AML/CFT/CPF Policy
Operated by Abel Energy Global Limited (RC 9959286). Last updated: November 2026.
1. Commitment
Abel Pay prohibits money laundering, terrorist financing and proliferation financing, and complies with applicable Nigerian and international laws and the rules of each country where we serve customers.
2. Customer due diligence
We verify every customer's identity before activating a wallet, apply enhanced checks to higher-risk customers, and screen against sanctions and politically exposed persons lists.
3. Monitoring and reporting
We monitor transactions for unusual patterns, restrict suspicious accounts, and report suspicious activity to the relevant authorities, including the Nigerian Financial Intelligence Unit.
4. Records and governance
We retain identification and transaction records for at least five years, train staff and agents, and review this policy regularly under the oversight of senior management.