What happens if a customer’s name appears on sanctions list ?

If a customer name is matched with a name on a sanction list ,further checks will be needed to determine whether it is a true match. In case of a true match or suspicion of a proscribed / designated person, following action have to be taken by ACM

  • Freeze without delay the customer’s fund and assets or block the transaction and will perform all duties in accordance of relevant laws & regulation immediately.