Parimatch KYC & AML Policy

Parimatch applies KYC and AML procedures to verify the identity of each account holder, prevent fraudulent activity, and safeguard the platform from financial crime. These measures form the foundation of fair play and user safety across all services.

• All users are treated under equal verification standards, ensuring fair play across the platform.
• Personal data is handled with strict confidentiality, supporting transparency in every interaction.
• Account protection is enforced through identity checks and ongoing security measures.
• Parimatch operates in full alignment with applicable regulatory requirements.
• Users benefit from a safe environment free from manipulation, fraud, and illicit financial activity.

Every new user registered on Parimatch is required to complete an identity check before accessing full platform features, including withdrawals and certain betting thresholds. The following categories of documents may be requested during the ID verification process:

• A valid, government-issued photo identity document such as a passport, Aadhaar card, voter ID, or driving licence.
• Proof of current residential address, such as a utility bill, bank statement, or government correspondence issued within the past three months.
• Confirmation of ownership of the payment method used for deposits or withdrawals, which may include bank statements or card documentation.
• In cases involving elevated risk or large transactions, additional supporting documents may be required to complete enhanced due diligence.
• All submitted personal data is stored and processed in accordance with applicable data protection standards.

Parimatch implements a comprehensive set of controls designed to detect, prevent, and report money laundering, terrorism financing, and other forms of financial crime on the platform. The following security measures are applied consistently across all accounts:

• Continuous transaction monitoring to identify patterns or volumes that fall outside normal user behaviour.
• Automated detection rules that flag suspicious activity for further review by the compliance team.
• Enhanced due diligence applied to accounts or transactions that present a higher level of financial or reputational risk.
• Manual review of large or unusual fund transfers that may indicate layering or placement of illicit funds.
• Risk scoring assigned to user accounts based on activity profiles, deposit and withdrawal behaviour, and geographic indicators.
• Screening of all users against international sanctions lists and Politically Exposed Persons (PEP) databases.
• Reporting obligations fulfilled by submitting relevant information to competent financial intelligence authorities in India where legally required.

Certain actions are strictly forbidden on the Parimatch platform and are treated as violations of KYC and AML policy, regardless of whether they result in financial gain. The following activities are prohibited:

• Operating multiple accounts under the same or different identities, commonly referred to as multi-accounting.
• Submitting forged, altered, or stolen identity documents during the ID verification or document submission process.
• Conducting or facilitating any transaction that constitutes or conceals money laundering activity.
• Attempting to manipulate platform systems, odds, or outcomes through coordinated or deceptive means.
• Sharing, transferring, or selling account access to any third party under any circumstances.
• Using payment instruments that are not registered in the name of the verified account holder.
• Providing false or misleading personal data at any stage of the registration or verification process.

Any user found to be in breach of Parimatch’s KYC or AML policy will be subject to immediate enforcement action, which may include one or more of the measures detailed below. Violations may result in temporary or permanent account suspension, freezing or confiscation of funds linked to suspicious activity, cancellation of bets or associated winnings obtained in breach of policy, and reporting of the account holder and relevant transaction data to competent regulatory or law enforcement authorities in India where applicable.

Each account holder on Parimatch bears direct responsibility for ensuring that all personal data provided during registration and throughout the use of the platform is accurate, complete, and kept up to date. Users are required to complete the ID verification process within the timeframes specified by the platform and must respond promptly to any requests for additional document submission. All deposits and withdrawals must be conducted exclusively through payment methods registered in the name of the verified account holder; the use of third-party financial instruments is not permitted under any circumstances. Users who become aware of or suspect any suspicious activity related to their account or transactions on the platform are expected to report this to the Parimatch compliance or support team without delay. Failure to cooperate with the verification process may result in restrictions being applied to the account.

Parimatch upholds the principles of fair play and transparency to maintain a safe, lawful, and equitable environment for all registered users in India. The platform’s approach to user safety and compliance is built on the following principles:

• Full adherence to established KYC and AML standards in line with applicable regulatory requirements.
• Strict confidentiality and lawful processing of all personal data submitted during the ID verification and document submission process.
• Ongoing transaction monitoring and review of accounts to detect and address suspicious activity at the earliest opportunity.
• Active prevention of manipulation, collusion, and any conduct that undermines the integrity of the platform.
• Dedicated user support for queries related to account protection, security measures, and the verification process.
• Shared responsibility between the platform and its users, ensuring that both parties contribute to a secure and compliant environment.
• Equal application of all KYC and AML rules, with no differentiation based on account status or deposit volume.