AML Policy

Anti-Money Laundering Policy - Last updated: February 2026

Commitment

Crestmont Bank is committed to the highest standards of Anti-Money Laundering (AML) compliance. We actively monitor, detect, and report suspicious activities in accordance with international regulations and FATF recommendations.

Transaction Monitoring

All transactions are screened in real-time against global sanctions lists (OFAC, EU, UN), PEP databases, and adverse media sources. Automated algorithms flag unusual patterns for manual review by our compliance team.

Reporting

Suspicious Activity Reports (SARs) are filed with the relevant Financial Intelligence Unit (FIU) as required by law. We maintain comprehensive records of all transactions and compliance activities for a minimum of 10 years.