KYC Policy of JeetBuzz

During the KYC procedure, customers will need to upload the following papers and supply some basic personal information:

1. A government-issued photo ID is a clear and valid copy of an official identity document, such as a passport, driver’s license, or national identification card. In rare circumstances, both the front and back of the document may be needed for verification.
2. Selfie with ID Document: An image of the user holding the same identity document. This confirms that the paperwork belongs to the person going through the KYC procedure.
3. Proof of Address: A current bank statement or utility bill that clearly shows the user’s identity and address.

Once the necessary papers are uploaded, the user’s account will be marked as “Temporarily Approved”. During this phase, the provided papers will be securely transmitted to our KYC Team for assessment. The team will have up to 24 hours to review the papers and tell the user via email of the results. The potential results are as follows:

• Approval: The KYC process is successfully completed, and the user’s account is fully verified;
• Rejection: The documents are invalid or fail to meet the necessary criteria;
• More Information Needed: Additional documents or clarification may be requested, and the account status will remain unchanged.

While the user’s account is in the “Temporarily Approved” status:

• They can continue using the platform for regular activities;
• Their total aggregate deposits are capped at EUR 500;
• They are not permitted to complete any withdrawals until their account is fully verified.

This policy provides a secure environment for all users while adhering to regulatory norms.

To maintain the security of our platform and compliance with regulatory norms, the KYC procedure necessitates appropriate paperwork. The following are the precise criteria for each document you need to provide:

1. Proof of ID
   a. Signature: The submitted proof of ID must include a visible and genuine signature to verify the document holder’s identification. This validates the document’s legitimacy;
   b. Country Verification: The individual’s home country must not be on the list of prohibited countries. Restricted nations include the United States and its territories, France and its territory, the Netherlands and its territories, and countries within the Kingdom of the Netherlands, such as Bonaire, Sint Eustatius, Saba, Aruba, Curacao, and Sint Maarten. Other nations that are prohibited include Australia and its territories, the United Kingdom of Great Britain, Northern Ireland, Spain, and Cyprus;
   c. Name Match: The complete name on the ID must perfectly match the name supplied by the client when registering. This eliminates any inconsistencies and guarantees correctness;
   d. Document Validity: To ensure that the proof of ID is accepted throughout the review process, it must be valid and not expire within the next three months;
   e. Age Verification: The document owner must be at least 18 years old to utilize the site.
2. Proof of Residence
   a. Accepted Documents: To validate the individual’s residence address, give a current bank statement or a recent utility bill. These documents are frequently used for address verification;
   b. Country Verification: As with evidence of ID, the country of residency must not be on the list of restricted countries mentioned above;
   c. Name Match: The complete name on the evidence of residency must correspond to the name on the client’s ID. Consistency across papers is critical for successful verification;
   d. Issue Date: To guarantee that the information supplied is current, the proof of residency certificate must have been issued within the recent three months.
3. Selfie with ID
   a. Identity Verification: The person in the selfie must be the same person whose information is on the ID document. This guarantees that the ID document is submitted by the rightful owner;
   b. Document Consistency: The ID document shown in the selfie must be identical to the one presented for evidence of identity. This includes ensuring that the photo and ID number match the original document.By adhering to these principles, you may ensure a smooth and successful KYC verification procedure.

1. Unsuccessful KYC Process:
   If a user’s KYC procedure fails, the reasons will be properly documented. This offers openness and clarity as to why the procedure did not pass. In addition, the system immediately creates a support ticket to track the issue. The user is issued a ticket number, and a thorough explanation of why the KYC procedure failed is provided back to them. This helps the user understand the precise concerns that need to be addressed before proceeding with verification.
2. Account Approval After Successful KYC:
   The user’s account will be approved when all relevant papers have been appropriately submitted and evaluated, and the KYC procedure has been successfully completed. This clearance indicates that the account has satisfied all regulatory and verification criteria, and the user can now fully participate with the platform, including deposits, withdrawals, and other actions in accordance with the platform’s regulations.

1. Deposits and Withdrawals Without Full KYC:
   If a user has not completed the KYC procedure, they cannot make any further deposits or withdrawals, regardless of the amount. This safeguard is in place to prevent fraud and money laundering, and to guarantee that only verified users may perform financial transactions on the site. Without completing the comprehensive KYC, the platform cannot guarantee the identity and authenticity of the user’s actions.
2. Deposit Limit and Activity Check After KYC Approval:
   a) Once a user has successfully completed the KYC procedure, they are limited to a deposit of EUR 2,000 per transaction. This restriction was established in place to control risk and promote responsible gaming behavior. It aids in the monitoring and prevention of big or questionable transactions, which might indicate possible money laundering or other illegal activity;
   b) Before any withdrawal is completed, a thorough assessment is performed, which involves both an algorithmic and physical examination of the user’s activity and balance. This extensive examination guarantees that the monies being taken are the result of legitimate activity on the site, avoiding fraudulent withdrawals or exploitation of the platform’s features.
3. No Direct Transfers Between Users:
   Users are not permitted to send payments directly to other users. This limitation is in place to prevent money laundering and the use of the platform for criminal purposes, since direct transactions between users can be used to evade existing financial safeguards. To maintain compliance and transparency, all transactions must adhere to the platform’s criteria and take place through the right channels.