3 Client Identification Requirements

3A Colossalbet clients must provide us with adequate identification for the purposes of complying with the Anti- Money Laundering and Counter-Terrorism Financing Act 2006.

3B The identification must detail proof of name, age and current residential address. We will attempt to verify your identity electronically through our identity verification provider(s). If that process cannot verify your identity, we may request additional identification documents. Examples of identification documents are:

(a) A current Australian Driver’s Licence or

(b) A current Australian Passport plus

(c) A Utility account no more than three months old, detailing your name as the account holder and address.

3C When clients upload identification documents, they must be clear and legible. We may also request, in our absolute discretion, that you provide originals or certified copies.

3D Adequate Identification must be received prior to any monetary transaction with Colossalbet.

3E If a client uses a debit card to fund the Account, legible copies of the front and back of the card may be requested by Colossalbet for its approval. Colossalbet reserves the right at its discretion to refuse to accept a debit card including but not limited to in circumstances where the card is dishonoured. Colossalbet reserves the right to request a copy of the front and back of the card registered on the account at any time.

3F Where Colossalbet has a reasonable suspicion that the account holder is not the true or beneficial holder of the account, it may request any further information it deems necessary to establish/confirm the true identity of the account holder. This may include the provision of statutory declarations and certified copies of identification or financial documents. Colossalbet may in its discretion reject certified documents for any reason.

3G Should a client deliberately falsify any ID or any other details for any purpose associated with applying for an account or transacting on the account, Colossalbet reserves the right to suspend the account and/or close the account without prior notification to the client. Instances of suspected fraudulent activity may be referred to the relevant authorities for further investigation.

3H You must not provide identification or personal details belonging to another person, or allow another person to use your identity to open or operate an Account. Doing so is a serious breach of these Terms and may be reported to the relevant authorities.