Anti-Money Laundering (AML) Policy for Gamerge

This Anti-Money Laundering (AML) Policy outlines the measures taken by Gamerge to prevent money laundering, terrorist financing, and other illicit activities on the platform. By using Gamerge, you agree to comply with these measures to maintain a safe and compliant gaming environment.

1. User Verification (Know Your Customer - KYC)

Gamerge implements a comprehensive Know Your Customer (KYC) process to verify the identity of users before they are allowed to make significant transactions, such as withdrawals. This includes:

• Identity Verification: Users must provide valid identification documents, such as a government-issued ID, during registration or before withdrawing cryptocurrency.
• Address Verification: Proof of address may also be required to confirm user location and eligibility.

2. Monitoring of Transactions

Transaction Screening: All cryptocurrency deposits and withdrawals are monitored for suspicious activities. Gamerge uses automated systems to detect unusual transaction patterns that may indicate illegal activities.

Transaction Limits: Withdrawal limits may be imposed on accounts that have not completed full verification procedures. Large transactions may require additional verification.

3. Record Keeping

Gamerge maintains records of all transactions, user information, and identification documents for a period of at least five years. This ensures that all activities can be reviewed and audited if necessary.

4. Reporting of Suspicious Activity

Suspicious Activity Reports (SAR): Gamerge reserves the right to report any suspicious activities to relevant authorities without notifying the user involved. Suspicious activities may include, but are not limited to, large or inconsistent deposits and withdrawals, or attempts to bypass verification procedures.

5. Restrictions and Account Freezes

Gamerge may restrict or freeze accounts that are suspected of engaging in money laundering or other illegal activities. Users will be notified of any restrictions placed on their accounts unless prohibited by law.

6. Training and Compliance

• Staff Training: Gamerge ensures that its staff members are trained to detect and prevent money laundering activities. Regular updates are provided to staff regarding AML procedures and regulatory changes.
• Compliance Officer: Gamerge appoints a compliance officer responsible for overseeing AML policies, conducting audits, and ensuring that the platform complies with relevant laws and regulations.

7. User Responsibilities

Users are responsible for providing accurate information during registration and verification. Any attempt to provide false or misleading information is a violation of this policy and may result in account termination.

8. Legal Compliance

Gamerge is committed to complying with applicable AML laws and regulations in all jurisdictions where it operates. This policy may be updated periodically to reflect changes in regulatory requirements.

Contact Us

For any questions or concerns regarding our AML Policy, please contact our support team at support@gamerge.ai