Welcome to Betting Site with Direct Portal — your trusted gateway for seamless, secure betting operations. At shartbandidargah.com, we are committed to the highest standards of legal compliance, user protection, and financial integrity. This Anti‑Money Laundering (AML) and Know Your Customer (KYC) policy describes how we prevent illicit use, verify identities, monitor transactions, and safeguard your trust.
🎯 Purpose & Objectives
This AML & KYC policy is designed to:
- Prevent the platform from being used for money laundering or financing illicit activities
- Ensure that all users are genuine, traceable, and accountable
- Protect user assets, personal data, and system resources
- Demonstrate full compliance with international and local legal obligations
🔍 Understanding Money Laundering
Money laundering refers to processes by which individuals disguise the origins of illicit funds and integrate them into the legitimate financial system. Key acts may include:
- Conversion or transfer of property derived from criminal activity
- Concealment of the true source, control, or ownership of assets
- Acquiring or using assets knowing they derive from illegal activities
- Participation in or facilitation of such transactions
Even if the original illegal activity took place in a different jurisdiction, laundering such funds is considered unlawful under AML regulations.
📜 Legal & Regulatory Framework
Betting Site with Direct Portal adheres to the following standards and regulations:
- EU Directive 2015/849: Prevention of financial system abuse
- EU Regulation 2015/847: Rules for fund transfer transparency
- International sanctions and controls on dual-use goods and restricted parties
- Local and regional anti‑money laundering statutes applicable to our services
🧍 Customer Verification (KYC) Levels
Depending on user activity and risk level, our KYC process involves three verification stages.
✅ Step 1: Basic Verification (All Users)
Every user must provide the following before any withdrawal is allowed:
- Full legal name
- Date of birth
- Gender
- Country of residence
- Complete address
✅ Step 2: Enhanced Verification (Transactions > $2,000)
When deposits or withdrawals exceed $2,000, additional documents are required:
- Government-issued photo ID (passport, identity card, or driver’s license)
- Handwritten note with a six-digit unduplicated code placed next to the ID
- Selfie of the user holding the ID
If automated identity verification cannot succeed, proof of address (e.g., utility bill, bank statement) must be submitted.
✅ Step 3: Source of Funds/Wealth (High-Value or Peer Transfers)
For transactions above $5,000 or peer-to-peer transfers over $3,000, we require documented evidence of your financial source, such as:
- Employment records or salary documentation
- Ownership of businesses or corporate documents
- Investment statements or portfolio records
- Inheritance documents or family support declarations
Until verification is completed, relevant financial functionality, including withdrawals, may be suspended.
🏠 Proof of Address
If address cannot be confirmed electronically, the user must submit one of the following, dated within the past three months:
- Utility bills (electricity, gas, water)
- Bank statements
- Official letters issued by government authorities
🌍 Risk-Based Country Classification
We classify users by their country’s risk profile to apply appropriate controls:
| Risk Tier | Description | Verification Thresholds |
|---|---|---|
| Low Risk | Jurisdictions with robust financial transparency | Standard three-step KYC process |
| Medium Risk | Countries with moderate regulatory frameworks | Step 2 triggers at $1,000; Step 3 at $2,500 |
| High Risk | Restricted or sanctioned territories | Access limited or denied |
📡 Transaction Monitoring & Risk Controls
All financial actions on Betting Site with Direct Portal are monitored through sophisticated systems. Alerts are generated for patterns such as:
- Large deposits without betting activity
- Rapid currency transitions
- Multiple banking methods in use
- Logins from unusual or blacklisted IPs
🔁 Deposit and Withdrawal Matching
Withdrawals must use the same method as the deposit to thwart third-party laundering. Deviations may prompt further verification or denial.
📊 Enterprise-Wide Risk Assessments
shartbandidargah.com runs annual enterprise-wide reviews of AML risks, auditing:
- Types of offered services and exposure
- User distribution and behavior metrics
- Transaction flows and volume trends
- Channel and partner risk in payments and delivery
👁️ Suspicious Activity Reporting (SAR)
Users or staff who detect dubious activity may file a report. Workflow is:
- Internal analysis by compliance team
- Escalation to senior officers if warranted
- Submission of a Suspicious Activity Report (SAR) to appropriate authorities
Accounts may be suspended immediately if illegal conduct is suspected.
📁 Record Retention Policy
We retain user, verification, and transaction data securely for:
- KYC Documents: 10 years post‑account closure
- Transactions: 10 years from transaction date
All storage is encrypted and access-limited to authorized personnel only.
🔐 Data Privacy & Security
Your personal and financial data is handled in strict confidence. We will not sell or rent it unless required by law or regulatory authority. We adopt encryption, secure storage, and industry best practices to protect your information.
🧠 Training & Internal Compliance
All employees and service providers of Betting Site with Direct Portal receive regular training on AML, KYC, and regulatory updates. Training includes:
- Mandatory onboarding certification
- Annual refresher programs and scenario drills
- Review sessions tied to evolving legal requirements
📋 Audits & Policy Revisions
This AML & KYC policy is re-evaluated annually or whenever legal standards shift. Updates will be published online and communicated to users when material changes occur.
📬 Contact & Compliance Support
If you have any questions, concerns, or wish to report a compliance matter, please reach out:
- Compliance Email: [email protected]
- Support Email: [email protected]
✅ Final Disclaimer
This AML & KYC policy is part of our legal framework. By using shartbandidargah.com, you agree to comply with it fully. We reserve the right to:
- Modify or update the policy at any time
- Restrict, suspend, or terminate accounts that fail to comply
- Report suspected crimes to authorities as required
Last Updated: September 24, 2025