Compliance and Disclosures

MSB registration

Sea Pay LLC is a money services business (MSB) as defined by the Bank Secrecy Act. If applicable, Sea Pay LLC is registered with the Financial Crimes Enforcement Network (FinCEN). Registration does not imply a recommendation, certification, or endorsement by any government agency.

MSB registration number (if applicable): [Insert FinCEN MSB registration ID].

State licensing

Sea Pay LLC may be required to hold money transmission or virtual currency licenses in certain states. Where required, Sea Pay LLC maintains the appropriate licenses and provides state-specific disclosures. A current list of licensed states and regulator contact information will be posted here.

AML and KYC

We maintain an anti-money laundering program and perform customer due diligence. We may require identity verification, beneficial ownership information, and ongoing monitoring to comply with applicable law.

Sanctions compliance

We prohibit transactions involving sanctioned jurisdictions, individuals, or entities. We screen customers and transactions against applicable sanctions lists, including the U.S. Office of Foreign Assets Control (OFAC) lists.

UDAAP consumer protection

We are committed to fair, transparent, and non-deceptive practices. We do not engage in unfair, deceptive, or abusive acts or practices. If you believe you have experienced an issue related to consumer protection, contact us at founders@seapay.ai so we can investigate.

CAN-SPAM notice

Commercial emails from Seapay will identify the sender, include a valid physical mailing address, and provide a clear opt-out mechanism. You can unsubscribe using links in our emails or by contacting founders@seapay.ai. We honor opt-out requests promptly as required by law.

Mailing address: [Insert Sea Pay LLC mailing address].

Digital asset risk disclosures

Digital assets and stablecoins may involve network, liquidity, and operational risks. Transaction confirmations depend on blockchain network conditions. Once confirmed, transactions are typically irreversible. You are responsible for verifying wallet addresses and transaction details.

Not a bank; no FDIC insurance

Sea Pay LLC is not a bank and does not hold customer deposits. Funds held by third-party providers may not be insured by the Federal Deposit Insurance Corporation (FDIC) or any other deposit insurance program.

Complaints and support

If you have a complaint, contact founders@seapay.ai and include your account email and a summary of the issue. We aim to acknowledge complaints promptly and respond as required by law.