This page summarizes Selam's approach to anti-money-laundering (AML) and know-your-customer (KYC) obligations applicable to a U.S.-registered Money Services Business.
Selam LLC, operating as AWASHDIRECT LLC, is registered as a Money Services Business with FinCEN (Registration Number 31000315485316) and is licensed by the State of Washington as a Money Transmitter (License Number 550-MT-151553). We maintain an AML/KYC program designed to comply with the Bank Secrecy Act, FinCEN regulations, applicable state law, and our internal risk-based policies.
Before activating an account, we collect and verify identifying information from each customer. This typically includes:
We may use third-party identity verification providers to confirm the information you provide.
We assess the risk associated with each customer relationship using factors such as geography, expected activity, and source of funds. Enhanced due diligence is applied where appropriate, including for higher-risk customers, jurisdictions, or transaction patterns.
Customers and counterparty information are screened against applicable sanctions lists, including those maintained by the U.S. Office of Foreign Assets Control (OFAC). We do not knowingly provide services to sanctioned individuals, entities, or jurisdictions.
Customer activity is monitored for indicators of unusual or suspicious behavior using both rules-based and analyst-driven review. Suspicious activity is escalated for investigation in line with our internal procedures.
We file Currency Transaction Reports (CTRs), Suspicious Activity Reports (SARs), and other reports with applicable authorities as required by law. We do not disclose to customers when a SAR has been filed.
We retain customer identification records, transaction records, and compliance records for the periods required by U.S. law and applicable state regulations.
Our personnel receive periodic AML/KYC training appropriate to their roles, and our program is subject to periodic independent review to assess design and effectiveness.
We may decline, delay, or limit a transaction or close an account where required by law, where information cannot be verified, or where our risk policies indicate that the relationship cannot be supported. Services may not be available in all U.S. states or jurisdictions.
You can independently verify our regulatory registration through:
Questions or concerns regarding our AML/KYC program can be sent to admin@selam.llc or by mail to: Selam LLC, 1616 SW Henderson Street, Seattle, WA 98106, United States.