AML and KYC Policy for Glory Casino Bangladesh

Preventing money laundering is crucial for all countries. Glory Casino consistently maintains the highest vigilance against money laundering. To this end, all our accounts undergo a three-step verification process to ensure the accuracy of all registered information. This helps prevent money laundering and ensures maximum security for deposits and withdrawals.

Above all, Glory Casino takes all necessary measures, including appropriate fund allocation, to control and limit the risks of money laundering. To maintain its Anti-Money Laundering (AML) policy, Glory Casino Bangladesh provides strict guidelines to everyone associated with the casino.

Preventing Money Laundering at Glory Casino<

Preventing money laundering is important for various reasons. Money laundering is carried out to legitimize funds obtained from illegal sources or to finance illicit criminal activities.

Funds used for money laundering lack a legitimate source and a rightful owner, and attempts are often made to transact these funds under a disguise. It should be noted that such assets are typically acquired through criminal activities.

Money laundering leads to capital flight from the country, damaging the national economy. Simultaneously, it increases earnings through illegal means. Considering all these aspects, Glory Casino implements all necessary measures to prevent money laundering.

Measures Taken to Prevent Money Laundering

In accordance with anti-money laundering laws, www.glory.casino, through UD Advertising Agency Ltd, takes all necessary measures to prevent money laundering.

Additionally, an Anti-Money Laundering Compliance Officer (AMLCO) is directly responsible for implementing AML policies and procedures within the system and takes all necessary actions.

Three-Step Verification Process

Glory Casino implements a three-step verification process.

First-Step Verification

First-step verification is mandatory for all customers. At this stage, you need to:

  1. Log in: Enter your login credentials to access your account.
  2. Enter Data: Fill out the verification form with your first name, last name, date of birth, country of residence, gender, and full address.

After correctly providing the above information, your first-step verification will be complete.

Second-Step Verification

Second-step verification is mandatory for everyone who deposits more than BDT 200,000, withdraws more than $2,000 (two thousand US dollars), or sends more than BDT 200,000 to another user. Until step-two verification is completed, withdrawal, tipping, and deposit activities will be suspended. In this verification step, the user or customer will be directed to a subpage where they must provide their photo ID, which must be an official or recognized ID. All information at this stage will be electronically verified for consistency with the step-one verification data. If, after the electronic check, discrepancies are found, the user must provide a government-issued registration certificate or a similar document to confirm the authenticity of the information.

Third-Step Verification

Every user who deposits or withdraws BDT 500,000 or sends more than BDT 300,000 to another user must complete third-step verification. Until step-three verification is completed, withdrawal, tipping, or deposit activities will be suspended. In this third step, the user or customer will be asked about the source of their funds.

Customer Identification and Verification (KYC)

Customer Identification and Verification (KYC) policies play a crucial role in preventing money laundering and fraudulent players.

This identification method adheres to the following fundamental aspects

A copy of a passport, ID card, or driving license must be provided, each bearing a randomly handwritten six-digit number.

Secondly, a clear photograph of the user's or customer's face must be provided. In addition to the date, other information about the user or customer includes:

  • Date of birth;
  • Nationality;
  • Gender;
  • First name, last name;
  • Photograph.

The confidentiality of all such information will be protected by Glory Casino Bangladesh.

Please note that all four corners of the ID must be visible in the picture, and all mentioned details must be clearly legible. If necessary, we may request additional details beyond these. Additional checks may be conducted by us based on the situation.