Introduction to KYC, ID Verification and AML in Nigeria

To safeguard the platform and its community, KYC and AML processes are applied to verify each account holder, discourage fraud, and deter criminal finance. These security measures promote a trusted environment.

• Fair play enforced through verified participation
• User safety backed by identity check and account protection
• Transparency in how personal data is used for compliance
• Adherence to regulatory requirements in Nigeria
• Timely reporting obligations to competent bodies

Every new user must complete identity verification before deposits, withdrawals, or certain features can be accessed. During document submission, the platform may request the following categories of information.

• Government-issued photo identification
• Proof of residential address dated within an acceptable period
• Evidence that the payment instrument belongs to the account holder

surebet247(BD) applies layered security measures to prevent money laundering, terrorism financing, and other illegal activity. Controls are risk based and aligned to the Money Laundering Prevention and Prohibition Act 2022 and related Nigerian guidance.

• Continuous transaction monitoring for unusual patterns and suspicious activity
• Automated detection rules and alerts calibrated to risk
• Enhanced due diligence for high risk profiles, events, or jurisdictions
• Manual reviews of large, rapid, or complex transfers in and out
• Customer and account risk scoring updated over time
• Screening against sanctions lists, PEP and adverse media sources
• Statutory reporting to the Nigerian Financial Intelligence Unit and other authorities when required by law

To support KYC and AML controls, certain behaviours are not allowed. Breaches undermine account protection and may expose users and the platform to regulatory risk.

• Opening or using multiple accounts for one person
• Using forged, altered, or stolen documents
• Any attempt to launder or conceal the source of funds
• Manipulating systems, odds, or promotions to bypass controls
• Sharing, selling, or otherwise transferring account access
• Using third party payment instruments or accepting deposits from others
• Misrepresenting identity or acting on behalf of another person

Failure to comply with this policy or detected suspicious activity triggers enforcement under Nigerian law and licence conditions. Actions are proportionate to risk and the evidence available.

Measures may 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 submit accurate personal data and keep profile details current. ID verification and any further document submission must be completed promptly when requested. Additional documents may be required to verify ownership of payment methods or clarify activity, and responses should be provided within stated timelines. Only payment instruments belonging to the account holder may be used for deposits or withdrawals. Any suspicious activity or security concern should be reported without delay, aligning AML duties with responsible gaming and account protection.

The platform upholds fair play and transparency to keep users safe and maintain the integrity of betting and gaming. Compliance processes are explained and applied consistently.

• Compliance with KYC, identity check, and AML standards under Nigerian regulatory requirements
• Confidentiality and protection of personal data throughout verification and monitoring
• Ongoing transaction monitoring for suspicious activity and timely escalations
• Prevention of manipulation, collusion, or any unfair behaviour
• Guidance and user support on safety matters and reporting obligations
• Shared responsibility between the platform and users for risk reduction
• Equal conditions and access to services for all verified users