Anti Money Laundering
UNIBIT GAMES(Company, We, Us) is committed to carrying on business in accordance with the
highest ethical
and business standards. This includes complying with all applicable laws and regulations aimed at
combating money laundering and related illegal activities.
As an integral part of its business operations, the Company has instituted compliance measures
commensurate with its Services, and to deter any potential illicit activity on its Platform. These
measures may include, without limitation, onboarding and ongoing customer screening, and
transaction-based controls.
This Anti Money Laundering Policy (AML Policy) describes the Company’s measures to detect and deter
illicit activity on its Platform. It must be read in conjunction with our Terms of Use
(unibit.in/terms-and-condition) (Terms) and Privacy
Policy (unibit.in/privacy )
(Privacy Policy) and is binding on all users.
User Identification Protocol
1. The Company takes reasonable measures to establish the identity of any person to whom it provides
Services.
2. In order to do so, the Company collects certain minimum player identification details from each
User,
who registers an account with Us, in accordance with our Terms and the Privacy Policy.
3. Registered Users who wish to withdraw funds from their account, may be required to first have
their
accounts officially confirmed by the Company. For this, the Company may compulsorily require Users
to
provide valid photo identification, and address proof documents for proof of identity and address.
Failure to provide the Company with a valid bank account or valid identification documents (to its
satisfaction) may result in the forfeiture of amounts sought to be withdrawn by a User.
4. Withdrawals may, therefore, be permitted subject strictly to the submission of a User’s PAN,
Aadhaar
verification, geolocation verification, and the withdrawal bank details, as per verified documents.
5. The Company may also seek further documents from the Users to conduct Know Your Customer (KYC)
verification, in accordance with applicable laws. Further, the Company reserves the right to request
additional personal information from Users, in the interests of security, enhanced customer service,
and
compliance requirements. This includes, without limitation, Users’ proof of address,
government-authorized identification cards, and other information/documents as may be required by
the
Company.
User Obligations
1. Users accept that they must comply with this AML Policy. Users specifically confirm that they
neither
do they intend to, nor are they using the Platform and our Services to commit any listed or criminal
offenses.
2. Users must ensure that they submit accurate and up-to-date personal information that belongs to
them.
Transaction Monitoring
1. We monitor activity on the Platform, through manual and automated means, on an ongoing basis.
Such
monitoring may be performed using rule-based systems developed in-house and by third parties, to
review
User history and activity patterns, to check for unusual or suspicious behavior, and implement
additional controls or limits on the Platform. Users may make payments for Services only through
integrated payment gateways, through electronic means. We neither accept payments from Users, nor
allow
withdrawals by Users in the form of cash.
2. If we detect unusual or suspicious User behavior, we may take actions we deem appropriate,
including
without limitation:
ask Users to submit more information and/or documents;
mandate additional KYC verification;
restrict, suspend, or terminate a User’s account;
disallow withdrawal of funds by a User; and
forfeit amounts sought to be withdrawn by a User.
We monitor Users’ relationships in accordance with the best industry practices, and in alignment
with
international recommendations, guidelines, and commitments. The extent of monitoring may depend on
various factors including upon each User’s risk profile, volume, value of transaction, time of
transaction, and frequency of transactions with similar players, table etc.
Any User account which may be involved in suspicious transactions potentially related to money
laundering, or other offense, may be reported to the appropriate law enforcement agencies.
For the purposes of this clause, suspicious transactions may mean and/or include:
unusually complex transactions;
transactions which do not appear to be undertaken in good faith;
transactions which do not appear to have any economic basis;
transactions which appear to involve proceeds of any offense listed in the Schedule to the
Prevention of
Money Laundering Act, 2002.
We maintain records of transactions occurring on our Platform for such timelines that are required
under
the applicable laws.
For compliance with this policy, we may reach out to you from time to time.
Changes to AML Policy
The Company may revise this AML Policy from time to time. Such changes may be made without prior
notice.
We will, in any event, periodically inform our users of this AML Policy, and any change in this
Policy,
as required by law.
Updates to this AML Policy, if any, will be made available on our official website,
https://www.unibit.in/.
Or Contact Here :
support@unibit.in.
