Am I required to turnover my deposit?

Yes, you are required to turnover your deposit before withdrawing funds from your UPC account. This requirement is in place to comply with important financial regulations. Here's what you need to know:

1. Legal Requirement:
   • This policy is part of the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Act 2006.
     
     
2. How It Works:
   • Any funds deposited into your UPC account must be bet before they can be withdrawn.
   • For example, if you deposit $100, you'll need to place $100 worth of bets before you can withdraw any balance from the account.
     
     
3. Purpose:
   • This requirement helps prevent money laundering and ensures compliance with financial regulations.
     
     
4. Account Verification:
   • In addition to the turnover requirement, your account must be verified before you can withdraw funds.
     
     
5. Example:
   • Deposit: $100
   • Required turnover: $100 worth of bets
   • After meeting this requirement, you can withdraw any remaining balance
     
     
6. Important Note:
   • The turnover requirement applies to the amount deposited, not the current balance.
     
     

Remember, this policy is in place to maintain the integrity of the betting platform and comply with legal requirements. If you have any questions about the turnover requirement or account verification process, please contact our customer support team for assistance.