The Anti-Money Laundering Council (AMLC) was created pursuant to Republic Act No. 9160, otherwise known as the “Anti-Money Laundering Act of 2001” (AMLA), to protect the integrity and confidentiality of bank accounts and to ensure that the Philippines shall not be used as a money laundering site for the proceeds of any unlawful activity.
Tippeers Community is not a bank or any financial institution, but we will not allow unlawful activity here in our community. We reserve the right to block any suspicious activity without any prior notice.
Our verification requirement is a part of our compliance with the “Anti-Money Laundering Act of 2001” (AMLA). Other than that we have set a maximum daily transfer of 5,000,000 tips per day or equivalent to ₱5,000.