Anti Money Laundering Policy
Introduction
This Anti Money Laundering Policy explains the measures used by Inky Bet, referred to as “the Casino”, to prevent money laundering, terrorist financing, fraud, payment misuse, and other unlawful financial activity.
The Casino is committed to maintaining a secure gambling environment and may carry out identity, payment, transaction, and source of funds checks before or during the use of an account.
By registering, depositing, placing wagers, or requesting a withdrawal, players agree to provide accurate information and cooperate with any verification checks required by the Casino.
Purpose of This Policy
The purpose of this policy is to:
Prevent the Casino from being used for unlawful financial activity
Confirm the identity of players
Verify ownership of payment methods
Monitor deposits, wagers, and withdrawals
Identify unusual or suspicious account behaviour
Comply with applicable legal and regulatory obligations
Protect players, payment providers, and the Casino
Player Identification
Players must register using their correct personal information.
The information provided may include:
Full legal name
Date of birth
Residential address
Email address
Telephone number
Country of residence
Payment information
Identification details
The Casino does not permit anonymous accounts or accounts created using false, incomplete, or misleading information.
Each account must be used only by the registered account holder.
Know Your Customer Checks
The Casino may complete Know Your Customer checks when an account is opened, when certain transaction levels are reached, before a withdrawal is approved, or whenever additional verification is considered necessary.
Players may be asked to provide:
A valid passport, driving licence, or national identity card
A recent utility bill or bank statement
Proof of ownership of a bank account, payment card, wallet, or cryptocurrency address
A photograph or identity confirmation image
Information about employment, income, or occupation
Evidence showing the source of deposited funds
Additional documents required for security or legal checks
Documents must be clear, valid, current, and belong to the registered account holder.
Account access, deposits, wagering, bonuses, or withdrawals may be restricted until verification is completed.
Source of Funds and Source of Wealth
The Casino may request information showing how deposited funds were obtained.
Evidence may include:
Bank statements
Payslips
Tax documents
Business income records
Sale agreements
Investment records
Inheritance documents
Cryptocurrency transaction records
Other relevant financial information
The type of information requested will depend on the account activity and level of risk identified.
Players who do not provide the requested information may have their account restricted, suspended, or closed.
Deposits
Deposits must be made from a payment method owned and controlled by the registered player.
The Casino may reject, return, or investigate a deposit where:
The payment method belongs to another person
The payment details do not match the account holder
The transaction appears unusual or inconsistent
Several payment methods are used without a clear reason
The source of funds cannot be confirmed
The deposit may be connected to fraud or unlawful activity
Deposits should be made only for genuine gambling activity.
The Casino must not be used as a banking, payment transfer, or money storage service.
Withdrawals
Withdrawals will normally be processed to a payment method owned by the registered player.
Where possible, funds may be returned through the same method used for the deposit.
Before approving a withdrawal, the Casino may:
Verify the player’s identity
Confirm payment method ownership
Review deposit and wagering activity
Request source of funds information
Check for bonus abuse or fraud
Confirm that deposited funds have cleared
Investigate unusual account behaviour
Withdrawals may be delayed, rejected, or returned where verification is incomplete or suspicious activity is identified.
Cryptocurrency Transactions
Cryptocurrency deposits and withdrawals may be subject to additional checks.
The Casino may review:
Wallet ownership
Transaction history
Blockchain activity
The source and destination of funds
Connections to high risk or restricted services
Use of privacy tools or transaction mixing services
The Casino may reject or restrict a cryptocurrency transaction where the source of funds cannot be reasonably confirmed.
Transaction Monitoring
The Casino may monitor account activity using manual and automated controls.
Activity that may require further review includes:
Large or repeated deposits
Deposits followed by limited or no wagering
Immediate withdrawal requests
Unusual betting patterns
Frequent changes of payment methods
Transactions inconsistent with known account activity
Use of several connected accounts
Payments involving restricted locations
Attempts to avoid verification limits
Chargebacks or reversed payments
The Casino may request additional information before allowing further transactions.
Prohibited Activity
Players must not use the Casino to:
Launder money
Finance terrorism
Process payments for another person
Use stolen or unauthorised payment methods
Hide the source or ownership of funds
Transfer money between connected accounts
Carry out fraud or identity theft
Avoid financial restrictions
Exploit payment or technical systems
Assist another person in unlawful activity
Any account connected to prohibited activity may be immediately restricted or suspended.
Suspicious Activity
Where suspicious activity is identified, the Casino may:
Restrict account access
Suspend deposits or withdrawals
Request additional documents
Cancel affected transactions
Close the account
Retain records and supporting evidence
Share information with payment providers
Report the matter to an appropriate authority where required
The Casino may be legally prevented from informing a player when a report or investigation has been made.
Sanctions and Restricted Persons
The Casino may screen players and transactions against applicable sanctions, politically exposed person records, and other compliance databases.
The Casino may refuse or close an account where a player:
Appears on an applicable sanctions list
Is connected to a restricted country or organisation
Provides information that cannot be verified
Creates an unacceptable legal or financial risk
Politically exposed persons may be subject to additional verification and approval procedures.
Record Keeping
The Casino may retain identity documents, transaction records, account activity, communications, and verification information for the period required by applicable law or legitimate compliance needs.
Records may be used for:
Financial crime prevention
Fraud investigations
Payment disputes
Regulatory checks
Legal claims
Security reviews
Personal information will be handled according to the Privacy Policy.
Player Responsibilities
Players must:
Provide accurate registration information
Use only their own payment methods
Keep account details secure
Provide requested documents promptly
Explain unusual transactions when requested
Avoid using the account for third party payments
Report unauthorised account activity
Comply with applicable laws and Casino terms
Providing false documents or misleading information may result in account closure and further action.
Policy Updates
This Anti Money Laundering Policy may be updated to reflect changes in laws, payment methods, security procedures, or Casino operations.
The updated version will be published on the website with a revised update date.
Contact Us
Questions about verification, payment checks, source of funds requests, or this Anti Money Laundering Policy can be sent to the support team.
Support email: support@inkybetcasino.net