Sky247 KYC & AML Policy

KYC and AML procedures are applied to verify the identity of each account holder, support accurate document submission and reduce the risk of fraud and suspicious activity on the platform. These measures also help the platform meet its legal and reporting obligations related to anti-money laundering and counter-terrorism financing.

The KYC and AML framework is designed to support:

• Fair play and equal conditions for all users
• User safety and account protection at all times
• Transparency in how deposits, bets and withdrawals are handled
• Compliance with applicable regulatory requirements in India
• Responsible gaming practices for users whose identity is verified

Every new user must complete identity check and ID verification before using real-money services, and additional checks may be required at any time during the customer relationship. The platform may request one or more types of documents to confirm personal data, address and ownership of payment instruments.

The following broad document categories may be requested:

• Government-issued photo identification documents to confirm name, age and identity
• Proof of residential address to confirm current place of living in India or another jurisdiction
• Evidence that the payment method used for deposits or withdrawals belongs to the account holder

The platform implements a range of AML controls and security measures to detect and prevent money laundering, terrorist financing and other illegal activity. These controls support continuous transaction monitoring and help identify suspicious activity linked to deposits, bets or withdrawals.

The AML framework includes:

• Ongoing monitoring of customer transactions and betting activity based on risk indicators
• Automated detection rules that flag unusual patterns, rapid turnover or irregular use of payment methods
• Enhanced due diligence for high-risk users, jurisdictions or events that require deeper review
• Review and assessment of large, complex or unusual transfers that do not match the user profile
• Risk scoring of accounts, transactions and behaviours for AML and counter-terrorism financing purposes
• Sanctions and politically exposed persons screening in line with applicable Indian and international lists
• Reporting of suspicious transactions or activities to competent authorities when required by law

Certain behaviours are not allowed on the platform, as they undermine KYC, AML and account protection measures. Any attempt to avoid identity verification, misuse personal data or disguise the source of funds is treated as a violation of this policy.

The following activities are prohibited:

• Opening or using multiple accounts by the same person to avoid identity check or limits
• Submitting forged, altered, borrowed or stolen documents during document submission
• Using the platform to try to launder funds or disguise the source, ownership or destination of money
• Manipulating systems, exploiting technical errors or using automated tools for unfair advantage
• Sharing, transferring, renting or selling account access or login details to any third party
• Using payment cards, bank accounts, wallets or other instruments that do not belong to the account holder
• Misrepresenting identity, age, location or any other key personal data required for compliance checks

Any breach of this KYC and AML Policy, refusal to cooperate in identity verification or attempt to engage in suspicious activity may result in enforcement action under the platform rules and applicable law. The platform may apply 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 are responsible for providing accurate, complete and up-to-date personal data during registration, identity check and throughout the customer relationship. All requested KYC information and document submission must be completed within the timelines communicated, so that the platform can meet its regulatory requirements and reporting obligations. Users are expected to respond promptly to any request for additional documents or clarifications related to ID verification, transaction monitoring or source-of-funds checks. Only payment instruments owned and controlled by the account holder may be used for deposits and withdrawals. Any suspected unauthorised access, security breach or suspicious activity on the account should be reported to customer support without delay.

The platform is committed to maintaining fair play, transparency and responsible gaming standards so that users can participate in a controlled and compliant environment. KYC and AML security measures are applied consistently to promote user safety, protect personal data and support long-term account protection.

The following principles guide these efforts:

• Adherence to KYC, AML and CTF regulatory requirements applicable to online gaming and betting
• Confidentiality and protection of users’ personal data, documents and financial information
• Continuous monitoring of activity to identify and address suspicious activity in a timely manner
• Prevention of manipulation, collusion, use of unfair tools and any behaviour that harms fair play
• Accessible user support for queries related to safety, verification and responsible gaming practices
• Shared responsibility between the platform and users for maintaining a secure and compliant environment
• Equal and consistent application of rules and procedures to all users, without preferential treatment