Aml Policy

Purpose and Scope

Linebet maintains an anti-money laundering (AML) and know-your-customer (KYC) program to prevent money laundering, terrorist financing, and other illicit activities, and to comply with applicable licensing and regulatory requirements. This Policy governs customer onboarding, ongoing due diligence, data handling, and the reporting of suspicious activity for all Linebet customers and services.

Risk-Based Approach

Linebet operates a risk-based framework to determine the level of due diligence and monitoring for each customer and transaction. Risk factors include geographic exposure, customer risk, and transaction risk. Key categories are:

  • Geographic risk: residence or links to jurisdictions with deficient AML/CFT regimes or high‑risk status as identified by credible authorities.
  • Customer risk: presence of Politically Exposed Persons (PEPs) or adverse regulatory or enforcement history, or indicators of illicit activity.
  • Transaction risk: unusual deposit/withdrawal patterns, high‑velocity activity, or transactions lacking plausible economic justification.

Onboarding and Verification

Verification occurs as part of customer onboarding and ongoing monitoring. Standard Verification is activated when the cumulative value of deposits, wagers, or withdrawals reaches or exceeds USD 1,000, or when the Company identifies significant risk requiring enhanced scrutiny.

  • Documents may include a color copy or image of a government-issued identification document (e.g., passport, national ID card, driver’s license).
  • Proof of address, such as a recent utility bill or bank statement. If the address is shown on the identification document, a separate address document may not be required.
  • For card‑based deposits: a clear image of the payment card showing the cardholder name (which must match the account holder); the card number may be partially masked (first six digits and last four digits visible); CVV code must be redacted or omitted.
  • A photograph of the account holder holding the identification document when requested.

Linebet may request additional documentation or data to complete verification, including source of funds or tax residency information, in accordance with applicable laws. All documents are processed and stored in secure conditions in line with data protection obligations.

Enhanced Verification for PEPs and High‑Risk Jurisdictions

Customers identified as Politically Exposed Persons or linked to high‑risk jurisdictions are subject to Enhanced Verification. Measures may include additional documentary evidence, more detailed source‑of‑funds information, and intensified ongoing monitoring. Final verification approval rests with senior compliance management. Linebet reserves the right to request further information as necessary.

Ongoing Monitoring and Suspicious Activity

Linebet continuously monitors account activity for suspicious or anomalous behaviour. Indicators of suspicious activity include, but are not limited to:

  • Significant changes in depositing or wagering patterns without credible explanation;
  • Use of multiple devices or IP addresses to access a single account;
  • Discrepancies between geolocation data and account or payment information;
  • Reluctance to provide verification information or to complete required steps;
  • Structured deposits or attempts to evade monitoring controls.

Suspected activity is escalated to the anti‑fraud function for risk assessment and, where warranted, reported to the appropriate authorities in accordance with legal obligations.

Transaction Monitoring and Payment Compliance

All deposits and withdrawals must comply with the following rules:

  • The name on the payment instrument must match the Linebet account holder’s name; third‑party payments are prohibited.
  • Deposits via e-wallets or card payments must be attributable to the registered account holder; there shall be a reliable link between the payer and the account holder.
  • Linebet does not accept anonymous payment instruments and will not withdraw funds deposited through such means.
  • Withdrawals will be conducted to the same payment instrument used for the deposit, or to another verified instrument, where appropriate verification has been completed.

Record-Keeping, Data Retention and Privacy

Linebet retains identification documents, transaction records, and related data in accordance with applicable AML/CFT laws and data protection regulations. Retention periods shall be no less than five years from the date of the last transaction or account closure, or longer where required by law. Data handling complies with GDPR-equivalent principles and licensing conditions, and access is restricted to authorized personnel.

Data Security and Recipients

Linebet employs appropriate technical and organizational measures to protect personal data against loss, misuse, and unauthorized access. Data may be processed by Linebet affiliates and trusted service providers under written agreements. Cross‑border data transfers occur only where adequate protections exist or appropriate safeguards are in place, in compliance with applicable law.

Disclosures and Cooperation with Authorities

Linebet may disclose information as required by law or regulation, or to investigate or prevent financial crime. Disclosures may be made to regulatory authorities, law enforcement, payment processors, and other service providers under confidentiality obligations where necessary to fulfill compliance duties.

Amendments and Communications

This Policy may be amended from time to time in Linebet’s sole discretion to reflect changes in law or licensing requirements. Material changes will be communicated via in‑platform messaging and/or account email. Continued use after notification constitutes acceptance of the updated Policy.

User Obligations

Customers must provide accurate information, promptly update changes, and cooperate with verification requests. Refusal or failure to provide required information may result in account restrictions, hold on transactions, or termination of services, consistent with applicable laws and internal policy.

Support and Contact

For AML/KYC inquiries or to update verification information, customers should use the Linebet in‑platform support portal or the official support channels accessible within the Linebet platform.