Stake Win is committed to preventing its platform from being used for money laundering, terrorist financing, or any other financial crime. This policy outlines our obligations and procedures under Ghana's Anti-Money Laundering Act (Act 749) and related regulations.
We are required to verify the identity of all users before processing withdrawals above GHS 1,000 or upon request by our compliance team. KYC verification may require:
Documents should be clear, unedited, and in a valid format (JPEG, PNG, or PDF). Accounts that fail to complete KYC within 7 days of request may have withdrawals suspended.
We continuously monitor transactions for suspicious patterns, including but not limited to:
Any suspicious activity will be reported to the Financial Intelligence Centre (FIC) of Ghana as required by law.
Users identified as Politically Exposed Persons (PEPs) or closely associated with PEPs are subject to enhanced due diligence. We may request additional documentation and apply enhanced monitoring to PEP accounts.
We retain all KYC documents, transaction records, and suspicious activity reports for a minimum of 7 years in compliance with Ghanaian law and the requirements of our payment processing partners.
Accounts found to be engaged in money laundering, fraud, or any financial crime will be immediately suspended. All funds held in such accounts may be frozen and reported to the appropriate authorities. We cooperate fully with law enforcement and regulatory bodies in Ghana and internationally.
For KYC document submission or compliance enquiries, email compliance@stakewin.com. All KYC submissions are processed securely and confidentially.