Anti-Money Laundering (AML) Policy
We are dedicated to following the strictest standards in preventing money laundering (AML) and terrorism financing, as outlined in our AML policy. We apply firm measures to stop illegal activities and notify appropriate authorities of any questionable behavior. If there are concerns about the source of deposited funds, we may suspend those funds and act according to our AML rules.
Customer Verification (KYC) Practices
At 1-win.app, our KYC practices are vital for reducing risks tied to money laundering and terrorism financing. These steps include:
- Identity Confirmation: Providing valid identification documents, such as a passport or ID card, with your name, birth date, and a visible photo.
- Address Validation: Submitting a recent document (less than three months old), like a utility bill, to verify your address.
- Funds Source Check: Declaring the origin of funds used, with additional documents if required.
These practices maintain a safe platform in line with global standards.
User Responsibilities and AML Rules
By accessing 1-win.app’s services, you agree to comply with these AML-related regulations:
- Confirm that deposited funds are not from illegal sources.
- Supply extra details when asked to meet legal standards.
- Agree to regular transaction checks to identify questionable behavior.
What Constitutes Money Laundering
Money laundering refers to the following activities:
- Hiding the true source, location, destination, ownership, or rights to illegally obtained funds.
- Transferring, converting, acquiring, or using proceeds from criminal acts to mask their unlawful origins.
- Engaging in transactions with illegally obtained assets, including across borders.
- Global regulations impose firm measures to counter money laundering and terrorism financing.
Fund Withdrawal Process
Before processing withdrawals, we review your deposit history to confirm the legitimacy of the funds. Withdrawals are handled using the same payment method as the deposit, adhering to AML guidelines.
Tracking and Reporting Questionable Behavior
We actively monitor account activities to spot irregularities. Any questionable behavior is confidentially reported to the appropriate authorities. Our team is trained to recognize and report such incidents without sharing sensitive details.
Risk Mitigation Strategies
1-win.app implements specific risk mitigation approaches, including:
- Pinpointing risks associated with money laundering and terrorism financing.
- Creating focused policies to reduce these risks.
- Regularly monitoring and refining control practices.
- Recording actions taken and explaining decisions made.
These efforts provide robust protection for our users and operations.
Adherence and Penalties for Non-Compliance
We confirm that all staff are aware of the legal repercussions of not following AML regulations. Violations, such as failing to report suspicious behavior, may result in significant penalties.
At 1-win.app, we are dedicated to combating money laundering and delivering an open, legally compliant service to all users.
