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KYC Policy

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KYC (Know Your Customer) Policy

1. Introduction

At OnlineCasinoAPI.com, we take regulatory compliance and security seriously. Our Know Your Customer (KYC) Policy ensures that all clients and their end-users are properly verified to prevent fraud, money laundering, and other illicit activities.

KYC verification is a mandatory requirement for all businesses that engage in financial transactions, including online gaming operators using our casino API, sportsbook solutions, and payment processing services. By utilizing our services, you agree to comply with our KYC verification process.

2. Why KYC is Important

The primary goals of our KYC Policy are to:

  • Prevent identity theft, fraud, and unauthorized transactions.
  • Ensure compliance with Anti-Money Laundering (AML) laws.
  • Verify the legitimacy of businesses and their operators before granting API access.
  • Protect the integrity of our services and prevent their misuse for illegal activities.

3. KYC Requirements for Clients

To access and use our services, clients must submit verifiable documents as part of the KYC process. The required documentation includes:

For Business Entities (Casino Operators, Affiliates, Payment Partners):

  • Certificate of Incorporation – Official business registration document.
  • Company Ownership Details – List of directors, shareholders, and ultimate beneficial owners (UBOs).
  • Valid Business License – Proof of authorized gaming operations.
  • Tax Identification Number (TIN) – Where applicable.
  • Proof of Address – A recent utility bill or lease agreement for the registered business location.

For Individual Clients & Business Owners:

  • Government-Issued Identification – Passport, national ID card, or driver’s license.
  • Proof of Address – Recent bank statement or utility bill (issued within the last 3 months).
  • Proof of Payment Method – Credit card authorization, crypto wallet ownership verification, or banking details.

4. How We Process and Verify KYC Documents

Once KYC documents are submitted, our compliance team will:

  1. Review and authenticate all documents for validity and accuracy.
  2. Conduct background checks to verify company legitimacy and regulatory standing.
  3. Perform fraud risk assessments to identify potential financial risks.
  4. Approve or request additional information within 5-7 business days.

Failure to provide complete or accurate information may result in delayed account approval or service denial.

5. Ongoing Monitoring & Compliance Reviews

As part of continuous regulatory compliance, we conduct periodic reviews of all active accounts. Clients may be asked to:

  • Update KYC information annually.
  • Submit additional verification if flagged for suspicious activity.
  • Confirm ongoing compliance with AML and gambling regulations.

6. Consequences of Non-Compliance

If a client fails to comply with our KYC policy, we reserve the right to:

  • Suspend API access until verification is completed.
  • Terminate contracts with entities that provide fraudulent or misleading information.
  • Report suspicious activities to relevant regulatory authorities.

7. Data Protection & Confidentiality

All KYC-related documents and information are stored securely and encrypted in compliance with GDPR and data protection laws. We do not share or sell client data to third parties without explicit consent, except as required by law.

📧 For KYC verification inquiries, please contact our compliance team at info@onlinecasinoapi.com.