Anti-Money Laundering (AML) Policy
Speed 1 Global Pvt. Ltd. is committed to maintaining the highest standards of compliance and security for all our users.
Effective Date:
23 September 2025
Last Updated:
23 September 2025
Introduction & Policy Statement
Speed 1 Global Pvt. Ltd. (operating as "SPEED1") is committed to the highest standards of compliance to prevent its platform from being used for money laundering or terrorist financing.
We are registered as a Reporting Entity (RE) with the Financial Intelligence Unit – India (FIU-IND) under the registration number FIU-REID VA00063032. This policy outlines our framework to verify user identities and detect suspicious activity in accordance with the Prevention of Money Laundering Act, 2002 (PMLA) and applicable FIU-IND guidelines.
Customer Acceptance & Identification (KYC)
To ensure a secure platform, we adhere to a strict Customer Identification Procedure (CIP). We do not onboard anonymous users or those using fictitious names.
Identity Verification
We require Government-issued Officially Valid Documents (OVDs) such as Aadhaar, PAN Card, Passport, or Voter ID to establish identity.
Liveness Check
We may employ biometric or liveness checks to ensure the user is physically present and matches the identification documents.
Sanctions Screening
All users are screened against domestic and international sanctions lists (e.g., UNSC, RBI, FATF). We do not provide services to individuals or entities listed on these watchlists.
Risk-Based Approach
We employ a risk-based framework to categorize users and transactions.
Global Speed Network
Leverage the power of Speed Global's proven infrastructure that serves billions of users worldwide with unmatched reliability and security.
Enhanced Due Diligence (EDD)
High-risk categories, including Politically Exposed Persons (PEPs) and those with complex transaction patterns, are subject to enhanced checks, including verification of Source of Funds (SOF).
Prohibited Activities
Users are strictly prohibited from using SPEED1 services for any illegal purpose. Accounts found involved in the following will be liable for immediate suspension or termination:
Money Laundering
Engaging in financial transactions designed to conceal the origins of illegally obtained funds.
Terrorist Financing
Collecting or providing funds with the intention that they be used for terrorist acts.
Corruption & Bribery
Offering, giving, or receiving anything of value to improperly influence the actions of another party.
Fraud
Any act of misrepresentation to obtain unfair financial benefit.
Transaction Monitoring & Reporting
SPEED1 utilizes automated systems to monitor transactions for suspicious activity.
Suspicious Transaction Reporting (STR)
As a Reporting Entity, we are legally mandated to report transactions that appear unusual, complex, or lack economic rationale to the FIU-IND. These reports are filed confidentially.
Virtual Asset Transfers
In line with PMLA guidelines, we maintain records of all Virtual Digital Asset (VDA) transfers, including originator and beneficiary details.
Contact & Reporting
Transparent fee structure with all applicable charges clearly listed on the platform. Payments processed exclusively in Indian Rupees through supported methods.
Principal Officer
Ms. Oshin Mathur
oshin@tryspeed.com
Registered Address
8, Rudravatika, Nr. Gotila Garden, PRL Colony, Sindhubhavan Road, Thaltej, Ahmedabad-380059, Gujarat, India
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These Terms constitute a legally binding agreement. By using Speed India's services, you acknowledge reading, understanding and agreeing to all provisions contained herein.
Download Terms PDF
Request Legal Consultation
View Privacy Policy
India's Premier Bitcoin Investment Platform
FIU-IND Registered
Powered by Speed
Trusted by 2M+ users globally
$1 Billion+ transaction volume
support@tryspeed.com
© 2026 Speed | All rights reservedBitcoin investment made simple, secure, andcompliant.
Anti-Money Laundering (AML) Policy
Speed 1 Global Pvt. Ltd. is committed to maintaining the highest standards of compliance and security for all our users.
Effective Date:
23 September 2025
Last Updated:
23 September 2025
Introduction & Policy Statement
Speed 1 Global Pvt. Ltd. (operating as "SPEED1") is committed to the highest standards of compliance to prevent its platform from being used for money laundering or terrorist financing.
We are registered as a Reporting Entity (RE) with the Financial Intelligence Unit – India (FIU-IND) under the registration number FIU-REID VA00063032. This policy outlines our framework to verify user identities and detect suspicious activity in accordance with the Prevention of Money Laundering Act, 2002 (PMLA) and applicable FIU-IND guidelines.
Customer Acceptance & Identification (KYC)
To ensure a secure platform, we adhere to a strict Customer Identification Procedure (CIP). We do not onboard anonymous users or those using fictitious names.
Identity Verification
We require Government-issued Officially Valid Documents (OVDs) such as Aadhaar, PAN Card, Passport, or Voter ID to establish identity.
Liveness Check
We may employ biometric or liveness checks to ensure the user is physically present and matches the identification documents.
Sanctions Screening
All users are screened against domestic and international sanctions lists (e.g., UNSC, RBI, FATF). We do not provide services to individuals or entities listed on these watchlists.
Risk-Based Approach
We employ a risk-based framework to categorize users and transactions.
Global Speed Network
Leverage the power of Speed Global's proven infrastructure that serves billions of users worldwide with unmatched reliability and security.
Enhanced Due Diligence (EDD)
High-risk categories, including Politically Exposed Persons (PEPs) and those with complex transaction patterns, are subject to enhanced checks, including verification of Source of Funds (SOF).
