📖 30+ VERIFICATION TERMS · COMPLETE DICTIONARY
KYC Terms Glossary
Your complete dictionary of casino KYC verification terms. From AML to selfie verification — understand every term you'll encounter during the verification process.
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Last updated: by Michael Johnson (Lead Reviewer) and Kevin Lee (Verification Specialist)
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📖 Complete KYC Glossary
KYC (Know Your Customer)
The verification process casinos use to confirm your identity before allowing withdrawals. Requires government ID, proof of address, and payment method proof. Full KYC guide →
AML (Anti-Money Laundering)
Regulations casinos must follow to prevent money laundering. KYC verification is a key part of AML compliance. Casinos report suspicious activity to regulators.
POI (Proof of Identity)
Government-issued ID document showing your photo, full name, and date of birth. Accepted: passport, driver's license, state ID, military ID. ID verification guide →
POA (Proof of Address)
Document confirming your residential address. Must be within last 3 months. Accepted: utility bills, bank statements, credit card statements, official government letters. Address verification guide →
Selfie Verification
Some casinos require a photo of you holding your ID next to your face. This confirms the ID belongs to you and prevents identity theft.
EDD (Enhanced Due Diligence)
Additional verification required for high-risk players or large withdrawals. May include source of funds questions, video calls, or notarized documents.
PEP (Politically Exposed Person)
Individual holding prominent public position. Casinos apply enhanced scrutiny to PEPs due to higher corruption risk.
KYB (Know Your Business)
Verification process for corporate accounts. Requires business registration, ownership structure, and authorized signatories.
CDD (Customer Due Diligence)
Standard verification process including identity verification, address verification, and risk assessment. Required for all players.
SoF (Source of Funds)
Explanation of where your gambling money comes from. May require bank statements, pay stubs, or investment records for large deposits.
SoW (Source of Wealth)
Explanation of how you accumulated your wealth overall. Required for high-rollers and VIP players. Documents: business ownership, inheritance, investments.
W-2G (IRS Gambling Winnings Form)
IRS form issued when gambling winnings exceed $600 (or 300x bet). Casinos report to IRS. You must report on tax return. Gambling taxes guide →
ID&V (Identity & Verification)
The automated verification process using third-party databases to instantly confirm identity without manual document review.
FATF (Financial Action Task Force)
International body setting AML standards. Casino AML policies follow FATF recommendations.
Sanctions Screening
Checking your name against government sanctions lists. Casinos cannot serve individuals on OFAC, UN, or EU sanctions lists.
Adverse Media Check
Screening for negative news about you in media. Casinos may deny service if you appear in fraud or corruption reports.
Risk Rating
Casinos assign low, medium, or high risk based on your country, occupation, deposit size, and verification results. Higher risk triggers EDD.
Automated Verification
AI-powered instant document scanning. Verifies IDs in 5-30 minutes. Bitstarz and VoltageBet offer automated systems. KYC timeline guide →
Manual Review
Human verification team reviews documents when automated fails. Takes 24-72 hours. Requires business hours processing.
Pending Time
Time between withdrawal request and casino processing. Unverified accounts have longer pending times (24-72h). Verified accounts process faster.
First Withdrawal Review
Your first withdrawal request triggers full KYC review. Takes 24-72 hours. Complete verification before requesting to avoid delays.
KYC Failure
Verification rejection due to blurry photos, expired ID, name mismatch, or incomplete documents. 85% pass on second attempt. KYC failed guide →
No KYC Casinos
Casinos with minimal or fast verification. Most still require some verification. True anonymous casinos are rare and higher risk. No KYC guide →
Utility Bill
Most common proof of address. Electricity, water, gas, or internet bill within last 3 months showing your name and address. Cell phone bills may be rejected.
Bank Statement
Official bank statement (PDF preferred) showing your name, address, and transactions. Accepted as proof of address within last 3 months.
Driver's License
Most common government ID. Must show photo, date of birth, and expiration date. Both front and back may be required.
Passport
Most universally accepted ID. Shows photo, full name, date of birth, expiration. Verifies 2-3x faster than other IDs. ID verification guide →
State ID Card
Non-driver identification issued by DMV. Accepted as proof of identity, same as driver's license.
Video Call Verification
Some casinos request video call to verify identity when documents are unclear. You show ID on camera and answer questions.
Notarized Documents
Documents certified by a notary public. Required for complex verification cases or when standard documents are unavailable.
Data Privacy
Casinos must protect your personal data under GDPR (Europe) and state privacy laws. Documents stored securely and deleted when no longer needed.
Fraud Detection
Casinos use KYC to detect identity theft, bonus abuse, and account takeover. Suspicious accounts are frozen for investigation.
Our Experts
🧠 Created by KYC Experts
Meet the team →This glossary was created by our team of verification specialists with over 25 years combined experience in casino compliance and KYC processes.
Michael Johnson
Lead Reviewer · 12 yrs casino ops
KYC terminology expert
Kevin Lee
Compliance Specialist · 6 yrs
AML/KYC expert
Sarah Roberts
KYC Specialist · 8 yrs
Process expert
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