AML and sanctions policy

Russia, Belarus and sanctioned countries

We do not sell or supply vehicles to Russia or Belarus, whether directly or indirectly through third countries. The same applies to the DPRK (North Korea), Iran, Cuba, Crimea, the occupied areas of Ukraine and all countries and territories under a comprehensive embargo of the EU, the UN or the US. This prohibition applies without exception.

Know your customer

Before every transaction we carry out customer due diligence. We verify the customer and its ultimate beneficial owners and establish the source of funds. We do not conclude a transaction until customer due diligence has been completed.

Sanctions screening

We screen the customer and all persons involved in the transaction against the sanctions lists of the EU, the UN, the US (OFAC) and the United Kingdom. We do not conclude a transaction if there is any link to a sanctioned person.

End destination

We verify the end use and destination of every vehicle and require a documented buyer declaration of the final destination and the end user. Our purchase agreements contain a binding prohibition on re-exporting to Russia and Belarus.

Payments

We accept payments exclusively by bank transfer in EUR.