Situation
The entrepreneur’s corporate account was frozen under an AML review (Law 10/2010 / SEPBLAC) following a large international transfer. The bank demanded source-of-funds explanations and UBO documentation. The business was paralysed for over 3 weeks.
Solution
Our lawyers prepared a minimum sufficient package per FATF standards and the bank’s compliance policy: contracts with foreign counterparties, invoices, delivery notes, bank statements, UBO declaration, corporate organogram. A detailed explanatory letter with legal grounds was prepared. Documents submitted directly to the compliance department via legal representative.
Result
Account unblocked within 8 business days. All funds preserved. Client received guidance on structuring future international transfers to prevent repeat blocks.
