Anti-Money Laundering (AML) Policy at Fastpay Casino

Fastpay Casino maintains a comprehensive Anti-Money Laundering (AML) framework to prevent the misuse of its services for unlawful financial activity. The purpose of this policy is to detect, deter and report suspicious transactions while ensuring compliance with applicable international standards and regulatory expectations relevant to Australian users. AML controls operate in conjunction with Know Your Customer (KYC) procedures to verify player identity, monitor financial activity and protect the integrity of the gaming environment.

Objectives of the AML Policy

The primary objective of this AML Policy is to prevent the use of Fastpay Casino for money laundering, terrorist financing, fraud or any other form of financial crime. This includes the identification of unusual transaction patterns, prevention of anonymous account usage and enforcement of structured identity verification procedures.

The policy is aligned with international AML standards established by the Financial Action Task Force (FATF) and reflects regulatory expectations applicable to Australian users, including obligations consistent with Australian Transaction Reports and Analysis Centre (AUSTRAC) guidance. Internal controls are implemented to identify high-risk transactions, restrict suspicious accounts and report qualifying activities to appropriate authorities when required.

Customer Identification (KYC)

Fastpay Casino applies mandatory Know Your Customer (KYC) procedures to verify the identity of all players. Identity verification is required prior to the approval of any withdrawal request and may be initiated earlier if account activity reaches defined compliance thresholds.

Players are required to provide a valid government-issued photo identification document, proof of residential address dated within the previous three months, confirmation of date of birth and verification of the payment method used for deposits. Documentation is submitted through a secure upload channel and reviewed by the compliance department.

Verification includes authentication of document validity, cross-checking personal data against account records and confirmation of payment method ownership. Enhanced due diligence may apply to higher-risk accounts, including requests for proof of source of funds. Accounts remain restricted from withdrawal processing until verification is completed.

Transaction Monitoring

All financial transactions conducted through Fastpay Casino are subject to continuous monitoring through automated risk-detection systems. Monitoring mechanisms evaluate deposit frequency, wagering activity, withdrawal timing and deposit-to-withdrawal ratios.

Transactions are assessed against predefined risk indicators such as multiple high-value deposits within short periods, rapid withdrawal requests following limited gameplay activity, use of multiple payment methods within a single account and inconsistent geographic login patterns.

If transaction activity deviates from expected behavioural profiles, the account may be temporarily restricted pending internal review. Compliance officers conduct further analysis to determine whether the activity meets criteria for suspicious reporting under applicable AML standards.

Reporting and Record-Keeping

Fastpay Casino maintains detailed records of customer identification data, transaction histories and compliance reviews in accordance with AML retention standards. Records are securely stored within internal systems and retained for a minimum period consistent with regulatory expectations, generally no less than five years from the date of the last recorded transaction.

Where suspicious activity is identified, Fastpay Casino may file appropriate reports with competent authorities, including financial intelligence units operating within relevant jurisdictions. Reporting procedures follow established legal obligations and regulatory cooperation frameworks applicable to Australian users.

Compliance and Cooperation

Fastpay Casino operates under a Curaçao gaming licence issued to Dama N.V. and implements AML procedures consistent with international regulatory expectations. For Australian users, AML controls are structured in alignment with standards relevant to AUSTRAC guidance concerning risk-based customer due diligence and suspicious activity identification.

The compliance department maintains internal AML policies and employee training programmes to ensure awareness of reporting responsibilities. Where legally required, information related to customer accounts and transaction activity may be disclosed to authorised regulatory or law enforcement authorities.

Player Responsibilities

Players are required to provide accurate, complete and current information during account registration and throughout the duration of their relationship with Fastpay Casino. Any changes to personal details or payment methods must be updated promptly within the account profile.

Submission of valid identification documentation is mandatory upon request. Deposits must originate from lawful sources and payment methods must be registered in the name of the account holder. The use of third-party payment instruments is prohibited.

Failure to comply with verification requests or submission of inaccurate information may result in account restriction, suspension or reporting to relevant authorities under applicable AML obligations.