Compliance

Our commitment to regulatory compliance and financial integrity.

Regulatory Licensing

Wasaa Remit is licensed and regulated by the Central Bank of Kenya (CBK) as a Payment Service Provider under the National Payment System Act, 2011. Our license covers cross-border money transfer operations across all supported corridors.

KYC / Identity Verification

All users must complete Know Your Customer (KYC) verification before sending money. We use Smile Identity and Sumsub to verify government-issued IDs and perform liveness checks. Tiered verification unlocks higher transfer limits.

AML / CFT Programme

We maintain a robust Anti-Money Laundering and Counter-Terrorist Financing programme including transaction monitoring, sanctions screening, suspicious activity reporting (SAR), and ongoing staff training. See our AML Policy for details.

Data Protection

We comply with the Kenya Data Protection Act, 2019 and applicable international data protection regulations. Customer data is encrypted at rest (AES-256) and in transit (TLS 1.3).

Compliance Contact

For compliance enquiries or to report suspicious activity:

compliance@wasaaremit.com