Compliance
International Money Transfer (IMT) N.V. / Western Union is required to comply with applicable Surinamese laws and regulations, as well as relevant Western Union policies and procedures.
To comply with these requirements and to prevent money laundering, terrorist financing, fraud, and other suspicious or illegal activities, we are required to conduct appropriate customer due diligence and, where necessary, request additional information or supporting documentation.
These measures help us protect our customers, maintain the integrity of our services, and ensure that transactions are conducted in a safe, transparent, and compliant manner.
Please read the following statements carefully and thoroughly.
Policies and Procedures
To comply with our Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), and Anti-Fraud compliance, the following rules apply:
- Age Requirement: The sender and receiver must be 18 years or older.
- Valid Identification:
* Residents of Suriname: valid ID card, passport, driver’s license or PSA card.
* Non-residents: valid passport only.
* No valid identification = no transaction. - Source of Funds (SOF): Customers may be required to provide proof of the source of funds, especially for larger or higher-risk transactions.
* Additional Information: Our agents may ask additional questions or request supporting documents. Failure or refusal to provide the required information may result in the transaction being declined. - Fraud Prevention: Our agents are trained to identify and prevent fraud. They may ask additional questions if they suspect that a customer could be a victim of fraud.
- Prohibited Businesses/Activities: We do not process transactions involving illegal gambling, shell banks, telemarketing, prostitution, marijuana/recreational drugs, unlicensed financial institutions, rough diamond trading, counterfeit/pirated goods, or other illegal activities.
Our agents follow these procedures to comply with applicable requirements and to protect our customers and the integrity of our services.
About Imt
International Money Transfer (IMT) N.V. is a subsidiary of Cirkel Group NV. Cirkel Group is an international orientated business organization with its head office located in Paramaribo Suriname at the Wilhelminastraat 62. Cirkel Group is managed by an ambitious and creative team. Cirkel Group exists for over 20 years and represents various international renowned brands such as KFC, Pizza Hut, Courtyard by Marriott, Western Union and Cinnabon. Cirkel Group is currently active in Suriname and the Netherlands.
Cirkel Group has a number of subsidiaries which are active in several industries, among others, in the restaurant industry, the food import business, the hotel business and financial services through Western Union International. The subsidiary of Cirkel Group that provides financial services is International Money Transfer N.V.
Our story
Cirkel Group was established on March 1st, 1995 as a food distribution unit.
With a history of representing worldwide recognized brands, Cirkel Group has grown into a diverse company with a solid base in Suriname. Cirkel Group’s highly motivated and dedicated employees are the key factor responsible for this successful growth. In addition, an ongoing commitment to deliver quality products and services, as well as the insight and ability to capitalize on opportunities in an ever-changing and challenging environment has contributed to Cirkel Group’s success. In October 2000, Cirkel Group proudly expanded its portfolio by being appointed a Western Union agent in Suriname. The world’s leading money transfer agency, Western Union is available in more than 200 countries and territories and there are more than 500,000 locations worldwide. The Western Union Services are performed under International Money Transfer N.V. (IMT N.V.). With more than 145,000 inbound and outbound transactions annually, IMT N.V. continues to expand by providing safety, fast, reliable and friendly services, always on time to its customers.
MISSION
Our mission is:
To be a market leader and innovator while being a responsible company. To satisfy our customers on a daily basis by providing fast, reliable and friendly service through its dedicated staff. IMT NV tries to achieve its mission and vision by following a carefully mapped out strategy.
Core values for success:
A culture of integrity that translates into everything we do and the way we do business.
Achieving the organization’s goals together withits competent, motivated and responsible team members
Establishing sustainable partnerships that form the basis for future expansion
Operating Western Union locations that are leading in their respective jurisdictions and ensuring that they maintain their market position.
Vision
Our vision is to be the most recognized money transfer companyand a pioneer in the financial services. Over the years, IMT NV has grown into one of the renowned money transfer companies in Suriname.
