KheloSports KYC Verification for Secure User Validation

AML Policy

Last Updated: 26/01/2026

For Deposits and Withdrawals

The Anti-Money-Laundering (AML) policy of khelosports77.com aims to ensure the highest security for all users and customers. The website uses three steps of account verification to protect user identity while stopping financial criminals from their illegal activities.

The website verifies that information about registered users matches actual user details.
The website verifies that users have authentic deposit methods that do not include stolen items.
The website operates according to an established set of rules, which enables it to handle money laundering investigations.
The website uses different security measures for handling deposits and withdrawals based on the user's nationality and country of residence
The website uses appropriate methods to manage its money laundering risks while dedicating sufficient resources to maintain compliance with regulations.
The website adheres to high standards of AML, following EU guidelines, and requires management and employees to ensure that the platform is not used for money laundering purposes.
The website establishes its AML Compliance Framework through this document.

The AML program of khelosports77.com is created to be in accordance with:

EU: Directive 2015/849 of the European Parliament and Council (20 May 2015) on the prevention of the use of the financial system to launder money.
EU: Reg. 2015/847 on the information to be included with the transfer of funds.
EU: Regulations that enforce sanctions and restrictions against particular people and embargoes on specific products, which include dual-use items.
BE: Law of 18 September 2017 on the prevention of money laundering and limitation of cash use.

Definition of money laundering

Money laundering refers to the process of transforming illegal funds into legitimate assets through criminal methods. The process involves converting criminal funds into legitimate assets, which are then used for purposes that conceal their illegal origin. The process involves hiding or obscuring all aspects of criminal assets, which include their real source and whereabouts, and their ownership.

The person possesses property that they know was obtained through criminal activity. The person takes part in all activities, which include participating, associating with others, and supporting their actions. Money laundering exists as a crime when no detection of criminal activity occurs in either a Member State or a third country.

Organization of AML for Khelosports77.com

The AML Compliance Officer (AMLCO) manages the implementation of anti-money laundering regulations through their authority. The general management receives direct reports from the AMLCO. The AML Compliance Officer must approve all important revisions that affect the AML policy.

Three-Step Verification

Step One Verification:

All users and customers need to complete verification before they can withdraw funds. Users must provide the following information:

First name
Second name
Date of birth,
Country of residence
Gender
Full address

Users handle their step one verification process by themselves.

Step Two Verification:

The process applies to users who need to deposit or withdraw more than 2000 dollars. The system blocks all deposits, tips, and withdrawals until step two verification is done. The user must submit:

A picture of an official ID
A six-digit randomly generated number

An electronic check verifies the accuracy of Step One data against two databases. The user must present current residence proof through governmental certification when electronic verification shows a failure.

Step Three Verification:

This applies to users who exceed these financial activity limits:

They deposit or withdraw more than 5000 dollars.

Users must finish verification before they can continue with any withdrawals, tips, or deposits. Users must provide a source of wealth documentation.

Customer Identification and Verification (KYC)

The verification of identity through formal methods is required to fulfill Anti-Money Laundering regulations.

Users need to provide the following documents:

A passport ID card or driving license needs to be submitted together with a handwritten document that contains six random numbers.
The user needs to provide a second picture that shows their face.

People have the option to hide their confidential details, but they must reveal their:

Date of birth
Nationality
Gender
First and second name
Picture

All four corners of the ID must be visible and readable (exceptions apply if necessary). The staff will conduct extra investigations whenever they find it necessary to do so.

Proof of Address

Proof of address is verified through electronic checks using two separate databases.

Users can present manual evidence in case electronic verification does not succeed.

The documents which are acceptable must be current (not older than 3 months) and display the documented residence:

Utility bills (electricity, water, etc.)
Bank statements
Government-issued documents

Instructions for submission

The document needs to be transmitted in high-quality resolution, which displays all four corners.

All text must be readable

The employees have the authority to carry out extra checks whenever it is deemed essential.

Source of Funds

The verification process for Step Three demands that applicants present proof of their source of wealth for any deposit that exceeds €5,000.

The following examples show what qualifies as acceptable SOW:

Business ownership
Employment
Inheritance
Investment
Family funds

The khelosports77.com reserves the right to request further documents when it becomes essential. Accounts will be frozen if deposits exceed thresholds in a single or cumulative transactions, and users will be notified via email.

The bank wire/credit card verification process needs to be completed before identity and financial background verification can proceed further.

