AML Policy

1. General Provisions

This Anti-Money Laundering (AML) Policy outlines the measures implemented by 7bit Casino to prevent money laundering, terrorist financing, and other forms of illegal financial activity. The platform follows internationally recognized AML standards and applies internal control procedures designed to protect players while ensuring the integrity and transparency of all financial transactions.

Although 7bit Casino is accessible to players from Australia, users should be aware of the country’s regulations regarding online gambling. By using the platform, players acknowledge and agree to comply with this AML Policy, the Know Your Customer (KYC) requirements, and all related security procedures.

2. Objectives of the AML Policy

The primary purpose of the AML framework is to maintain a secure gaming environment and prevent the platform from being used for unlawful financial activities. The policy aims to:

prevent money laundering and financial crime;
verify the legitimate origin of deposited funds;
identify and investigate suspicious transactions;
comply with applicable international AML regulations and industry standards;
maintain transparency across all payment operations.

3. Customer Identification (KYC)

As part of its Know Your Customer (KYC) procedures, 7bit Casino may verify the identity of its customers. Registration is generally straightforward; however, additional verification may be required before withdrawals are processed or if unusual account activity is detected.

Players may be asked to provide:

a valid passport, driver’s licence, or other government-issued photo identification;
proof of residential address, such as a utility bill or bank statement;
evidence of ownership of the payment method or cryptocurrency wallet used;
additional information regarding the source of funds when necessary.

Some financial services, particularly withdrawals, may remain unavailable until the verification process has been successfully completed.

4. Transaction Monitoring

All deposits and withdrawal requests are subject to automated and manual monitoring. Particular attention is given to activities that differ from a customer’s normal behaviour or may indicate potential financial misconduct.

Additional review may be initiated in cases involving:

large or unusually frequent deposits and withdrawals;
withdrawal requests made shortly after depositing with little or no gaming activity;
the use of multiple payment methods without a reasonable explanation;
payments involving third parties;
frequent changes to personal details or payment information.

Where necessary, transactions may be temporarily suspended until internal compliance checks have been completed.

5. Enhanced Due Diligence

If a customer’s risk profile or financial activity requires further assessment, 7bit Casino may conduct Enhanced Due Diligence (EDD). These procedures are intended solely to satisfy compliance obligations and protect the integrity of the platform.

Enhanced verification may include:

requests for additional supporting documentation;
verification of the origin of deposited funds;
extended monitoring of account activity;
manual review of selected transactions by the compliance team.

6. Prohibited Activities

To maintain a secure and compliant gaming environment, users are strictly prohibited from:

creating multiple player accounts;
using another person’s identity or payment methods;
concealing the origin of funds through artificial gambling activity;
allowing third parties to access or operate their account;
participating in fraud, collusion, or any other unlawful conduct.

Violations of these rules may result in account suspension, cancellation of winnings, delayed withdrawals, or permanent account closure following an internal investigation.

7. Reporting Suspicious Activity

If suspicious financial activity is identified, 7bit Casino reserves the right to investigate the matter, temporarily restrict account access, delay payment processing, and, where legally required, report relevant information to competent regulatory or law enforcement authorities. In accordance with applicable regulations, customers may not always be informed that such reports have been submitted.

8. Record Retention

Documents collected during KYC procedures, payment records, transaction histories, compliance reviews, and communications with customer support are retained for the period required under applicable legal and regulatory obligations. These records help ensure regulatory compliance and facilitate the resolution of potential disputes.

9. Internal Compliance Procedures

7bit Casino continuously improves its AML compliance programme. Compliance personnel receive regular training on financial crime prevention, transaction monitoring, regulatory obligations, and internal security procedures. Advanced monitoring tools and risk assessment systems are used to identify suspicious behaviour while maintaining a secure environment for all players.

10. Consequences of Non-Compliance

Failure to comply with this AML Policy may result in one or more of the following actions:

temporary suspension of the player account;
delayed or suspended withdrawals and deposits;
cancellation of transactions where violations are identified;
requests for additional identity verification;
permanent account closure in cases involving serious or repeated breaches.

Each case is reviewed individually in accordance with the operator’s internal policies and applicable legal requirements.

11. Amendments to the AML Policy

7bit Casino reserves the right to amend this AML Policy at any time to reflect changes in legislation, licensing requirements, regulatory standards, or internal compliance procedures. The most current version will be published on the official website and will become effective immediately upon publication. Players are encouraged to review this policy regularly to remain informed of any updates.