AML Policy

Neobyt Fintech Private Limited ("Neobyt", "Company", "we", "our", or "us") is committed to supporting responsible use of its platforms and services and maintaining operational practices intended to help prevent misuse of the Services for unlawful, fraudulent, or prohibited activities, including money laundering, financial fraud, identity misuse, and other illegal activities.

This Anti-Money Laundering ("AML") Policy outlines Neobyt's general approach towards onboarding, operational monitoring, risk review, and ecosystem cooperation across its platforms and services.

1. Scope

This Policy applies to all users, merchants, agents, distributors, API users, business partners, and other participants accessing or using Neobyt platforms and services.

2. Responsible Platform Usage

Users may not use Neobyt Services for unlawful financial activity, fraudulent or deceptive practices, identity misuse or impersonation, unauthorized transactions or fund movement, suspicious or prohibited commercial activity, or activities prohibited under applicable law.

Neobyt reserves the right to review, restrict, suspend, terminate, or decline access to Services where suspicious, abusive, fraudulent, prohibited, or high-risk activity is identified or reasonably suspected.

3. Verification & Operational Review

Neobyt may undertake reasonable onboarding, verification, monitoring, or operational review measures depending on service type, transaction activity, operational risk, ecosystem participation, or partner requirements.

Such measures may include identity or business verification, document review, transaction review, additional information requests, temporary restrictions, or account review processes.

Neobyt reserves the right to delay, restrict, suspend, decline, or review access to certain Services, transactions, or operational activities where reasonably necessary to support platform integrity, operational review, fraud prevention, ecosystem requirements, or compliance-related considerations.

4. Monitoring & Risk Management

Neobyt may undertake operational monitoring activities intended to identify potentially suspicious, abusive, fraudulent, or prohibited activities across its platforms and ecosystem.

Monitoring and review practices may include analysis of unusual transaction activity, irregular operational patterns, onboarding anomalies, settlement or payment irregularities, suspected fraud indicators, or ecosystem misuse patterns.

5. Cooperation with Ecosystem Participants & Authorities

Neobyt may coordinate or cooperate with banking institutions, payment service providers, regulated financial entities, ecosystem partners, lawful authorities, or fraud prevention agencies where reasonably required for fraud prevention, dispute handling, operational review, legal compliance, or platform integrity purposes.

6. Operational Dependencies

Neobyt operates through integrations and ecosystem relationships involving banking institutions, payment service providers, regulated entities, technology providers, and third-party infrastructure operators. Certain verification outcomes, transaction reviews, restrictions, or operational actions may therefore depend on external ecosystem participants and systems beyond Neobyt's direct control.

7. Operational Records

Neobyt may maintain onboarding records, transaction logs, operational records, verification information, and support-related information for periods considered reasonably necessary for operational continuity, fraud prevention, dispute handling, security review, legal compliance, or ecosystem requirements.

8. User Responsibilities

Users are expected to:

• provide accurate and complete information;
• cooperate with reasonable verification requests;
• avoid misuse of Services;
• promptly report suspicious or unauthorized activity;
• and comply with applicable laws and platform policies.

9. Policy Updates

Neobyt may update this Policy periodically to reflect operational, legal, regulatory, ecosystem, or technology-related changes. Updated versions of this Policy will be published through the official Neobyt website or applicable platform channels.