[CRSL] AMLCTF1RAT01 – Procedures for $10,000 Payouts
Cronulla RSL has customer identification and verification obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) for payments of $10,000 or more. The 7. [CRSL] PROCEDURE $10,000 PAYOUTS V1.2 Training sets out the steps to be taken when a gaming machine payment of $10,000 or more occurs.
A customer who receives a $10,000 payout or more, must be identified before the payment can be made.
Membership cards are not acceptable identification documents for KYC identification purposes.
Procedures for dealing with discrepancies are included in the 7. [CRSL] PROCEDURE $10,000 PAYOUTS V1.2 Training.