Background Reading > KYC / FICA Requirements

FICA

Lottoland is bound by the provisions of the Financial Intelligence Centre Act, No. 38 of 2001, as amended (“FICA”). Where FICA sets out procedures or requirements in relation to Player registration and identification, or any aspect of the business relationship between Lottoland and the Player, Lottoland will operate in accordance with such procedures and/or requirements. Where FICA does not specify such procedures and/or requirements, then Lottoland shall implement its own procedures and/or requirements, as set forth in its Risk Management Compliance Programme. For further information on FICA, please log on to www.fic.gov.za.

Lottoland will establish business relationships only with natural persons.

Where a new business relationship is established with a Player, Lottoland shall stipulate the nature and purpose of the intended business relationship (as being for the conclusion of betting transactions between Lottoland and the Player), and shall require the following information:

1. the Player’s first name and surname, e-mail address, contact number, residential address and national ID, and
2. the source of funds which the Player will use in conducting betting transactions during the course of that business relationship.

Once a business relationship has been established with a Player, an account will be created in the name of the Player and the Player will be required to log in to his/her Lottoland account for the purpose of entering into betting transactions with Lottoland, using his/her personalised login details, including a dedicated user password.

If there is any difference between the information entered by a Player at the time of logging in to his/her account, and the information supplied to Lottoland by the Player at the time of establishing the business relationship, the Player will not be able to gain access to his/her account and will be required to contact Lottoland for assistance.

The following procedures will be followed by Lottoland in relation to a Player in respect of whom physical proof of identification and residential address may be required from time to time:

1. Where an identification document is transmitted to Lottoland via facsimile transmission or by normal or electronic mail, such documents will be required to be current (unexpired in the case of passports) and may be required to be certified as true copies of the original.
2. A driver’s licence may be accepted as proof of identification, provided that:
1. The Player is unable to produce an Identity Document for reasons which are acceptable to Lottoland in the circumstances;
2. The driver’s licence is valid/current (has not expired), and
3. The driver’s licence reflects, on the face thereof:
• A photograph of the bearer
• The full names or initials and surname of the bearer
• The date of birth of the bearer, and
• The Identity Number of the bearer.
3. Utility bills and similar documents submitted as proof of residential address shall be dated no earlier than three (3) months prior to the date of submission to Lottoland thereof.
4. In terms of payments into a bank account in excess of R 25,000 either once off or over a 12 month period proof will be required that the bank account is in the name of the player.

Lottoland is required to make reports to the Financial Intelligence Centre in the event of:

1. Suspicious or unusual transactions, and
2. Transactions entered into by persons suspected of intending to commit or of having committed any offence contemplated in the Protection of Constitutional Democracy against Terrorist and Related Activities Act, 2004.

Lottoland reserves the right to suspend any account that has not met FICA requirements.