Bivex1 is committed to the highest standards of Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance in accordance with FIU-IND guidelines.

1. Verification Requirements

Traders in the Erode cluster must provide valid Proof of Identity (Aadhaar/PAN) and undergo Video Verification before participating in P2P trades exceeding ₹50,000.

2. Suspicious Activity Reporting (STR)

Our Teecoo-powered monitoring engine flags unusual patterns. Any attempt at "layering" or "smurfing" will be reported to the Financial Intelligence Unit - India.

3. Sanctions Screening

Bivex1 screens all users against global and national watchlists. We do not provide services to politically exposed persons (PEPs) or individuals on the SEBI/RBI debarred lists.