AML & KYC POLICY
Last updated 11 September 2026
Exclusive Advisory Services, trading as RandCrypto (“RandCrypto”, “we”, “us”), is an accountable institution under the Financial Intelligence Centre Act, 2001 (FICA), as a licensed Category I Crypto Asset Service Provider (CASP). This means we have a legal duty to help prevent money laundering, the financing of terrorism, and proliferation financing.
Before opening an account or acting for a client, we verify who they are and, where relevant, the ownership and control of an entity, using reliable, independent documentation and sources. This verification happens in the RandCrypto app or directly with the OTC desk, not through this website.
We apply closer scrutiny to relationships and transactions that carry a higher money-laundering or terrorist-financing risk, considering factors such as the client, the product, the channel, and the jurisdictions involved, and we monitor accounts and transactions on an ongoing basis in light of that risk.
Where required by law, we report suspicious or unusual transactions to the Financial Intelligence Centre (FIC). We do not disclose to a client, or to anyone else, that such a report has been made or is being considered.
We keep client identification, verification, and transaction records for the period required by FICA, and make them available to the relevant authorities on lawful request.
Please respond promptly and honestly to any verification request, and keep your account details up to date. Delays in verification can delay or prevent a trade or payout, particularly for OTC transactions.
This page summarises our approach in plain language; it is not our full internal AML/CTF policy. We may update this summary from time to time. Questions can be sent to support@randcrypto.co.za.