Our risk-based approach to financial-crime prevention and account verification.
Risk-based controls
CasperCard and its service providers may conduct identity, address, source-of-funds, transaction, sanctions, politically exposed person and adverse-media checks where required by law, issuer rules or risk assessment.
Information requests
We may request identification, proof of address, ownership of payment methods or wallets, source of funds or wealth, transaction purpose and supporting documents. Failure to provide satisfactory information may result in delay, rejection, restriction or closure.
Monitoring and reporting
Transactions may be monitored for unusual or prohibited activity. Where legally required, information may be preserved or reported to competent authorities without prior notice. Attempts to structure transactions or evade controls are prohibited.
No guarantee of onboarding
Registration or payment does not guarantee approval, issuance or continued service. Risk and compliance decisions may be made by CasperCard, the card issuer or another regulated provider.
These terms are issued by Spyros Tech Co LTD and should be read together with the card issuer, programme manager and service-provider terms presented during onboarding. For questions, contact info@caspercard.com.