GroupEx Compliance

GroupEx Financial Corporation (GFC) operates in a highly regulated money transfer industry. Thus, significant investments are made on a continual basis in personnel and software development to advance our compliance programs. 

Our key personnel have over 50 years of combined legal experience as well as certification from the Association of Certified Anti-Money Laundering Specialist (ACAMS). 

GroupEx complies with the applicable anti-money laundering and anti-terrorism financing laws and regulations pursuant to the laws of the United States and other jurisdictions. GroupEx is committed to detecting and preventing money laundering and terrorist financing. Consequently, enhanced due diligence is performed on all SENDING Agents and PAYING AGENTS before approving them as partners within our network.

Two of the key components of our transaction monitoring program are the NORKOM AML engine and the Watch List engine.  These modules are specifically engineered for money transfer activities which offer particular functionality around identifying unique customers and monitoring suspicious activities.  The program also offers case management, workflow and electronic filing. 

In addition, GroupEx employees and sending agents are provided an integral training program to familiarize them with all the compliance regulations that are necessary to accomplish their job. 

For more information or questions on our compliance programs, please contact:
GroupEx Compliance Department at (714) 690-8300 Ext. 1095

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