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Anti-Money Laundering Policy

God of Coins Casino's Anti-Money Laundering Policy (AML) protects against money laundering and terrorism financing. These guidelines ensure that all transactions comply with legal requirements and that suspicious activities are detected.

What is the AML Policy

The Anti-Money Laundering Policy is a comprehensive set of rules designed to protect against money laundering and terrorism financing. These guidelines ensure compliance with international standards and create transparency in all financial transactions within the casino.

Structure of AML Guidelines

The AML Policy is divided into five main sections:

  1. 1. Player Account
  2. 2. KYC Checks
  3. 3. Account Monitoring
  4. 4. What We Might Do
  5. 5. Questions or Concerns

Possible Casino Actions:

  • Freeze account
  • Block withdrawals
  • Close account permanently
  • Forfeit any winnings
  • Report activity to authorities

Due Diligence Levels

The casino applies three different due diligence levels depending on the customer's risk profile:

LevelNameUse Case
SDDSimplified Due DiligenceExtremely low-risk transactions that don't meet required thresholds
CDDCustomer Due DiligenceStandard; used in most cases for verification and identification
EDDEnhanced Due DiligenceHigh-risk customers, large transactions, or special cases

Transaction Monitoring & Compliance

Players must play through deposited amounts at least once before a withdrawal request can be made (AML requirement). This measure complies with international standards for money laundering prevention.

Before every withdrawal, both algorithmic and manual reviews take place. This detailed examination of activities and account balance ensures compliance with all security standards.

Direct transfers between player accounts are not permitted under any circumstances. This rule prevents potential money laundering activities between platform users.

Warning: Submitting fake documents will result in confiscation of deposits and potential winnings.

Frequently Asked Questions about AML Policy

What is AML?
AML stands for Anti-Money Laundering and includes all measures to prevent money laundering and terrorism financing. These guidelines are legally required and protect both the casino and the players.
Why are there Due Diligence levels?
The three levels (SDD, CDD, EDD) enable risk-appropriate checking. While simple procedures are sufficient for low risk, high-risk transactions or customers require more intensive verification.
What happens if money laundering is suspected?
When money laundering is suspected, the casino can take various actions: freeze accounts, block withdrawals, permanently close accounts, confiscate winnings, or report to authorities.
Why do I have to play through deposits once before I can withdraw?
The minimum 1x playthrough requirement for deposited amounts is an AML compliance requirement. It prevents the casino from being misused as a money transfer platform.
What are the consequences of submitting fake documents?
Submitting fake documents results in confiscation of deposits and potential winnings. This strict measure protects the platform and all legitimate users.