ROSCO TRADING POLICY AND PROCEDURE
Agreement
By accessing and using
ROSCOTRADING.CA (hereinafter
"ROSCO TRADING INTL Ltd. ") web site, you agree
to accept and be bound by
these terms and conditions
(hereinafter "the Terms") as
set out below. As well, you
consent to the monitoring of
your activities while
visiting our site. Any
illegal activities will be
reported to the appropriate
authorities. If you do not
agree to comply with all of
the following, please do not
use this site.
Products & Services
Our products and services,
without exception, are
offered subject to the terms
governing their use in any
applicable agreements, and
subject to any terms,
conditions, restrictions,
limitations of disclaimers
posted in the Site.
Changes to Rates, Services &
Products
Information, offerings and
services provided through
this site may be changed at
any time, without notice.
Posting of change to this
page shall constitute full
and complete notice and
disclosure of applicable
terms and conditions
effective immediately. As a
user of the Site, you agree
to read and review this
posting regularly and that
each use of/or access to the
Site will constitute
complete acceptance of all
currently posted Terms.
Local Jurisdiction
Roscto Trading Intl Itd . complies with local,
provincial and national laws
of Ontario, Canada. The
information posted in this
Site does not constitute an
offer or invitation to buy,
sell or negotiate any
currency, product or
service, to any person in
any jurisdiction where such
offer or invitation may not
legally be made or is not
authorized. We cannot
provide legal information
applicable to all
jurisdictions. Please
consult with your financial
adviser or lawyer.
E-mail Communications
Any unprotected E-mails over
the Internet is subject to
possible interception or
loss, or alteration.
Rosco Trading International
Ltd. is not responsible for,
and will not be liable to
any party for any damages in
connection with any E-mail
sent to or sent by Rosco Trading.
Pricing & Reserved Rights
Price and availability of
all products and services in
this Site are subject to
change without notice. Rosco Trading International
Ltd. reserves the right to
limit quantities, over and
above the order limits
specified in the site.
Money Laundering Prevention
Rosco Trading has developed anti-money laundering policies to ensure that company personnel comply with applicable laws and regulations when engaging in foreign exchange services to clients.
Rosco Trading Intl Ltd. adheres to the International Money Laundering Abatement and Anti-Terrorist Financing Act of 2001 and regulations based on that legislation. The company's anti-money laundering policies and procedures are designed to meet the requirements of the legislation by minimizing the opportunity for customers to engage in money laundering activities through transactions in the Forex markets.
What am I asked to do?
You may find that you are
asked to confirm your
identity and other personal
details.Rosco Trading has
established special
verification systems
involving your bank account
or payment card to prove
your identity. To safeguard
the integrity of our payment
system, your Rosco
International Ltd. account
may also be subject to
periodic transaction limits
depending on your user
status.
When?
You could be asked to
confirm your identity
whether you are applying to
be a new customer or have
been a customer for some
time. While our identity
verification systems are
designed to minimize any
inconvenience to you, the
verification process may
take several days to
complete.
Why?
Crime and terrorism needs
cash. Criminals turn the
"dirty" cash made from drug
trafficking, smuggling, and
robbery into clean money by
using false identities or
taking the names of innocent
people - like you. Making
sure that people are who
they say they are is
essential in the fight
against crime and terrorism.
This does not mean in any
way that suspicion is
falling on you. Any
information about your
identity is held
confidentially and will help
stop your identity being
used falsely.
Who is involved?
Government and all
organizations involved in
financial services, are all
are united in their
determination to stop the
spread of financial crime as
part of the international
effort to crack down on
financial crime - protecting
us all against crime and
terrorism.
Your co-operation is vital
to the successful fight
against crime and terrorism.
Your co-operation is vital to the successful fight against crime and terrorism.
- We may be required to verify your identity and address.
- We are required to keep full records of all transactions together with identification provided.
- We are required to monitor any unusual or suspicious transactions of any size.
- We have a legal obligation to report to the government of Canada any suspicious transaction.
Identification Requirments:
In accordance with
Canadian Federal Law,
identification must be
presented of all cash
transactions equal to or
exceeding $3000 Canadian
Dollars in value. Acceptable forms of
identification include
passport, driver's license,
birth certificate, permanent
resident card, or similar
government issued
identification. Ontario
Health card can not be
accepted. All identification
must be current and original
(no photocopies). Credit
Cards are not considered
proper identification. Furthermore, all cash
transactions equal to or
exceeding $10,000 Canadian
Dollars, must include a
declaration completed by the
customer. For a complete description of the Financial Transactions and Reports Analysis and Canadian
Federal Law requirements
please visit FINTRAC (The
Financial Transactions and
Reports Analysis Centre of
Canada) Website at:
http://www.fintrac.gc.ca/intro_e.asp
Who Is FINTRAC:
The Financial Transactions and Reports Analysis Centre of Canada, or FINTRAC, is Canada's financial intelligence unit, a specialized agency created to collect, analyze and disclose financial information and intelligence on suspected money laundering and terrorist activities financing . Created in July 2000, the Centre is an integral part of our country's engagement in the global fight against money laundering and the financing of terrorist activities.
Rosco Trading is fully committed to protecting the privacy and confidentiality of your personal information in order to provide you with the services you have requested and to determine whether you meet the criteria of the service which you have selected.
Privacy Policy
We are committed to protecting your privacy. We will only use the information that we collect about you lawfully. Rosco Tradingl will not pass your details to any third party that does not have a legal right to request access to such data. Your privacy is considered in all aspects of our business. We maintain systems to protect the security of your information and to protect your information from unauthorized access.
