Due Diligence & AML

ALUBAF Arab International Bank is governed by Central Bank of Bahrain which is committed to the FATF recommendations

ALUBAF Arab International Bank is governed by Central Bank of Bahrain which is committed to the FATF recommendations, International Anti Money Laundering regulations, sanctions, and Know Your Customers policies and procedures.

These regulations have a legal framework supported by Bahrain anti money laundering law 2001 with respect to the Prevention and Prohibition of the Laundering of

Money associated with its amendments issued in 2006.
 
We certify that the Bank policy and procedures are reviewed, approved and
audited on an annual basis. All Bank staff are aware of these procedures, strictly
adhered, and adequate compliance supervision processes are implemented.
 
We are committed to adopt the international standards on Anti Money Laundering
and Combating Financing Terrorism, in our endeavors to be compliant with these
standards