Anti-Money Laundering Policy – Crazy Time Bangladesh

Definition of Money Laundering

Money laundering refers to any activity intended to conceal or disguise the unlawful origin of funds or assets. Such activities may include:

• Concealing the source, ownership, transfer, location, or movement of proceeds obtained through illegal conduct;
• Converting, transferring, holding, or using funds derived from criminal activities to hide their origin;
• Assisting any individual or organization involved in unlawful conduct to avoid legal consequences;
• Using financial systems or gaming platforms to process or legitimize illicit funds;
• Handling proceeds linked to crimes committed domestically or internationally.

Crazy Time Bangladesh supports international efforts aimed at preventing financial crime and cooperates with applicable compliance standards to protect the integrity of online gaming.

AML and Compliance Measures

To prevent unlawful activity, Crazy Time Bangladesh applies a risk-based compliance framework that includes identity verification, transaction monitoring, and internal fraud prevention procedures.

The platform reserves the right to investigate any activity that may appear suspicious or inconsistent with normal gaming behavior. Where required by law, Crazy Time Bangladesh may notify competent authorities regarding transactions or funds suspected of being linked to criminal conduct, fraud, or terrorism financing.

We reserve the right to:

• Suspend or restrict account activity;
• Delay or temporarily block withdrawals;
• Request additional identity or payment verification;
• Freeze suspicious transactions;
• Report suspicious activity to authorized institutions.

The Company may take such measures without prior notice where permitted or required by law.

Player Responsibilities

By creating an account at Crazy Time Bangladesh, users agree to comply with the following obligations.

Compliance With Applicable Laws

Players confirm that they will comply with all applicable laws and regulations concerning Anti-Money Laundering, anti-fraud requirements, sanctions compliance, and counter-terrorism financing.

Lawful Source of Funds

Users confirm that all deposits made into their accounts:

• Belong exclusively to them;
• Originate from legal and legitimate sources;
• Are not associated with criminal conduct, money laundering, or fraudulent activities.

Players further represent that funds deposited currently or in the future will not originate from any unlawful source.

Prohibition of Third-Party Payments

Crazy Time Bangladesh strictly prohibits the use of third-party financial instruments.

All deposits and withdrawals must be completed exclusively through payment methods registered in the player’s own name, including:

• Personal bank accounts;
• Debit and credit cards;
• Mobile payment systems;
• Electronic wallets.

The use of third-party accounts, cards, wallets, or unauthorized payment methods may lead to:

• Immediate account suspension;
• Cancellation of bonuses and winnings;
• Withdrawal restrictions;
• Refund of verified deposits without processing fees.

Cooperation With Compliance Reviews

Users agree to provide any information or documentation reasonably requested by Crazy Time Bangladesh to fulfill legal, regulatory, or internal compliance obligations.

Failure to cooperate may result in account restrictions, delayed payments, or permanent account closure.

Identity Verification (KYC)

Crazy Time Bangladesh follows Know Your Customer (KYC) procedures to confirm player identity and reduce financial crime risks.

Verification may be requested:

• During registration;
• Before deposits or withdrawals;
• After unusual account activity;
• During enhanced compliance reviews;
• At any time deemed necessary by the compliance department.

The Company may collect information including:

• Full legal name;
• Date of birth;
• Residential address;
• Contact information;
• Proof of payment ownership;
• Source of funds information.

Verification procedures are based on internal risk assessment and may vary between users.

Required Verification Documents

To confirm identity and ensure compliance, Crazy Time Bangladesh may request supporting documentation.

Identity Documents

Users may be required to submit:

• Passport;
• National identity card;
• Government-issued photo identification.

Documents must clearly display:

• Full legal name;
• Photograph;
• Date of birth;
• Document number;
• Expiration date where applicable.

Proof of Address

To verify residential information, users may provide:

• Utility bills;
• Official bank statements;
• Government-issued correspondence;
• Other recognized proof of address.

Documents should generally not be older than three months.

Additional Compliance Documentation

In higher-risk situations, Crazy Time Bangladesh may request additional documentation, including:

• Proof of ownership of payment methods;
• Source of wealth or source of funds documents;
• Banking confirmations;
• Certified or notarized copies of documents.

Failure to provide requested documents may result in temporary or permanent account limitations.

Monitoring of Transactions and Account Activity

Crazy Time Bangladesh actively monitors user activity to identify potentially suspicious behavior.

Examples of monitored activity include:

• Unusual betting or gameplay patterns;
• Inconsistent deposit and withdrawal activity;
• Multiple-account usage;
• Bonus abuse or promotional manipulation;
• Suspicious payment behavior;
• Attempts to avoid identity verification;
• Chargeback-related risks.

Where suspicious activity is detected, Crazy Time Bangladesh may initiate internal investigations and apply temporary restrictions while compliance checks are conducted.

Referral Program and Abuse Prevention

To maintain fairness and platform integrity, Crazy Time Bangladesh strictly prohibits misuse of referral systems or promotional programs.

The following conduct is forbidden:

• Self-registration through referral links;
• Creating duplicate or linked accounts;
• Referral abuse for bonus exploitation;
• Artificial generation of winnings or promotional rewards.

Violations may result in:

• Permanent account closure;
• Cancellation of bonuses;
• Forfeiture of winnings;
• Refund of verified deposits without administrative fees.

Tipping-Off Restrictions

Under applicable AML obligations, Crazy Time Bangladesh may be legally prohibited from informing users about compliance investigations involving their account or financial transactions.

If withdrawals or payments are delayed, users may only be informed that standard verification or routine compliance procedures are underway.

By using our services, players acknowledge and accept that such reviews may be necessary to meet legal and regulatory requirements.

Suspension and Termination of Accounts

Crazy Time Bangladesh reserves the right to suspend, restrict, or permanently terminate any player account where there is reasonable suspicion of:

• Money laundering;
• Terrorism financing;
• Fraudulent conduct;
• Third-party payment usage;
• Multi-accounting;
• Referral abuse;
• Bonus manipulation;
• Attempts to bypass compliance procedures.

Where appropriate, the Company may cancel winnings, remove bonuses, block withdrawals, or return verified deposits.

Crazy Time Bangladesh is not obligated to disclose details of internal investigations where disclosure is restricted by law.

Data Retention and Record Keeping

Crazy Time Bangladesh maintains records relating to identity verification, transactions, and compliance procedures for purposes including:

• Regulatory compliance;
• Fraud prevention;
• Risk management;
• Legal reporting obligations;
• Dispute resolution.

All collected information is stored using commercially reasonable security measures.

Policy Amendments

Crazy Time Bangladesh reserves the right to amend, revise, or update this AML Policy at any time to reflect legal, operational, or regulatory developments.

Players are encouraged to review this page periodically to remain informed about compliance obligations and policy updates.

Contact Information

For any questions related to this Anti-Money Laundering Policy, identity verification, or account compliance procedures, players may contact the Crazy Time Bangladesh customer support team through the official website.