KYC and AML Policy at 1Win

1Win takes all necessary measures to combat money laundering and international terrorist financing (AML policy). The company adopts strict and principled positions regarding the prevention of illegal activities and compliance with all related regulations. As part of this commitment, we are obliged to inform the relevant government authorities if there is reason to believe that funds you have deposited are related to money laundering or terrorist financing. Read the main terms of 1Win’s KYC policy below.

Familiarize yourself with 1Win KYC and AML policy.

What Is Money Laundering?

Money laundering is the act of concealing or maintaining confidential information about the true origin, source, location, movement, ownership, or other rights to property derived from illegal activities (or property received in exchange for such property).

Many countries are constantly combating money laundering and terrorist financing to prevent criminal capital from entering the economy. 1Win implements internal regulations and special programmes to assist governmental and international organisations in combating these issues.

KYC and AML Policy Terms

By registering an account on the 1Win website, you confirm the following:

  • You confirm that you have no knowledge or suspicion that the funds used to fund your account, past, present, or future, are from illegal sources. They are in any way related to money laundering or other illegal activities prohibited by law or the guidelines of international organisations;
  • You also agree to promptly provide us with any information that we deem necessary to comply with applicable anti-money laundering laws and regulations.

1Win collects and stores your identification documents and records of all transactions made on your account. We may monitor suspicious transactions on a user’s account, as well as transactions made under special conditions.

We will ask you to provide certain minimum information to verify your identity. Minimum identifying information includes:

  • User’s full name;
  • Date of birth (for individuals);
  • User’s residential or registration address;
  • The source of funds to top up the account on the site.

To verify the specified data, 1Win may ask the user to provide a passport, identity card or other document, which must contain the name, date of birth and photograph of the holder and be issued by a public authority.

 

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