Anti-Money Laundering (AML) Policy

1) COMPLYING WITH LAWS:

  • a. ReelFortune online casino is committed to fully complying with all applicable anti-money laundering laws, regulations, and guidelines.

  • b. The casino maintains strict policies and procedures to prevent money laundering, terrorist financing, and other illicit activities.

2) CUSTOMER DUE DILIGENCE (CDD):

  • a. ReelFortune conducts thorough customer due diligence procedures to verify the identity of all customers.

  • b. Customer identification and verification measures are implemented during the registration process and periodically thereafter.

  • c. Enhanced due diligence measures are applied to customers who are considered higher risk, based on predetermined risk criteria.

3) KNOW YOUR CUSTOMER (KYC):

  • a. ReelFortune collects and verifies customer information in accordance with KYC principles.

  • b. Customers are required to provide valid identification documents, proof of address, and other relevant information as deemed necessary.

  • c. Ongoing monitoring of customer accounts is conducted to ensure the accuracy and currency of customer information.

4) SUSPICIOUS ACTIVITY MONITORING:

  • a. ReelFortune employs sophisticated monitoring systems to detect and report any suspicious activities or transactions.

  • b. Unusual or potentially suspicious patterns, including large deposits, frequent transfers, or inconsistent gambling behavior, trigger enhanced scrutiny.

  • c. The casino's dedicated AML team investigates and reports suspicious activities to the appropriate regulatory authorities as required.

5) RECORD KEEPING:

  • a. ReelFortune maintains comprehensive records of all customer transactions and relevant identification documents.

  • b. Transaction records include the date, amount, source, and purpose of the funds, as well as any additional information required by regulatory authorities.

  • c. Records are securely stored and maintained for the prescribed period as mandated by applicable laws and regulations.

6) REPORTING:

  • a. ReelFortune promptly reports any suspicious transactions or activities to the relevant authorities in accordance with applicable regulations.

  • b. The casino cooperates fully with law enforcement agencies and shares information as required by legal obligations.

7) STAFF TRAINING AND AWARENESS:

  • a. ReelFortune provides regular training programs to its employees to enhance their understanding of AML policies and procedures.

  • b. Staff members are educated on recognizing potential money laundering risks, reporting obligations, and their role in preventing illicit activities.

8) NON-TOLERANCE OF MONEY LAUNDERING:

  • a. ReelFortune has a zero-tolerance policy toward money laundering, terrorist financing, and other illicit activities.

  • b. Any attempts to engage in money laundering activities will be reported, and the account(s) involved will be frozen, terminated, or subjected to legal action as appropriate.

9) CONTINUOUS REVIEW AND UPDATE:

  • a. ReelFortune periodically reviews and updates its AML policies and procedures to ensure their effectiveness and compliance with changing laws and regulations.

10) CONFIDENTIALITY:

  • Reel Fortune respects the privacy and confidentiality of customer information and ensures that it is protected in accordance with applicable data protection laws.