For Cash Deposits and Cash Withdrawals.
Introduction: ByBet.Casino is a brand name of Bull Gaming N.V., ByBet.Casino is operated by Bull Gaming N.V. Bull Gaming, which has its office registered in Abraham de Veerstraat 9 in Curacao.
Objective of the AML Policy: We seek to offer the highest security to all of our users and customers on ByBet.Casino. For that, a three step account verification is done in order to ensure the identity of our customers. The reason behind this is to prove that the details of the person registered are correct and the deposit methods used are not stolen or being used by someone else, which is to create the general framework for the fight against money laundering. We also take into account that depending on the nationality and origin, the payment method and withdrawal method, different safety measurements must be taken.
ByBet.Casino also puts reasonable measures in place to control and limit ML risk, including dedicating the appropriate means.
ByBet.Casino is committed to high standards of anti-money laundering (AML) according to the EU guidelines, compliance, and requires management & employees to enforce these standards in preventing the use of its services for money laundering purposes.
The AML program of ByBet.Casino is designed to be compliant with:
EU: “Directive 2015/849 of the European Parliament and of The Council of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering”
EU: “Regulation 2015/847 on information accompanying transfers of funds”
EU: Various regulations imposing sanctions or restrictive measures against persons and embargo on certain goods and technology, including all dual-use goods
BE: “Law of 18 September 2017 on the prevention of money laundering limitation of the use
Definition of money laundering:
•Money Laundering is understood as:
•The conversion or transfer of property, especially money, knowing that such property is derived from criminal activity or from taking part in such activity, for the purpose of concealing or disguising the illegal origin of the property or of helping any person who is involved in the commission of such an activity to evade the legal consequences of that person's or companies action;
•The concealment or disguise of the true nature, source, location, disposition, movement, rights with respect to, or ownership of, property, knowing that such property is derived from criminal activity or from an act of participation in such an activity;
•The acquisition, possession or use of property, knowing, at the time of receipt, that such property was derived from criminal activity or from assisting in such an activity;