8. Enhanced Due Diligence

Enhanced due diligence is applied in situations that present a higher risk of

money laundering. In such cases, additional measures are taken by Imortapay to

verify:

• Identity of the customer

• Identity of the beneficial owner

• Source of wealth or funds involved in the transaction

• Purpose of the transaction

Enhanced due diligence must be applied under the following conditions:

• Unusual transaction volume

• High-risk jurisdiction

• A party to the transaction is a politically exposed person

• Customer is a Politically Exposed Person

• Any situation where a suspicion of money laundering or an increased risk of money laundering is present