Your Money is Protected by Regulation
iTranzact is pursuing licensure from the Bangko Sentral ng Pilipinas (BSP). We operate under the highest standards of AML compliance, data privacy regulation, and international financial law across Southeast Asia.
Regulatory Framework
Licenses & Registrations
iTranzact's BSP licensure is currently pending. All other registrations are active and verifiable on official government registries.
BSP License
Pending Approval
iTranzact has applied to the Bangko Sentral ng Pilipinas (BSP) to authorize us to issue electronic money, operate eWallets, and process cross-border transfers. Application is currently under review.
Anti-Money Laundering (AMLA) Compliance
AMLC Registration Pending
Upcoming registration with the Anti-Money Laundering Council (AMLC) to comply with the Anti-Money Laundering Act (RA 9160 as amended). All transactions are monitored for suspicious activity in real-time.
Data Privacy Act Compliance
NPC Registration Pending
Upcoming registration with the National Privacy Commission (NPC) under the Data Privacy Act of 2012 (RA 10173). All personal data is encrypted, stored securely, and never sold to third parties.
Security Architecture
Bank-Grade Protection on Every Transaction
We apply the same security standards used by major Philippine commercial banks — because your family's money deserves nothing less.
256-bit AES Encryption
All data in transit and at rest is encrypted to military-grade standards.
Biometric Authentication
Fingerprint required for all transactions above the transaction limits
Real-Time Fraud Detection
AI-powered monitoring flags suspicious transactions within milliseconds.
Multi-Factor Authentication
OTP via and email required for new device logins and large transfers.
24/7 Security Monitoring
Dedicated security operations center monitoring all transactions around the clock.
Automatic Session Timeout
App auto-locks after 5 minutes of inactivity to prevent unauthorized access.
ISO 27001 Certified
Information Security Management System
iTranzact's security infrastructure will be ISO 27001 certified, independently audited annually by a reputable external auditing firm — an added-value to be internationally recognized information security standard.
Common Questions
Compliance FAQ
Answers to the most common regulatory and security questions.
Yes. iTranzact will be a licensed under Bangko Sentral.
For standard account limits, you need one valid government-issued ID (passport, driver's license, or national ID) and a selfie. For higher transaction limits, additional documents such as proof of employmentor overseas employment certificate may be required.
We maintain a comprehensive AML program registered with the Anti-Money Laundering Council (AMLC). This includes transaction monitoring, suspicious activity reporting, customer due diligence, and enhanced due diligence for high-risk transactions. All staff undergo mandatory AML training.
Yes. We are about to register with the National Privacy Commission (NPC) under the Data Privacy Act of 2012 (RA 10173). Your data is encrypted, stored on Philippine-based servers, and never sold to third parties. You can request data deletion at any time.
Report it immediately via our 24/7 support line or in-app chat. We will freeze the account, investigate within 24 hours, and process refunds for verified unauthorized transactions within 2-3 business days, in accordance with BSP consumer protection guidelines.