In order to comply with the applicable laws and regulations, Bank of Sharjah has put in place procedures for fighting money laundering, terrorism financing and ensuring adherence to KYC (Know Your Customer) policies and procedures.
Hereafter is a brief statement that answers all your queries in this regard.
Bank of Sharjah, its branches and subsidiaries:
Consequently, all transactions carried out through Bank of Sharjah, its branches or subsidiaries such as documentary credits, other instruments and guarantees that may be issued to other financial institutions, would have cleared these verification criteria.
We certify that our Bank and our subsidiaries cannot be deemed a shell bank within the meaning given to these terms under US legislation (USA PATRIOT Act) and those relationships with other banks comply with this legislation.