Glory Casino’s AML and KYC Policies: A Guide to How They Work
Glory Casino is a feature-rich gaming site that operates under the legal authority of a Curacao license. In accordance with the regulations of this license, all casino players must comply with AML and KYC practices. Continue reading to understand what these policies entail and why they are a safe and necessary part of online gaming.
What is AML?
AML (Anti-Money Laundering) is a set of practices that Glory Casino implements to prevent the transfer of funds derived from illegal activities. The site’s AML framework is designed in accordance with several key regulations:
- Directive 2015/849 of the European Parliament and Council of 20 May 2015
- Regulation 2015/847
- Rules and sanctions addressing individuals and embargoes on specific goods and technologies
- The Belgian law of September 18, 2017, on the prevention of money laundering
Beyond legal compliance, our AML policy is designed to protect our clients. Glory Casino achieves this by identifying and immediately blocking suspicious transactions, such as third-party withdrawal attempts from your account, and promptly notifying you of such activities.
What is KYC and How to Complete It
KYC (Know Your Customer) is a mandatory client verification process that uses identity-proving documents. Completing the Glory Casino KYC process is crucial, as it is the only way to enable withdrawals. Here’s how to do it:
- Log in to Your Account. Open Glory Casino, click “Sign In,” and enter your registration details.
- Navigate to Profile Settings. You can find this section within your account tab.
- Provide Your Information. You will need to submit a photo of your passport, ID card, or driver’s license, along with a picture of yourself holding a handwritten note with numbers generated by the site. For your privacy, you may obscure all information on your documents except for your date of birth, nationality, gender, name, and photo.
The KYC process is typically completed within 1 to 3 days. You will be notified once your account is verified. If the verification fails due to low-quality images, the site may ask you to resubmit the documents.
Levels of KYC Verification
The guide above outlines the standard identity verification process. However, the requirements may vary depending on the amount of money you withdraw from the site.
| Type of verification | Step One | Step Two | Step Three |
|---|---|---|---|
| Specified for | Users that withdraw below $2,000 | Players who deposit/withdraw/send other users more than $2,000 | Users that deposit/withdraw $5,000 or send other players more than $3,000 |
| Required data | First name, last name, date of birth, country of usual residence, gender, and full address | A picture with your ID and six numbers in a hand-written form | The information required for Step One and Step Two and your source of wealth |
Glory Casino adjusts its KYC approach based on the risk assessment of different regions. Countries are categorized as low, medium, or high-risk. For instance, users from medium-risk regions will be required to complete Step Two verification after depositing/withdrawing over $1,000 or sending more than $500 to another player.
Record Keeping and Data Protection
In accordance with Glory Casino’s T&Cs, all data you provide is stored for ten years after the business relationship ends. As per Directive 95/46/EC, the site encrypts and securely protects your data. Your information may only be shared with AML authorities if required by law to prevent money laundering activities.