External stablecoin transfers
Your Sling Wallet is self-custodial and you can export your keys at any time. Sling Money's provision of on-ramps and off-ramps are subject to strict obligations to comply with global Anti-Money Laundering and Counter-Terrorist Financing laws and regulations, including adherence to Travel Rule compliance and sanctions issued by the United States, United Kingdom, European Union, United Nations, and other countries.
All external wallet stablecoin transfers are performed through Transfer Wallets, which facilitate the analysis of transfers to ensure they are in compliance with Sling Money's obligations and risk appetite.
As part of our commitment to keeping things safe and compliant, we occasionally need to ask a few questions about your transactions.
We ask these for regulatory reasons, but we will also use this information to help you get the most value from Sling Money.
Important notes:
If an external wallet stablecoin transfer is performed directly to your Primary Wallet without using a provided Transfer Wallet, you may lose access to Sling Money's on & off ramps and be removed from the Sling Money Directory.
If a transfer is found to be outside of Sling Money's risk appetite for the provision of its fiat ramps, Sling Money may suggest that you either send the transferred funds back, or that you export your Transfer Wallet's private key and manage it with non-Sling Wallet software.
If you choose to transfer funds which we've told you are outside of our risk appetite from a Transfer Wallet into your primary Sling Wallet, then you may lose access to Sling Money's on & off ramps and be removed from the Sling Money Directory.