AML & KYC statement
Last updated: 6 September 2026
How the service is structured
ValidWallet is a non-custodial wallet application. Private keys are generated on the user's device and never transmitted to us. We do not hold, control, transmit or exchange customer funds, and we do not operate as an exchange or a money transmitter within the app.
Where regulated activity happens
Buying and selling crypto for local currency, and cross-chain instant exchange, are performed by licensed third-party providers integrated into the app. The user transacts directly with that provider, under the provider's own terms. Each provider runs its own KYC, sanctions screening and transaction monitoring in line with its licences. Where a provider requires identity verification, the user completes it with that provider — we neither collect nor store identity documents.
Our controls
- We integrate only providers that are registered or licensed for the corridors they serve, and we keep evidence of that onboarding.
- Provider API credentials are held by the operator and configured through an access-controlled admin panel; they are not embedded in the published app.
- Feature availability by country is controlled centrally, so a corridor can be switched off immediately if a provider or regulator requires it.
- We publish clear fee and risk disclosures in the app before a transaction is confirmed, and every transfer requires explicit user confirmation plus device biometrics.
- We do not offer custody, lending, yield products or fiat accounts.
Sanctions and prohibited use
Use of the service is prohibited by persons or entities subject to applicable sanctions, and for money laundering, terrorist financing, fraud or any other unlawful purpose. Payment providers screen transactions against sanctions lists and may refuse or reverse a transaction accordingly.
Information requests
Because the wallet is non-custodial, we do not hold balances, transaction histories or identity data that would let us identify a user. Requests from providers, partners or competent authorities can be sent to Zifac270@gmail.com; we respond with the information genuinely available to us and direct requests about a specific fiat transaction to the provider that executed it.
Operating entity
Company registration is in progress. Registered name, company number and address will be published here on completion, and will be provided directly to payment partners as part of their onboarding.