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AML Policy

At ValorBet, we take the prevention of money laundering and the financing of terrorism extremely seriously. This AML & CTF Policy reflects our dedication to ensuring that our services are used strictly for legal, ethical, and transparent purposes.

Our Mission and Purpose

The primary aims of this policy are to:

  • Block any attempt to use ValorBet as a channel for money laundering or unlawful financial activities.

  • Identify, monitor, and report any unusual or suspicious financial transactions.

  • Safeguard the integrity of our operations while maintaining the trust of our players, partners, and regulatory authorities.

Compliance with Laws and Regulations

We fully adhere to:

  • International AML and CTF guidelines, including those established by the Financial Action Task Force (FATF).

  • National legal frameworks and compliance requirements applicable to every jurisdiction in which we operate.

We cooperate openly and fully with law enforcement and regulatory agencies when required.

Know Your Customer (KYC) Verification

To ensure the highest level of security, all users must complete a KYC verification process before accessing our services. This process includes:

  • Submitting a valid government-issued photo ID.

  • Providing recent proof of residential address.

  • Confirming the legitimacy of payment methods and sources of funds.

Accounts that do not meet these requirements may face restrictions, suspension, or permanent closure.

Continuous Transaction Monitoring

We actively monitor all financial transactions to detect:

  • Unusual patterns or inconsistent transaction behaviors.

  • Rapid transfers of large sums without valid explanation.

  • Connections to high-risk regions or flagged individuals.

Any transactions or behaviors that raise red flags will be investigated and may be reported to the relevant authorities.

Record-Keeping and Reporting

We securely maintain comprehensive records of:

  • Customer identity documents.

  • All financial transactions made through the platform.

  • Any filed Suspicious Activity Reports (SARs).

These records are held for the period required by law and are available for regulatory inspection if necessary.

User Obligations

By using ValorBet, all users agree to:

  • Provide truthful, accurate, and updated personal information.

  • Only use funds from lawful and legitimate sources.

  • Avoid any behavior that could be interpreted as suspicious or unlawful.

Prohibited Practices

The following actions are strictly forbidden:

  • Using accounts belonging to third parties for deposits or withdrawals.

  • Attempting to bypass transaction limits or identity checks.

  • Operating multiple accounts for fraudulent or deceptive purposes.

Engaging in any of these prohibited activities will result in immediate account closure and potential reporting to the authorities.

Data Security and Privacy Commitment

All personal information collected under this policy is handled in full compliance with data protection regulations. We are committed to safeguarding the confidentiality and integrity of user information at every step.

Policy Updates and Revisions

Our AML/CTF Policy is reviewed on an ongoing basis and updated when necessary to reflect changes in legal requirements or operational needs. The most current version will always be accessible on our website.