KYC

To comply with international trading standards and to protect our clients’ funds, BC acts exclusively in accordance with the Anti-Money Laundering Act and to counter financing of terrorism and criminal activities.

BC has established and is constantly improving a number of anti-money laundering procedures and BC has also implemented and actively adheres to the “Know Your Customer” (AML/KYC) principle. These procedures and principles are binding for all BC bettors and BC employees. In addition, BC has a clearly defined policy for interaction with bettors who are registered on the BC website and have a personal account.

These measures are necessary to ensure that all BC transactions comply with international anti-money laundering standards and that all documents submitted by the bettor comply with legal requirements and are up-to-date. Therefore, by opening an account on the website, the client unconditionally accepts the terms of the BC’s KYC Policy, agrees to the following basic rules and commits to observe them (full text of KYC rules can be found on the BC website):

1. BC has a list of documents that can be used by the bettor to prove his/her identity. Additional documents must be provided at the BC’s request.
2. Withdrawal of funds from the account is allowed only after verification of the bettor, based on the proper documentation provided. Withdrawal of funds is made only to the account belonging to the person identified as a BC bettor (the owner of the personal account on this website). The funds may not be withdrawn by the third parties. Internal transfers between bettors are also prohibited.
3. BC is obligated and has a right to share the bettor’s information with financial institutions and law enforcement agencies as it is required by the applicable law without prior consent of the bettor. For his/her part, the bettor gives BC his/her consent to these actions. To fulfill this point, BC will retain any information about the bettor’s payment transactions for a minimum of five years.
4. The bettor commits to comply with legal norms, including international ones, aimed at combating illicit trafficking of funds, financial fraud and money laundering.
5. The bettor agrees to make his/her best efforts to prevent direct or indirect complicity in illegal financial activities and any other illegal transactions using the BC website.
6. The bettor guarantees legal origin, ownership and right to use the funds credited to his/her own account.
7. If any suspicious transactions on the bettor’s account, deposits made from untrustworthy sources (e.g., sender and account owner data do not match) and/or any activity suggesting fraud (including any chargebacks or payment cancellation) are confirmed, BC reserves the right to conduct an internal investigation, to block or to close the bettor’s account, to cancel all payments and to suspend account transactions until the official investigation is completed. Making its decision, BC is guided by the provisions of the applicable law.
8. BC has a right to request additional information about the bettor if the method of withdrawal differs from the method of depositing. BC also reserves the right to block the bettor’s account during the investigation if the bettor refuses to provide additional information requested by BC.
9. During the investigation BC has a right to request additional copies of documents that confirm the bettor’s identity, as well as copies of bank cards used to deposit, copies of payment and other documents that confirm legal ownership and legal origin of the funds. Regardless of the copies provided, BC has a right to require the original documents to be provided for review.
10. BC’s refusal to perform transactions that BC deems suspicious (including blocking or closing the bettor’s account) shall not impose any civil liabilities on BC for a failure to perform its obligations to the bettor.
11. BC is not obliged to inform bettors and other persons of the measures taken to counter legalization (laundering) of incomes from criminal activities and terrorism financing, except for informing bettors of suspension of work of a certain service, of refusal to fulfill requests of the bettor, of refusal to open the account and also of the documents that need to be provided by the bettor.
12. The Anti-Money Laundering Policy is an integral part of the agreement under which a bettor opens an account on the BC website.

More about KYC and AML you can find here

Full text of T&C and Betting Rules you can find here