Anti-Money Laundering (AML) Policy

1. Scope

Vibkings Suite is a business management platform: businesses subscribe to use it for their own inventory, sales, and cashflow management. We are not a bank, payment processor, or money transmitter, and we do not hold customer funds on behalf of third parties. This policy covers the parts of our business where financial exposure exists — namely, subscription billing (via our payment providers) and commission payouts to marketing partners through Staff Registry.

2. Customer Due Diligence

Before a business can subscribe to a paid plan, we require:

• A valid business name and contact details, provided at registration
• A valid email address, verified through our sign-up process
• Payment through one of our approved processing partners (see Section 5), each of which performs its own identity and payment verification checks

For marketing partners registered through Staff Registry who receive commission payouts, we additionally require valid bank account details in the partner’s own name before any payout is released, and we do not process payouts to third-party or unverified accounts.

3. Ongoing Monitoring

We monitor account activity for patterns that may indicate misuse, including (but not limited to):

• Repeated failed payment attempts followed by a change in payment method or details
• Referral or commission activity that appears artificially generated (see our Terms of Service, Section 7, on marketing partner conduct)
• Requests to change payout or billing details shortly before or after a large transaction
• Any activity flagged to us by our payment processing partners as suspicious

4. Red Flags We Watch For

Examples of activity we treat as warranting closer review:

• A business or marketing partner providing inconsistent or apparently false identity or bank details
• Unusual urgency around payment, refunds, or payout timing without clear business justification
• Attempts to structure referrals or transactions to stay just under a threshold that would otherwise trigger review
• Any request that a payout be split across, or sent to, an account not belonging to the registered partner or business

5. Payment Processing Partners

We do not process card payments or bank transfers directly. Subscription payments are handled by Flutterwave, a licensed payment service provider that performs its own Know Your Customer (KYC) and AML checks on transactions passing through its platform. Where cryptocurrency (USDT) is offered as an alternative payment method, transactions are processed on-chain and are independently traceable on the relevant public blockchain.

We rely on these partners’ own compliance programs for transaction-level AML screening, and we cooperate with them where additional information is requested about a specific business or transaction on our platform.

6. Reporting and Escalation

Where we identify activity that raises a genuine concern under this policy, we will:

• Place a temporary hold on the account or payout in question while we review it
• Request additional information or documentation from the business or individual concerned
• Where warranted, suspend or terminate the account in line with our Terms of Service
• Cooperate with our payment processing partners, and with law enforcement or regulatory authorities where legally required, in connection with a specific investigation

As a sole-operator business, escalations under this policy are reviewed directly by Vibkings Global Limited’s founder.

7. Record Keeping

We retain account registration information, subscription and payment records, and marketing partner payout records for as long as reasonably necessary to meet our own recordkeeping obligations and to respond to any future inquiry from a payment partner or regulator. See our Privacy Policy for how this data is otherwise handled.

8. Staff Awareness

As Vibkings Global Limited grows beyond its current sole-operator structure, any individual granted administrative access to billing, payouts, or account verification will be made aware of this policy and their responsibility to escalate any activity of concern rather than act on it unilaterally.

9. Changes to This Policy

We may update this policy from time to time to reflect changes in our operations, our payment partners’ requirements, or applicable law. The “Last updated” date above reflects the most recent revision.

10. Contact Us

If you have questions about this policy, or wish to report suspected misuse of the platform, contact us at billing@vibkings.com.

Vibkings Global Limited (RC-9681022)
Oke Ado Sabo, Opposite Item 7 Timothy Ayoade Ola House, Ogbomoso, Oyo 210271, Nigeria.