation
Cooperate fully with law enforcement and regulatory authorities
Maintain confidentiality of all reports and investigations as required by law

🔒 In accordance with applicable law, we are prohibited from informing a user that a suspicious activity report has been filed concerning their account (the "tipping-off" prohibition).

Data Retention

In accordance with AML regulations, Petree.pro retains KYC and transaction records for the periods specified below:

Data Type	Retention Period	Legal Basis
KYC identity documents	5 years after account closure	AML Law of Ukraine, Art. 6
Transaction records	5 years after transaction date	AML Law of Ukraine, Art. 8
Suspicious Activity Reports	5 years after filing	Regulatory obligation
Risk assessment records	5 years after last assessment	Internal compliance policy
Correspondence with authorities	10 years	Legal proceedings compliance

After the applicable retention period, records are securely and permanently deleted in accordance with our data destruction procedures. Retained data is processed solely for AML compliance purposes and is not used for commercial or marketing activities.

International Transactions

Petree.pro facilitates cross-border payments and international transactions. All international financial operations are subject to additional scrutiny and the following requirements:

Transactions involving countries subject to OFAC, EU, UN, or Ukrainian sanctions are blocked automatically
Users initiating international transactions above applicable thresholds may be required to declare the source of funds
Payments to or from high-risk jurisdictions identified by the FATF (Financial Action Task Force) are subject to enhanced monitoring
All cross-border payouts to sellers are processed only after successful KYC verification
Currency conversion and international transfers comply with the National Bank of Ukraine's foreign exchange regulations

                Petree.pro screens all users and transactions against international sanctions lists, including OFAC SDN,
                EU Consolidated List, UN Security Council List, and the Ukrainian national sanctions list, in real time.
            

Regulatory Compliance

Our AML/KYC programme is designed to comply with the following regulatory frameworks:

Ukraine — Law of Ukraine "On Prevention and Counteraction to Legalization (Laundering) of Proceeds from Crime" (No. 361-IX)
EU — 6th Anti-Money Laundering Directive (6AMLD) and related EU regulations
FATF — Financial Action Task Force 40 Recommendations
GDPR — General Data Protection Regulation (for EU-based users)
OFAC — Office of Foreign Assets Control sanctions compliance

Petree.pro conducts regular internal audits of its AML/KYC procedures and provides ongoing training to employees involved in financial operations and compliance. Our Compliance Officer is responsible for ensuring this policy remains current with regulatory developments.

📋 This policy is reviewed at least annually and updated as needed to reflect changes in applicable law, regulatory guidance, and best practices. The most current version is always available on this page.

Contact Us

If you have questions about this AML/KYC Policy, need assistance with the verification process, or wish to report a concern related to financial crime on the platform, please contact our Compliance team:

Petree.pro — Compliance Officer 🏛️ aml@petree.pro (AML / financial crime reports) 🌐 petree.pro

We aim to respond to all compliance-related enquiries within 3 business days. For urgent matters involving suspected financial crime, please contact us immediately. You may also report suspected financial crime directly to the State Financial Monitoring Service of Ukraine (SFMS) at Official website. If the website is unavailable, please use alternative official government contact methods.