Our Anti-Money Laundering Policy - Keeping 7bit Safe for Every Player

At 7bit Casino, we are committed to running a fair, transparent, and legally compliant operation. Our Anti-Money Laundering (AML) policy is built on the requirements of our Curacao eGaming licence (8048/JAZ2020-013) and reflects our obligation to protect our players and the wider financial system from illicit activity. Compliance is not a checkbox for us - it is woven into every layer of how we manage accounts and process funds.

We apply Know Your Customer (KYC) procedures to every account on our platform. Before processing a withdrawal, our team verifies government-issued identity documents, proof of address, and, where a player's transaction history warrants it, proof of the source of funds. Verification is typically completed within 24 hours of document submission. Players who want to clear it early can submit documents right after registration - there is no obligation to wait until the first cashout request.

Our compliance team monitors all transactions for patterns linked to money laundering: unusually large or rapid deposits, cycling of funds across payment methods without corresponding play, and activity that does not match a player's stated profile. We support a broad range of deposit and withdrawal options - Bitcoin, Ethereum, Litecoin, TRON, USDT, Visa, Mastercard, Skrill, Neteller, and others - and every channel is held to the same monitoring standard. Cryptocurrency transactions carry an inherent audit trail via the blockchain, which strengthens our oversight of on-chain flows.

When our system flags a transaction or account, we may place a temporary hold and request supporting documentation before releasing funds. In cases that meet the legal threshold, we are required to file a report with the relevant financial intelligence authority, and we are prohibited by law from disclosing that action to the account holder. Any questions about our AML procedures or document requirements can be directed to our compliance team via live chat, email, phone, or Telegram at any hour.

At 7bit, we take financial crime prevention seriously. Operating under Curacao licence 8048/JAZ2020-013, we are bound by international anti-money laundering standards and apply them consistently across every account and transaction made on our platform, regardless of payment method or deposit size.

Our compliance team reviews account activity on an ongoing basis, flagging patterns that fall outside normal play behaviour. Large deposits, rapid withdrawal requests following minimal gameplay, and unusual transaction sequences across our supported payment methods, including Bitcoin, TRON, USDT, Ethereum, and Mastercard, all trigger enhanced scrutiny. We use automated transaction monitoring that applies risk-based thresholds and generates alerts for immediate manual review by our dedicated compliance officers.

Before processing a significant withdrawal, or when our risk engine raises a flag, we require customers to complete identity verification. That means submitting government-issued photo ID, proof of address dated within the last three months, and, where applicable, source-of-funds documentation. This applies to all payment channels, crypto and fiat alike. Players who cannot satisfy these requirements within the specified timeframe may have their accounts suspended pending further review and, where necessary, escalation to senior compliance staff.

We report suspicious transactions to the relevant financial intelligence units in accordance with our Curacao licensing obligations. If we have reasonable grounds to suspect that funds are connected to criminal conduct, we will file a report and may place a temporary hold on the affected account. Our team cooperates fully with law-enforcement agencies and regulatory authorities in any resulting investigation, with no exceptions made for high-volume players or VIP accounts.

We verify every player's identity at 7bit to protect our community and meet the obligations of our Curacao licence (8048/JAZ2020-013). KYC checks are a standard part of account management, and our team works to keep each step clear and predictable.

Under our Curacao gaming licence (8048/JAZ2020-013), we operate a documented anti-money laundering programme that applies to every account on our platform. Our compliance team reviews and updates this programme at least once a year, and more frequently if our risk profile or the regulatory landscape shifts. The goal is clear: keep 7bit a safe, legitimate environment for our players.

Know Your Customer verification is central to how we do this. When your account reaches defined deposit or withdrawal thresholds, we request a government-issued photo ID and proof of address dated within the past three months. Players who fund their accounts via Bitcoin, Ethereum, USDT or other crypto wallets may also be asked to confirm wallet ownership. We aim to complete standard checks within 24 hours, and straightforward cases are usually resolved faster.

Our transaction monitoring system flags activity that falls outside your established patterns - a sharp rise in deposit frequency, amounts structured just below reporting thresholds, or repeated withdrawals to different methods such as Skrill, Neteller or MuchBetter shortly after a deposit. Each alert goes to a trained compliance officer for manual review. If the activity cannot be satisfactorily explained, we suspend the account while a formal investigation runs.

Where investigations reveal grounds for concern, we report the matter to the relevant financial intelligence authority as required by our operating conditions. We do not notify the account holder while an investigation is active. Transaction logs, identity documents and due-diligence records are retained for at least five years. All staff involved in payments or account management complete annual AML training, and our compliance officer is available to answer questions from regulatory bodies at any time.

We screen every account against international sanctions databases before processing any transaction or permitting gameplay. This is not a formality - it is a core part of how we protect our platform, our players, and the financial integrity of our operations in Australia.

Our compliance team checks all applicants against published lists maintained by FATF member states, the United Nations Security Council, the Office of Foreign Assets Control (OFAC), the Australian Department of Foreign Affairs and Trade (DFAT), and the EU consolidated list. These checks run at registration, at every withdrawal request, and whenever a customer's risk profile changes - such as following an unusually large deposit or a verified address update on file.

When a name match is flagged, our team conducts a manual review to distinguish false positives from genuine hits. Common surnames produce partial matches more often than most people expect, so we do not freeze accounts on that basis alone. We verify full name, date of birth, nationality, and any identity documents already submitted before taking any restrictive action. If a confirmed match is found, we are required under our Curacao licence (8048/JAZ2020-013) and applicable AML regulations to block the account immediately, freeze associated funds, and file a disclosure with the relevant authority without notifying the affected individual.

Players confirmed on a sanctions list cannot open or use a 7bit account, regardless of deposit method or account history. This rule applies to cryptocurrency deposits exactly as it does to Visa, Mastercard, Skrill, or any other channel we accept. Blockchain pseudonymity does not exempt anyone from screening - we run the same checks across Bitcoin, Ethereum, USDT, Litecoin, and every other crypto option available at our casino.