Know Your Customer (KYC) is a standard procedure that UK-licensed casinos must perform as part of their AML and responsible gambling obligations. It is the core process of Account Verification.
The goal of KYC is to establish that a player is who they claim to be, is of legal gambling age, and is not using the platform for illicit purposes. It typically involves the submission and verification of identity and address documents. While it can seem inconvenient, a robust KYC process is the hallmark of a safe and compliant operator.
The goal of KYC is to establish that a player is who they claim to be, is of legal gambling age, and is not using the platform for illicit purposes. It typically involves the submission and verification of identity and address documents. While it can seem inconvenient, a robust KYC process is the hallmark of a safe and compliant operator.
Real-World Examples
KYC is a component of:
- Age Verification
- Identity Verification
- AML Compliance
- Source of Funds Checks
- Age Verification
- Identity Verification
- AML Compliance
- Source of Funds Checks
FAQs
Is KYC the same as an SoF request?<br>No. KYC verifies who you are. A Source of Funds (SoF) request, which may happen later, verifies where your money came from. KYC is standard for all players; SoF is typically triggered by higher deposit levels.