Anti-Money Laundering (AML) Policy
Realbet UK is committed to meeting the highest standards in preventing money laundering and the financing of terrorism. In line with our AML Policy and the requirements of our licensing authority, we apply measures designed to detect and deter the use of our services for illegal purposes.
Where there is a reasonable suspicion that funds deposited to a Realbet account may be connected to criminal activity or terrorism financing, we are required to report this to the relevant authorities. In such cases, Realbet may freeze funds and restrict account activity while the situation is reviewed.
What Is Money Laundering?
For the purposes of this policy, money laundering includes, but is not limited to:
- Concealing or disguising the true origin, ownership, location, movement, or control of assets that originate from criminal activity.
- Transforming, transferring, acquiring, possessing, or using assets derived from criminal conduct in order to hide their illicit source or assist others in avoiding legal consequences.
- Taking part in transactions or structures that involve assets obtained through criminal activity, including those committed in another country.
How Realbet Helps Prevent Money Laundering
To limit the risk that our services are misused for illegal purposes, Realbet UK:
- Applies customer due-diligence and identity checks before allowing full access to deposits and withdrawals.
- Monitors transactions and account behaviour for patterns that may indicate suspicious activity.
- Uses internal rules for escalating and reporting cases to the competent authorities where required by law.
- Trains relevant staff to recognise and handle potential money-laundering and terrorism-financing risks.
These measures are part of our legal obligations and are not optional for either the operator or the player.
Your Obligations as a Realbet Customer
By opening and using an account with Realbet UK, you agree to:
- Comply with all applicable laws and regulations related to anti-money laundering and counter-terrorism financing, as well as with this AML Policy and the site’s Terms and Conditions.
- Confirm that the funds you deposit now and in the future are not derived from criminal activity and are not being used to disguise the proceeds of illegal acts or any other conduct prohibited by law.
- Provide accurate and up-to-date information when we ask for identity documents, proof of address, payment method confirmation, or evidence of source of funds.
- Cooperate with any additional checks Realbet may need to perform, including temporary limits or holds on transactions while reviews are completed.
Failure to comply with these obligations may result in restrictions on your account, closure of the account, and reporting of the activity to the relevant authorities, in line with our legal duties and licence conditions.