Gaming operators may be more profit-driven than customer-focused, but that doesn't stop them from ensuring all transactions are legitimate. As of 2019, there is a new set of rules that all online casinos in Denmark are legally required to verify all of their customers, here is a full list of verified Casino Uden Nemid providers Players must provide documents to prove their address, identity and source of funds.

The documents required may include copies of your citizenship card, passport or driving licence, as well as several copies of a recent bank statement or utility bill showing your current address. You may be asked to send several copies of your credit or debit card and your bank statements to check the source of your funds.

Even though customers may be hesitant to provide such information to online casinos due to how sensitive the new rules specifically set up by the UK Gambling Commission to protect players and prevent money laundering and credit card fraud are!

The process of checking new and existing customers can take anywhere from a few hours to two days, depending on the online casino site.

 Anti-money laundering policy

The UK Gambling Commission, which is responsible for licensing and regulating online casinos operating in the country, has in recent years urged casinos to be more serious and cautious about fraud and money laundering in connection with virtual casinos.

The commission has ruled that all online casinos must verify players' funds. Casino sites can do this either by checking players' funds at the time of registration, or when any customer is close to winning or depositing, or spending £2,000. Most online casinos know that asking players to verify their income during or immediately after registration can be annoying, and many players switch to online betting without verification, so they wait until the already registered customer has a large winnings or meets other required criteria. 

Reasons to request a source of funds

Impressive deposit 

A large first or subsequent deposit may cause concern to the casino and cause them to request proof of source of funds. Deposits of £2,000 or more will attract the customer's attention and trigger additional KYC checks .

A big win

Many customers often get angry when an online casino they patronise refuses to pay out winnings and demands proof of their money instead. Eligible customers will receive an email from the online casino they patronise, asking them to provide proof of their funds. 

The odd thing is that customers may have been registering and playing at the casino for months or even years before the question of the source of funds arose. This may make customers wonder why casinos simply ask.

As before, casinos must wait until players have made a large win or when they have reached certain criteria to ask for the source of funds.

Suspicious transactions on your account

Sometimes transactions such as deposits, spends and even requests for withdrawals of huge winnings can raise suspicions of fraud in a casino account. Sometimes casino accounts can be used for money laundering and other fraudulent activities. 

Thus, for this reason, whenever any activity indicating fraud or involving large sums of money is noticed in any account, the owner will be required to satisfy the demand for a source of proof of income. The casino account holder will be required to provide copies of all requested documents.