Basic Document for Step One Verification

Users need to provide their First name, second name and Nationality and Gender and Date of Birth which they can access through the settings page at khelosports77.com.

The Document will be saved in the system while AI technology proceeds to operate.

The employees are allowed to carry out more verification processes when they consider it necessary.

Risk Management

Khelosports77.com classifies countries into three distinct risk regions to manage worldwide risk fluctuations.

Region One: Low Risk

The full three-step verification process needs to be applied according to the previous descriptions, which were given.

Region Two: Medium Risk

Three-step verification applies at lower deposit, withdrawal, and tipping thresholds:

Step 1: as usual

Step 2: After depositing $1,000, withdrawing $1,000, or tipping $500

Step 3: After depositing $2,500, withdrawing $2,500, or tipping $1,000

People from low-risk areas who exchange cryptocurrency for another currency face medium-level risk.

Region Three: High Risk

The areas that were prohibited.

The list of high-risk areas undergoes continuous updates to match present-day global developments.

Additional Measures

The AI system operated under AMLCO management tracks all unusual activities while sending alerts to human workers.

Human workers will recheck what AI systems have detected, and they will conduct further verification processes when it becomes essential.

The data scientist who operates the analytics systems tracks all user actions, which include:

Depositing and withdrawing without prolonged betting sessions
Use of different bank accounts for deposit/withdrawal
Changes in nationality, currency, or user activity

The verification process will confirm that the account belongs to its original user.

Users need to withdraw their funds through the same method that they used to make their initial deposit in order to prevent money laundering activities.

Enterprise-Wide Risk Assessment

The Enterprise-Wide Risk Assessment (EWRA) process requires annual implementation by khelosports77.com to assess its Enterprise-Wide Risk Management system, which operates throughout its various business operations.

The EWRA assesses:

The service offerings of the company
The transactions that users conduct
The various methods of delivery used by the company
The different locations where the company conducts its operations

The company categorizes its customers based on their transaction behavior.

The company identifies potential threats through its assessment of qualitative risks and emerging dangers.

The company has established additional security protocols to handle risks that arise from its online business activities.

The company conducts annual EWRA assessments to verify compliance standards while handling fresh security challenges.

Ongoing Transaction Monitoring

khelosports77.com performs continuous monitoring of all transactions to identify any suspicious or unusual activities that match expectations for each customer profile. The monitoring process occurs across three distinct levels:

1) First Line of Control

khelosports77.com partners exclusively with Payment Service Providers who have established their trustworthiness.

The providers implement stringent AML measures that block any suspicious deposits that occur without the required customer identification process being completed.

2) Second Line of Control

khelosports77.com requires due diligence to be conducted on all customer transactions whenever any contact occurs with the customer or their authorized representative.

The process involves:

The user requests financial transaction execution on their account
The user requests access to payment methods and account services

The system employs three-step verification with modified risk management to maintain continuous observation of all customer data.

The company operates under an employee system where all transactions must be evaluated by workers who report to the AML Compliance Officer (AMLCO), who in turn reports to executive management.

All transactions that are submitted to the Customer Support Manager or the Compliance Manager must complete due diligence procedures.

Determination of unusual transactions:

The process requires evaluation through subjective judgment, which considers:

Knowledge acquired through KYC

Financial behavior

The identification of the transaction partner

The initial verification process uses automated systems, which require employees to check details for security verification purposes.

Transactions that lack association with legitimate activities and verified income sources are classified as atypical.

The staff members have an obligation to notify the AML department about any atypical transactions.

3) Third Line of Control

This functions as the final protection mechanism that defends against money laundering activities.

The system performs manual assessments on all users who exhibit suspicious behavior or belong to high-risk categories.

The organization contacts authorities immediately after confirming any incidents of fraud or money laundering activities.

Reporting of Suspicious Transactions

The internal procedures establish specific guidelines for staff members to follow when they need to report any suspicious activities.

The AML team analyzes all reports of atypical transactions through its established rigorous methodology.

The analysis results will determine whether the AML team should pursue two different options, which include

The organization operates a set of AML regulations that include mandatory KYC requirements and establishes procedures to implement these guidelines through documents that employees can access on the intranet.

Record Keeping

Identification data must be kept for at least ten years after the end of the business relationship.

All transaction data must also be stored for at least ten years following the transaction or the end of the relationship.

The company safeguards its data through both offline storage methods and online storage methods while applying encryption technology to protect sensitive information.