Betwinner KYC/AML Measures


Betwinner India prioritizes integrity and transparency in its operations. Our Know Your Customer (KYC) and Anti-Money Laundering (AML) policy delineates our commitment to detecting, preventing, and reporting instances of money laundering, terrorism financing, and other illicit activities. We adhere to the highest standards of regulatory compliance across the jurisdictions where we operate, implementing stringent KYC/AML protocols.

KYC Procedures: Customer Identification Process (CIP)

  • Identification: New customers must furnish valid government-issued photo identification (passport, ID card, driving license) and proof of address (utility bill, bank statement).
  • Verification: Customer-provided information undergoes rigorous verification through reliable, independent sources, including electronic verification and document checks.
  • Customer Due Diligence (CDD): We apply a risk-based approach, categorizing customers based on the risks they pose. While standard due diligence is applied universally, additional scrutiny is directed towards those posing higher risks, ensuring a thorough understanding of the customer’s relationship with Betwinner.

Anti-Money Laundering (AML) Procedures: Monitoring and Reporting

  • Continuous Monitoring: Our systems vigilantly monitor transactions and customer behavior for any indications of suspicious activity. Unusual patterns are promptly flagged for review by our compliance team.
  • Reporting: We fulfill our legal obligations by promptly reporting any suspicious activities to the relevant authorities.
  • Risk Assessment: Betwinner regularly assesses its exposure to money laundering and terrorism financing risks, adapting our KYC/AML procedures as necessary to mitigate these risks.
  • Compliance Program: A designated AML Compliance Officer oversees the implementation and oversight of our AML program. Regular training sessions ensure that all employees are well-versed in AML regulations, detection of suspicious activities, and the importance of compliance.
  • Internal Audit: An internal audit function periodically reviews compliance with our KYC/AML policies and procedures.

Record Keeping

We maintain meticulous records of all KYC and transaction data for a minimum period as stipulated by law, typically five to ten years after the conclusion of the customer relationship.

Training and Awareness

Mandatory AML training is provided to all new employees, with annual refreshers to ensure continued awareness of their responsibilities and the procedures for detecting and reporting suspicious activities.

Technology Use

We employ advanced software solutions for the automated detection of suspicious transactions and activities, facilitating efficient and effective monitoring.

Review and Updates

Our policy undergoes annual review and updates to reflect changes in legislation, regulatory guidance, and operational practices, ensuring its continued relevance and efficacy.


Betwinner India is unwavering in its commitment to preventing money laundering and terrorism financing. Our KYC/AML policy stands as a cornerstone of our business ethics and legal compliance, reinforcing our dedication to maintaining a secure and trustworthy platform for all our customers and partners.

For further information or to report suspicious activities, please contact our Compliance Officer at [email protected].