Commitment to compliance
7Bit Casino is committed to preventing the use of its services for money laundering or the financing of terrorism. The programme is built around the standards of the Financial Action Task Force and the requirements of the licensing jurisdiction, with internal controls reviewed and updated on a regular cycle.
What is customer due diligence?
Every player completes identity verification before the first withdrawal. The standard documents requested are a government issued photo ID, a proof of address dated within the last three months and proof of the payment method used to deposit. Verification is handled through specialist KYC partners with encryption applied to every document at every step.
When does enhanced due diligence apply?
Enhanced due diligence applies to accounts that trigger higher risk indicators. These include unusually large deposits relative to player history, complex transaction patterns, exposure to politically exposed person lists or any link to a higher risk jurisdiction. Enhanced checks may include source of funds documentation such as recent payslips, bank statements, sale contracts or proof of inheritance.
Transaction monitoring
All deposits and withdrawals are monitored in real time by automated systems that flag patterns inconsistent with normal play. Flagged accounts are reviewed by trained compliance staff. Where the review confirms suspicion of money laundering or terrorist financing, a suspicious activity report is filed with the relevant financial intelligence unit.
Record keeping
Customer records, transaction logs and compliance reports are kept for a minimum of five years after the account closes. Records are stored in encrypted form with access restricted to authorised compliance staff. The retention period meets the requirements of the licensing jurisdiction and most cooperating jurisdictions.
Sanctions screening
New accounts are screened against international sanctions lists at sign up and existing accounts are screened on a recurring basis. A match triggers an immediate freeze of the account pending review by compliance staff. Confirmed sanctioned individuals are reported to the relevant authority and the account is closed.
Staff training
Every member of staff with a role that touches customer accounts, transactions or compliance receives anti money laundering training when they join and refresher training each year. Specialist compliance staff hold relevant certifications and stay current on regulatory updates through industry associations and continuing education.
Reporting suspicions
If you have information suggesting that an account is being used for money laundering, terrorist financing or fraud, please report it confidentially through the help centre. Reports are reviewed by the compliance team and handled with appropriate discretion.
Risk based approach
The compliance programme is built around a risk based approach. Lower risk customers go through standard checks and routine monitoring. Higher risk customers go through enhanced checks and more frequent reviews. Risk is assessed using a combination of geography, payment method, transaction volume, deposit and withdrawal patterns and exposure to public lists. The assessment is reviewed on a rolling basis so changes in player behaviour are picked up promptly.
Why do we ask for source of funds or wealth?
For higher value play, the compliance team may request documentation of the source of funds used to deposit and, where relevant, the source of overall wealth. Acceptable documents include recent payslips, employer letters, tax returns, dividend statements, sale and purchase agreements for property, inheritance or trust documentation. Information provided is handled in line with the privacy policy and kept only for the period required by law.
Payment method restrictions
Withdrawals are processed back to the same method used for deposits where the payment provider supports it. This rule is set by anti money laundering guidance and is not a policy unique to the casino. Where the original method cannot receive withdrawals, the compliance team works with you to identify a suitable alternative in your name. Third party payments are not permitted and any attempt to deposit or withdraw to an account in another name triggers an immediate review.
Cooperation with authorities
The compliance team cooperates fully with law enforcement and financial intelligence units in line with applicable laws. Where a request for information is received with proper legal authority, the relevant records are provided in the format requested. Players are not notified of specific requests where the law prohibits disclosure, which is standard practice across regulated financial services.
Where else can you read about this?
The privacy policy explains how personal data collected for AML purposes is stored and protected. The terms and conditions set out the broader rules for account use and the consequences of providing inaccurate information.
Independent audit and oversight
The compliance programme is reviewed by external auditors on a regular cycle and additional spot checks are run by the licensing authority. Findings from audits feed straight back into staff training, control updates and documented procedures. Where new typologies of financial crime appear in industry guidance, the monitoring rules are updated accordingly. The goal is a living programme that adapts as quickly as the risks it is built to address.
What players can expect day to day
For most players the AML programme is invisible. You sign up, you verify identity once before the first withdrawal, you deposit and withdraw through familiar payment methods and you play. Occasional document refresh requests appear as your account ages, particularly if an ID has expired or an address has changed. Where a transaction looks unusual for your normal pattern, you may be asked for a quick source of funds confirmation. None of this is personal, it is part of a regulatory framework every licensed operator follows.
Player questions about AML checks
Players sometimes ask why a routine withdrawal triggers a document request. The answer is usually a combination of factors picked up by the monitoring system, none of which point to wrongdoing. A larger than usual deposit, a new payment method, a change of address or simply the periodic refresh that applies to every account can all trigger a check. The fastest way through is to provide the requested documents promptly. Most reviews close inside 24 hours once the documents arrive.
If a document request feels unclear, support is happy to talk it through. The team can confirm exactly which document is needed, the acceptable format and the secure upload channel. None of the documents are stored outside the verification flow and access is restricted to authorised compliance staff.