Anti-Money Laundering and Purchase Limits
Genghis Ltd is a company registered in England and Wales, company number 16315448, registered office 20 Wenlock Road, London N1 7GU. This page explains what we check, what we do not check, and the purchase limits that apply to every account.
The short version
You do not verify your identity to buy. An email address is all we need.
Without an account you can spend up to 500 USD in 24 hours and 2,000 USD in 30 days.
With a free account the limits are 2,000 USD per card, 5,000 USD in 24 hours and 10,000 USD in 30 days.
Above those amounts we work case by case, and you will know what is possible before you pay.
Contents
1. What you need to buy
You do not need to verify your identity to buy on Genghis. There is no document upload, no selfie, and no proof of address. You need an email address to receive your codes, and that is all.
We keep it this way deliberately. Buying a gift card should not require the paperwork of opening a bank account.
2. Where verification can still come from
One thing worth being clear about, because it catches people out elsewhere.
The card you buy is issued by a bank or an electronic money institution, not by us. That issuer sets its own rules for activation and use. On open-loop products such as prepaid Visa and Mastercard, the issuer may ask you to verify your identity when you activate the card, load it, or pass a balance threshold.
That request comes from the issuer and we cannot waive it. What we can tell you honestly is that the purchase on Genghis requires no verification from us, and that anything asked later comes from the card issuer at their discretion.
Closed-loop cards, the ones spendable at a single brand, rarely trigger this.
3. Purchase limits
| Limit | Without an account | With a free account |
|---|---|---|
| Any 24 hours | 500 USD | 5,000 USD |
| Any 30 days | 2,000 USD | 10,000 USD |
| One card | 500 USD | 2,000 USD |
| Prepaid cards spendable anywhere (open-loop Visa, Mastercard, and similar), in one order | 500 USD | 2,000 USD |
| Cards in any 24 hours | 15 | 15 |
An account takes an email address and nothing else. We do not ask for documents to open one.
The 24-hour and 30-day limits are rolling, not calendar periods. They add up every order that is paid or waiting for payment. Without an account we add up orders from the same email address or the same internet connection; with an account, orders from the same account or its email address. An order you abandon before choosing a coin does not count.
These limits are our own policy, set on a risk basis and in line with the wider gift card market. No law requires them of us, and we may raise, lower or remove them.
If you want to spend above these amounts, write to [email protected] before ordering. We handle larger purchases case by case. We may ask you for identity documents at that point, and we will tell you before you pay, never after.
4. What we monitor
We watch for patterns associated with financial crime. That includes repeated purchases of the same high value product, orders structured to sit just under a limit, the same buyer using several email addresses, and payments connected to sanctioned addresses or jurisdictions.
We may refuse or cancel an order, and we may decline to serve a customer, without giving a reason. Where an order is refused after payment, we refund it.
5. Sanctions
We do not sell to customers in jurisdictions under comprehensive sanctions, or to anyone on an applicable sanctions list. Our payment processor runs its own screening on the crypto side.
6. Your data
We collect the minimum needed to deliver your order and to meet our record-keeping duties. If you send identity documents for a high value purchase, we keep them only as long as the law requires and we do not use them for marketing. See our privacy policy for the detail.
7. Questions
Write to [email protected]. If you think an order was refused in error, say so and a person will look at it.