You are right. It's basically all about protecting customers and doing everything within the law (none of us wants to support terrorists or any other criminals).
After receipt of identification documents, do you compare the name with an existing list of terrorists or do you have to send requests to Interpol each time?
I meant this like that we follow standard steps against money laundry and other illegal activities whcih can in the end endanger other people.
Exact procedures know only a limited number of people to achieve the greatest security and privacy of our users.
AML laws require to check the identity for amounts above $10,000
and prior to a deposit.
And this confirms that you do not follow AML laws or try to prevent illegal activities!
Your behaviour strongly indicates that you act for your
own financial benefit.