Parimatch Tier 2 KYC & AML Policy

KYC and AML controls verify identity, prevent fraud and help combat financial crime in India. These safeguards also support responsible gaming and a secure environment for lawful play.

• Fair play for all account holders
• User safety supported by appropriate security measures
• Transparency on identity check and transaction monitoring
• Compliance with applicable regulatory requirements in India

Every new account holder must complete ID verification before full access to deposits and withdrawals. Additional document submission may be requested at any time to maintain compliance and platform security.

• Government-issued photo identification
• Proof of residential address
• Confirmation of ownership of the selected payment method

The platform applies AML controls to prevent money laundering, terrorism financing and other illegal activity. Security measures combine automated rules and trained review to identify suspicious activity early.

• Continuous transaction monitoring and activity analysis
• Automated detection rules and alerts calibrated to risk
• Enhanced due diligence for high-risk profiles, events or geographies
• Review of large or unusual deposits, withdrawals or transfers
• Risk scoring based on behaviour, funding sources and verification outcomes
• Sanctions and PEP screening against applicable lists, including UN lists and Indian lists notified under UAPA
• Timely filing of statutory reports to FIU-IND and other authorities, in line with reporting obligations

Certain behaviours are restricted to protect the integrity of KYC and AML. Breaches undermine user safety and may result in immediate action.

• Creating or using more than one account per individual
• Presenting forged, altered or stolen documents
• Laundering attempts or routing funds to conceal their origin
• Manipulating systems or attempting to bypass security controls
• Sharing, selling or transferring account access
• Using third-party or anonymous payment instruments not owned by the account holder
• Misrepresenting identity or acting on behalf of another person

Non-compliance or suspected misuse triggers enforcement consistent with Indian law and licensing conditions. Actions are proportionate to the risk and the available evidence.

Possible measures include temporary or permanent account suspension, freezing or confiscation of funds linked to suspicious activity, cancellation of bets or winnings, reporting to competent authorities where applicable.

Users must provide accurate and up-to-date personal data and complete the identity check within the communicated timelines. Prompt document submission is required when the compliance team requests additional information. Only payment methods in the user’s own name may be used for deposits and withdrawals to protect account integrity. Users should monitor their accounts and report any suspicious activity to support promptly. These steps help maintain account protection, responsible gaming and platform security.

The platform upholds fair play and transparency to protect users and sustain a secure environment. These principles guide operations, communication and compliance practices.

• Adherence to KYC and AML standards and regulatory requirements in India
• Confidentiality and protection of personal data under applicable law, including the Digital Personal Data Protection Act, 2023
• Ongoing monitoring for suspicious activity supported by proportionate security measures
• Prevention of manipulation, collusion and other unfair behaviour
• User support on safety, verification and compliance queries
• Shared responsibility between the platform and each account holder
• Equal conditions for all users and consistent application of rules