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Anti-Money Laundering (AML) Policy

This Anti-Money Laundering Policy (“AML Policy”) outlines the measures and procedures implemented by Betum (“Company”, “we”, “us”, “our”) to prevent and combat money laundering, terrorist financing, fraud, and any other illegal or unauthorized activities through the use of our services.

Betum is operated by Pulsiora Ltd. By registering an account and using our services, you agree to comply with this AML Policy.

1. Purpose

The purpose of this Policy is to ensure that Betum complies with applicable anti-money laundering laws, regulations, and international standards, and to protect the integrity of our platform from being used for illegal purposes.

2. Risk-Based Approach

Betum applies a risk-based approach to customer due diligence and transaction monitoring. We reserve the right to apply enhanced verification procedures depending on the customer’s risk profile, country of residence, transaction behavior, and other relevant factors.

3. Customer Identification (KYC)

All customers must complete identity verification (Know Your Customer – KYC) procedures when requested. The Company may require, at its sole discretion, the following documents:

  • Government-issued photo identification (passport, ID card, or driver’s license);
  • Proof of address (utility bill, bank statement, or official correspondence);
  • Proof of payment method ownership;
  • Selfie or live verification;
  • Source of Funds documentation.

The Company reserves the right to suspend or restrict any account until satisfactory verification is completed.

4. Source of Funds

Betum reserves the right to request information and documentation regarding the origin of deposited funds. This may include bank statements, payslips, tax declarations, business ownership documents, or other relevant materials.

If a customer fails to provide sufficient proof of funds upon request, the Company may suspend the account, withhold withdrawals, or terminate the account.

5. Transaction Monitoring

All transactions are monitored to detect unusual, suspicious, or potentially fraudulent activities, including but not limited to:

  • Frequent deposits and withdrawals without meaningful gameplay;
  • Multiple accounts operated by the same individual;
  • Use of third-party payment methods;
  • Structured deposits intended to avoid verification thresholds;
  • Chargeback abuse or payment disputes.

The Company reserves the right to investigate and take appropriate action, including account suspension and confiscation of funds where permitted by applicable laws and Terms and Conditions.

6. Sanctions and Restricted Jurisdictions

Betum does not accept customers from jurisdictions subject to international sanctions, high-risk jurisdictions, or countries where online gambling is prohibited. We may use third-party compliance tools to screen customers against sanctions lists and politically exposed persons (PEP) databases.

The Company reserves the right to block or terminate accounts associated with restricted jurisdictions.

7. Record Keeping

Betum maintains records of customer identification data, transaction history, and verification documentation for the period required by applicable regulations. Such data may be disclosed to competent authorities upon lawful request.

8. Reporting of Suspicious Activity

The Company reserves the right to report any suspicious transactions or activities to relevant authorities or regulatory bodies without notifying the customer where required or permitted by law.

9. Account Suspension and Termination

Betum may suspend, restrict, or permanently close any account if there is suspicion of money laundering, fraud, terrorist financing, or other illegal activities. In such cases, withdrawals may be delayed or refused pending investigation.

The Company shall not be liable for any losses or damages arising from actions taken in compliance with this AML Policy.

10. Amendments

Betum reserves the right to amend this AML Policy at any time. Updated versions will be published on this page and become effective immediately upon publication.

If you have any questions regarding this AML Policy, please contact our compliance department via the contact details provided on our website.