Prohibited Activities
Users are strictly prohibited from using SPEED1 services for any illegal purpose. Accounts found involved in the following will be liable for immediate suspension or termination:
Money Laundering
Engaging in financial transactions designed to conceal the origins of illegally obtained funds.
Terrorist Financing
Collecting or providing funds with the intention that they be used for terrorist acts.
Corruption & Bribery
Offering, giving, or receiving anything of value to improperly influence the actions of another party.
Fraud
Any act of misrepresentation to obtain unfair financial benefit.
Transaction Monitoring & Reporting
SPEED1 utilizes automated systems to monitor transactions for suspicious activity.
Suspicious Transaction Reporting (STR)
As a Reporting Entity, we are legally mandated to report transactions that appear unusual, complex, or lack economic rationale to the FIU-IND. These reports are filed confidentially.
Virtual Asset Transfers
In line with PMLA guidelines, we maintain records of all Virtual Digital Asset (VDA) transfers, including originator and beneficiary details.
Contact & Reporting
Transparent fee structure with all applicable charges clearly listed on the platform. Payments processed exclusively in Indian Rupees through supported methods.
Principal Officer
Ms. Oshin Mathur
oshin@tryspeed.com
Registered Address
8, Rudravatika, Nr. Gotila Garden, PRL Colony, Sindhubhavan Road, Thaltej, Ahmedabad-380059, Gujarat, India
Quick Actions
Ready to begin your Bitcoin investment journey?Choose the service that best fits your needs and get started with India's premier Bitcoin platform.
Download Terms PDF
Request Legal Consultation
View Privacy Policy
India's Premier Bitcoin Investment Platform
FIU-IND Registered
Powered by Speed
Trusted by 2M+ users globally
$1 Billion+ transaction volume
support@tryspeed.com
© 2026 Speed | All rights reserved | Bitcoin investment made simple, secure, and compliant.
Anti-Money Laundering (AML) Policy
Speed 1 Global Pvt. Ltd. is committed to maintaining the highest standards of compliance and security for all our users.
Effective Date:
23 September 2025
Last Updated:
23 September 2025
Introduction & Policy Statement
Speed 1 Global Pvt. Ltd. (operating as "SPEED1") is committed to the highest standards of compliance to prevent its platform from being used for money laundering or terrorist financing.
We are registered as a Reporting Entity (RE) with the Financial Intelligence Unit – India (FIU-IND) under the registration number FIU-REID VA00063032. This policy outlines our framework to verify user identities and detect suspicious activity in accordance with the Prevention of Money Laundering Act, 2002 (PMLA) and applicable FIU-IND guidelines.
Customer Acceptance & Identification (KYC)
To ensure a secure platform, we adhere to a strict Customer Identification Procedure (CIP). We do not onboard anonymous users or those using fictitious names.
Identity Verification
We require Government-issued Officially Valid Documents (OVDs) such as Aadhaar, PAN Card, Passport, or Voter ID to establish identity.
Liveness Check
We may employ biometric or liveness checks to ensure the user is physically present and matches the identification documents.
Sanctions Screening
All users are screened against domestic and international sanctions lists (e.g., UNSC, RBI, FATF). We do not provide services to individuals or entities listed on these watchlists.
Risk-Based Approach
We employ a risk-based framework to categorize users and transactions.
Global Speed Network
Leverage the power of Speed Global's proven infrastructure that serves billions of users worldwide with unmatched reliability and security.
Enhanced Due Diligence (EDD)
High-risk categories, including Politically Exposed Persons (PEPs) and those with complex transaction patterns, are subject to enhanced checks, including verification of Source of Funds (SOF).
Prohibited Activities
Users are strictly prohibited from using SPEED1 services for any illegal purpose. Accounts found involved in the following will be liable for immediate suspension or termination:
Money Laundering
Engaging in financial transactions designed to conceal the origins of illegally obtained funds.
Terrorist Financing
Collecting or providing funds with the intention that they be used for terrorist acts.
Corruption & Bribery
Offering, giving, or receiving anything of value to improperly influence the actions of another party.
Fraud
Any act of misrepresentation to obtain unfair financial benefit.
Transaction Monitoring & Reporting
SPEED1 utilizes automated systems to monitor transactions for suspicious activity.
Suspicious Transaction Reporting (STR)
As a Reporting Entity, we are legally mandated to report transactions that appear unusual, complex, or lack economic rationale to the FIU-IND. These reports are filed confidentially.
Virtual Asset Transfers
In line with PMLA guidelines, we maintain records of all Virtual Digital Asset (VDA) transfers, including originator and beneficiary details.
Contact & Reporting
Transparent fee structure with all applicable charges clearly listed on the platform. Payments processed exclusively in Indian Rupees through supported methods.
Principal Officer
Ms. Oshin Mathur
oshin@tryspeed.com
Registered Address
8, Rudravatika, Nr. Gotila Garden, PRL Colony, Sindhubhavan Road, Thaltej, Ahmedabad-380059, Gujarat, India
Quick Actions
These Terms constitute a legally binding agreement. By using Speed India's services, you acknowledge reading, understanding and agreeing to all provisions contained herein.
Download Terms PDF
Request Legal Consultation
View Privacy Policy
India's Premier Bitcoin Investment Platform
FIU-IND Registered
Powered by Speed
Trusted by 2M+ users globally
$1 Billion+ transaction volume
support@tryspeed.com
© 2026 Speed | All rights reserved | Bitcoin investment made simple, secure, and compliant.
