The China Construction Bank (DIFC Branch) (hereinafter referred to as “CCB DIFC”) is a branch of China Construction Bank Corporation, operating with coverage of Gulf Cooperation Council countries. As a banking institution regulated by the Dubai Financial Service Authority (“DFSA”), CCB DIFC has the highest-ranking “Category 1 License” Banking license which can provide full-service financial services to corporate institutional customers. CCB DIFC makes every effort to remain in full compliance with all applicable anti-money laundering laws, rules and standards in which it does business.
As required by law, CCB DIFC has designated Chief Compliance Officer who leads a team of employees with experience in this field to oversee CCB DIFC’s anti-money laundering efforts, including development and implementation of a risk-based anti-money laundering program comprising written anti-money laundering policies, procedures, internal controls and systems. As part of its customer due diligence on its customers to understand the nature and purpose of the relationship for the purpose of developing a customer risk profile, and conducts ongoing monitoring of its customers activity to identify and report suspicious activity. CCB DIFC is committed to taking all necessary steps to ensure that the bank is not and cannot be used by individuals or organizations to raise funds with the express intent of supporting terrorism or otherwise.
CCB DIFC educates appropriate employees and related third parties in applicable aspects of financial crimes laws, rules and regulations, as well as the bank’s anti-money laundering requirements and money laundering prevention. CCB DIFC’s anti-money laundering program is subject to annual review and testing. CCB DIFC cooperates fully with law enforcement and regulatory investigations and inquiries and is committed to the AML compliance under the global financial operation.
For more information, please refer to related documents as attached.
1. CBDDQ v1.4 CCB Group 202312
3. W-8BEN-E Form CCB DIFC 202307
4.CCB USA PATRIOT Act Certification
5.Certification Regarding Correspondent Accounts for Foreign Banks
6.Recertification Regarding Correspondent Accounts for Foreign Banks
