Anti-Money Laundering (AML) & Know Your Customer (KYC) Policy – MobileShartBet

🎯 Purpose of the AML & KYC Policy

The primary objective of our AML & KYC framework is to:

• ✔️ Prevent money laundering and terrorist financing activities.
• ✔️ Ensure customer identity verification to protect against fraud.
• ✔️ Safeguard the reputation and integrity of Betting Mobile Application.
• ✔️ Comply with EU directives, FATF recommendations, and local laws.

⚖️ Definition of Money Laundering

Money laundering is defined as concealing or disguising the origin of funds obtained through illegal activities by passing them through legitimate channels.

At Betting Mobile Application, money laundering includes:

• 💸 Converting or transferring criminally derived funds.
• 🔒 Concealing ownership, origin, or location of assets.
• 📥 Using or possessing property with knowledge of its unlawful origin.
• 🤝 Assisting or participating in laundering activities.

🛡️ KYC and Customer Verification

To comply with international standards, we implement a three-step verification system:

Step 1 – Basic Information

• Full name, date of birth, nationality, and gender.
• Residential address and contact details.
• Confirmation that the user is at least 18 years old.

Step 2 – Identity Verification

• Government-issued identification (passport, driver’s license, national ID).
• A selfie with the ID and a unique verification code.
• Cross-checking with official databases for accuracy.

Step 3 – Proof of Funds

• Mandatory for deposits or withdrawals above $5,000.
• Accepted documents: bank statements, employment contracts, inheritance certificates, or investment records.
• Funds without legitimate origin will not be accepted.

🏠 Proof of Address

Users must provide a valid proof of residence, such as:

• Utility bill (electricity, water, gas) issued within the last 3 months.
• Government-issued correspondence.
• Recent bank statement with address clearly visible.

📊 Risk Management Framework

We categorize customers into three risk groups:

🔍 Ongoing Monitoring

We employ AI-driven systems and manual compliance checks to detect:

• Unusual transaction patterns (frequent deposits/withdrawals).
• Multiple accounts linked to the same credentials.
• Use of various payment methods without clear justification.
• Attempts to bypass regional restrictions.

📁 Record Keeping

All customer and transaction records are securely stored for at least 10 yearsnced encryption to ensure data confidentiality, and information will only be shared when legally required.

🎓 Employee Training

Our compliance team receives regular training sessions, covering:

• ✅ Latest AML & KYC regulations.
• ✅ Detection of suspicious activity.
• ✅ Customer protection and responsible gaming practices.

📢 Reporting Suspicious Activities

If suspicious activity is detected, Betting Mobile Application will:

1. Investigate the transaction thoroughly.
2. Report findings to the Financial Intelligence Unit (FIU).
3. Block or permanently close accounts involved in unlawful activities.

🔐 Data Privacy and Security

We strictly adhere to GDPR, EU Data Protection Directives, and international privacy laws.
All personal data is handled with maximum confidentiality, and disclosure is only made to competent authorities under legal obligations.

📞 Contact Information

If you have questions about this AML & KYC policy, please reach us at:

• 📧 Email: [email protected]
• 📞 Phone: +98 21 8899 1122
• 💬 WhatsApp: +98 913 456 7890
• 🌐 Website: https://mobileshartbandi.com

Support Hours: 24/7