Last updated: 28 December 2023
BACKGROUND
When a user makes an aggregate lifetime total of deposits exceeding USD 10,000 or requests a withdrawal of any amount inside https://naffles.com the Naffles Platform, then it is compulsory for them to perform a full KYC process. During this process, the user will have to input some basic details about themselves and then upload it as instructed on the Site. The following basic information will be asked from the user to provide:
1)
A copy of Government Issued PhotoID;
2)
A selfie of themselves holding the ID document; and
3)
A bank statement/Utility Bill.
Once uploaded, the user will get a notification that their documents are being processed. Our team will then process the documents and will email the user the outcome. The outcome will be one of the following: Approval, Rejection, or Request Further Information–No change in Status. When the user's information is still being processed, they can: Use the platform normally; They cannot deposit more than USD2,000 in aggregate total; and They cannot complete any withdrawal.
When the user's information is still being processed, they can: Use the platform normally; They cannot deposit more than USD2,000 in aggregate total; and They cannot complete any withdrawal.
I. GUIDELINE FOR THE KYC PROCESS
1)
Proof of Identification
a)
Signature is displayed clearly;
b)
Country is not a Restricted Country: United States of America and its territories, France and its territories, Netherlands and its territories and countries that form the Kingdom of Netherlands including Bonaire, Sint Eustatius, Saba, Aruba, Anjouanand Sint Maarten, Australia and its territories, United Kingdom of Great Britain, Northern Ireland, Spainand Cyprus;
c)
Full Name on ID matches client's name as when they signed up to use the Site;
d)
Identification Document does not expire in the next 3 months; and
e)
Owner is over 18 years of age.
2)
Proof of Residence
a)
Bank Statement or Utility Bill;
b)
Country is not a Restricted Country: United States of America and its territories, France and its territories, Netherlands and its territories and countries that form the Kingdom of Netherlands including Bonaire, Sint Eustatius, Saba, Aruba, Anjouan,njouanand St Maarten, Australia and its territories, United Kingdom of Great Britain, Northern Ireland, Spain,and Cyprus;
c)
Full Name matches client's nameas when they signed up to use the Site and is same as in proof of ID; and Date of Issue: In the last 3 months.
3)
Selfie with ID
a)
Holder is the same as in the ID document above; and
b)
ID document is the same as in “1”. Ensure that the photo/ID number is the same.
II. NOTES ON THE KYC PROCESS
1)
When the KYC process is unsuccessful, the reason is documented, and an explanation is communicated back to the user.
2)
The user will then be given a chance to provide further information or documentation as required.
3)
Once all proper documents are in our possession, the documents will be further evaluated before being approved.
III. OTHER AML MEASURES
1)
If a user has failed to pass the KYC requirements, then they cannot make additional deposits or withdrawals of any amount.
2)
If a user has passed the KYC process successfully then:
a)
There is a deposit limit per transaction (max USD10,000)
b)
Prior to any withdrawal there is a detailed algorithmic and manual check on the activity and balance of the user to see if the amount withdrawn is a result of proper activity in the platform.
3)
Under no circumstances may a user transfer funds directly to another user.
4)
The user must have a verified account to be able to participate in any raffles.
https://naffles.com/ is owned and operated by Degentralised Interactive Limited (Registration Number: 2134682) with the Registered Address: Intershore Chambers, Road Town, Tortola, British Virgin Islands.
Contact us nft@naffles.com.
naffles.com is licensed and regulated by the Government of the Autonomous Island of Anjouan, Union of Comoros and operates under License No. ALSI-062403009-F16.
naffles.com has passed all regulatory compliance and is legally authorized to conduct gaming operations for any and all games of chance and wagering.
© Copyright 2024 naffles All Rights Reserved.