This document constitutes the official Declaration of Lawful Origin of Funds that all clients and users (hereinafter "the User") accept upon registering and using the services of the Coffis.co platform.
By completing the registration process, the User, acting on their own behalf or as the duly authorized legal representative of the entity they register, declares freely, voluntarily, and under penalty of perjury, the following:
- Legal Capacity and Representation: The User certifies that they have the full legal capacity to be bound by this declaration. If acting on behalf of a legal entity, the User warrants that they are fully authorized to represent and bind said entity.
- Lawful Origin of Funds: The User declares that all funds used, or to be used, for transactions conducted through the Coffis.co platform originate from lawful activities. These activities are consistent with their stated commercial or professional purpose and are not derived from, nor will be used for, any illicit activities.
- Compliance with Anti-Money Laundering Regulations: The User certifies that their funds and assets do not originate from any activities contemplated as illegal under the Colombian Penal Code, international treaties, or any other applicable Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) regulations. This declaration is made in accordance with the policies for the Administration of the Risk of Money Laundering and Terrorism Financing (SARLAFT) applicable in Colombia.
- Prohibited Activities: The User declares that neither they, nor the entity they represent, have engaged in or will engage in transactions intended for the financing of illicit activities or for the benefit of individuals or entities related to such activities. The User further certifies that neither they, nor the entity they represent, are included on any restrictive international watchlists (such as the OFAC Specially Designated Nationals and Blocked Persons List, or lists issued by the UN, Interpol, etc.).
- Obligation to Provide Information: The User understands that Coffis.co is obligated to perform due diligence on its clients. Therefore, the User undertakes to provide, upon request by Coffis.co or a competent legal or administrative authority, any supporting documentation required to verify the origin of their funds and the information provided in this declaration.
- Notification of Changes: The User commits to notifying Coffis.co of any changes to the information provided in this declaration within a reasonable timeframe.
- Binding Agreement: The User understands and agrees that this declaration is a material part of the Terms and Conditions of service for the Coffis.co platform. Any falsehood, omission, or inaccuracy in this declaration will constitute a material breach of said terms and may result in the immediate termination of the User's account and a report to the relevant authorities.
This declaration is made under the jurisdiction of the laws of the Republic of Colombia. The act of completing and submitting the registration form on the Coffis.co platform constitutes an electronic and unequivocal acceptance of this entire declaration, confirming the truthfulness and accuracy of all statements made herein.