This article will out line what a Source of Funds check is, how you can verify this, and why why request these documents in the first place.
In this article:
What is a source of funds check?
A Source of Funds (or SOF) check is a process we use to confirm and verify where the funds you use to play with us come from.
At MERKUR SLOTS, Source of Funds checks are handled by the verification department – the team responsible for tackling financial crime and making sure we comply with the relevant laws and regulations.
What if we need source of funds documents?
If we need to see any proof of your Source of Funds, we'll get in contact with you. We'll also provide examples of which official documentation we accept as proof of your Source of Funds. You can then use our Document Uploader to attach the required documents. These documents could be a copy of your recent payslips, documents that show the sale of personal assets (car, house, etc.), or proof of inheritance.
Players are selected for Source of Funds verification by our automated system. The reasons for selection can vary from player to player depending on many different factors.
Any information you provide us will be held in the strictest confidence in accordance with the stringent Data Protection laws we adhere to.
Why do we request source of funds documents?
There are several reasons we may request to see your source of funds, including:
- Helping you to monitor your spending
- Verifying that transactions made to MERKUR SLOTS were made by you.
- Ensuring that we are in full compliance with our legal obligations.
- Protecting our players from fraudulent or illegal activities.
For further information, please see our Terms And Conditions.
If you have any further questions, please do not hesitate to contact us. We are available via E-mail: email@example.com