AML/CTF program summary
Last reviewed: 1 May 2026.
Bonus Kingdom Pty Ltd is a reporting entity under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth).
We maintain a documented AML/CTF program designed to identify, manage and mitigate the money-laundering and terrorism-financing risks associated with our wagering services.
Customer identification
Before any deposit, withdrawal or wager can be processed, we must verify your identity in line with the AUSTRAC Anti-Money Laundering and Counter-Terrorism Financing Rules. As a minimum this involves at least one government-issued photo ID (driver's licence, passport or other accepted document) plus confirmation of your residential address. Additional documentation may be requested where risk indicators are present.
Risk-based monitoring
We monitor account and transaction activity on a risk-based footing to help detect and deter fraud, payment misuse, money laundering, terrorism financing, sanctions breaches and other unlawful conduct.
Monitoring may include review of deposit and withdrawal patterns, wagering behaviour, payment instruments used, account changes and other risk indicators.
Reporting
We lodge Suspicious Matter Reports (SMRs), Threshold Transaction Reports (TTRs) and International Funds Transfer Instructions (IFTIs) with AUSTRAC as required by law. We are not permitted to inform a Customer when an SMR has been lodged in connection with their Account. This legal restriction is referred to as tipping-off.
Politically Exposed Persons (PEPs)
Domestic PEPs, foreign PEPs and international-organisation PEPs are subject to enhanced due diligence at onboarding and on an ongoing basis, including senior-management approval before the relationship can be opened or continued.
Sanctions
We screen Customers, beneficial owners and counterparties against the consolidated list of sanctioned entities maintained by the Department of Foreign Affairs and Trade (DFAT). Any Account matching a sanctioned individual or entity will be closed and reported as required.
Recordkeeping
Customer-identification records and transaction records are retained for seven years from the date the Account is closed or the date the transaction completed, whichever is later.
Independent review
Our AML/CTF program is reviewed periodically and updated when warranted, including in response to material changes in our business, products, risk profile or legal obligations.
