Topic: BK8 - Biggest and Most Trusted Brand. Asia's #1 Crypto online casino BTC & USDT - page 19. (Read 25897 times)

You can't say that the bank will decide if they will let it pass or not. It's always based on the regulation that is guiding the banking industry, if let's say in the Philippines they have the BSP or Banko Sentral ng Pilipinas, this is the agency that is guiding the bank which could work with the BIR which is under the Department of Finance.

If they have information as to where the source of funds is coming and there is a violation on your end for not remitting the appropriate tax, so that might trigger, but you know in the Philippines it's not so strict, what they do is they priorities those bigger funds that are coming so they could get bigger taxes, unless you are being suspected of money laundering which is completely a different thing and a more serious one since it will soon be a criminal act once proven.

Of course not easy because it will break the law that they created, it needs a court order, but since it's the government that are requesting, court order will easily be approved.

Congrats for the nice win on your come back and good to hear that you withdraw it straight away so it will avoid losing it back like @roycilik
I think I've once hitting max win when I played at BK8, it was long time ago but it was not as big as yours and it was on different slot IIRC.
Maybe I'll come back later after "Lebaran", gambling budget is reduced a lot when it comes to a long holiday
Spend your win wisely and dont lose it back too fast, at least spend most of them for useful things first.

Or even don't go with the minimum. Just do normal transactions and each other has different triggers per banking policy. Yes, say that you've won big in BK8 and you've deposited it directly to your bank account. It is firstly the bank that will ask you about that but if they just let it pass then fine.

But when the government asks you about your transaction history, they just can't easily get it from that bank. Yes, they're regulated by the government but they just can't give that information too quickly.

As my example, you've won big with BK8 and there's a sudden influx of huge deposit in your account, the bank might ask you for that.

You mention the opposite, bank doesn’t care much about your deposit as long as you properly stated in the purpose of opening an account about potential money that will enter your account since you will immediately receive your money once you deposit it from P2P or other platform that do bank transfers.

The problem is when you withdraw because you will need to have a supporting details on where you will use it especially of you are withdrawing huge amount. We recently purchased property worth 20K USD and the bank ask me for deed of sale of the property while my funds mostly came from my crypto investments including gambling which is not the main concern of the bank but the things I will use my money.

As long as you stay below the minimum to trigger the authorities, you should be fine. If you are constantly gambling and say you are winning, then you might consider using different banks so you'll be able to spread your deposits and they'll not gonna notice your big wins. I understand about the bank secrecy law, I think most banks have that in place to them to protect the asset of their clients, but as we all know, banks are regulated by the government, so they can ask information that will be useful for their investigation.

Haha, true! they won't spend any second on that upon looking at their records or database.

I agree about spreading them. So each country has various laws about having money in the bank but they're more strict about deposits than of withdrawals.

They're closely monitoring money coming into them as it might be triggered for AMLA.

I tough you buy future with Rp.1000 IDR ~XD

My bad, well it's more better than my post before ~xd Around 600-700$ not bad, meanwhile me still chasing max-win on ZEUS ~XD However, not really often buying future/playing slot.

Currently just playing on (LIVE-CASINO).

Yeah, nice to see I finally have THR after not having any single project I'm working on now , and thank you for the advice, since getting max win I haven't visited the site again, maybe later (2 or 3 weeks after Eid).

Rp,1000 which mean you have RP.5,000,000?

I think you haven't seen the replay link that I shared, I said that I made a deposit of 1000 IDR (in BK8 nominal which means Rp1,000,000) and in my 2 initial buy bonuses, I bought it with 200 IDR which is where I get 10,000 IDR (Rp10,000,000) after max win.

At least you have money for (THR)

Thanks to BK8, and you got THR. Now blocked BK8 during the vacation and unblock again once the vacation is over, to avoid the money being deposited back again into the site, Rp,1000 which mean you have RP.5,000,000. Well done.

Well, If your bank 0 they don't care ~xd

Meanwhile, your bank passed minimum amount to be reported to government. Your data will be forwarded automatically to them, and then they will check you for the tax and other. In my country, at least the minimum around 37,000-40,000$ in my local currency more than Rp. 500,000,000 will forwarded to them.

So, try to spread those ~xd.

Most banks in most countries are protected by a bank secrecy act and that's why you're liking that law or act that's been placed not actually for the banks but for the customers or depositors of them.

But if there is a court order, even without your permission then they'll be able to take a look at your bank account and the transaction history that you'll have.

Mostly that have been applied with court orders have got a lot of money, when I say a lot, sure they are a lot.

I'm back again! how's your session going so far, have you got the maxwin on slots?

Having lost in several previous sessions until yesterday I made another deposit of 1000 IDR, in just 2 initial bonus buys I got the max win, it was really unexpected because it had been a very long time since I had gotten a max win at BK8.

Replay: https://replay.pragmaticplay.net/tN1lCZACKO

Withdrawal went smoothly, thanks @BK8.Ofiicial, and please give me another maxwin, cause AnitaMaxwin

Don't forget to claim your (CASHBACK & REVOLUTION) bonus for these weeks.

Last week, I successfully finished the turnover with (3x & 10x) for CASHBACK & REVOLUTION Bonus. My advice for the claim these bonus, claim the bonus before Sunday because I have some experience claiming on these days is not getting counted.

After several complain, they give me the bonus and tell me not to forget claim those bonus. My advice is better claim on (Friday/Saturday).

Governments control central bank and commercial banks and they can make any request to banks and ask banks to extract full bank transfer history of an account.

Banks even don't ask user permission to extract that data and give it to government and user even does not know what banks do with their account, account transfer history behind the scene.

True so, they operate under approval and control of government and even can not resist against government request in any case.

I don't think the government needs your permission to see your bank transactions.

It's for your (TAX) usually, while you are not paying tax but have a huge strange activity on your bank account. Mostly they will check your financial-flow, especially on the bank, and the bank you are using can comply with them for giving the report transaction.

They will match it up with your balance, transaction and tax you are pay. If you not paying tax at all, and find there has some strange activity you will can get more fine-tax by them. So basically, no need your permission.

Bank is also have duty to send a report for goverment for minimum specifq amount.

depend on the bookmakers but yes 99% is fiat in the philippines
only 1 bookmakers i see with crypo deposit and withdraw
the good thing in the law in the philippines is if u not declare ... they will not know .. the government cannot see whats in ur bank account if u dont give them the permission until ur alive. i never declare any winning money from the casino then hahahah
love this country

I don't know if it's the same in your country as it is in my country, but in my country, for example, the local casinos in my country use my country's local currency and the payment processors in my country use that currency. payment option, they are required to have a license from the government of my country and to deliver documents to the processor, so the owners of the local casino in my country are not anonymous people and all customers who make deposits at the local casino in my country and complain in the payment processor they used to deposit money at the casino, they complain because the casino stole money from them, something like for example someone from my country deposits money at the casino in my country and the casino claims that the money didn't arrive in the account

So that person from my country can go and complain about the casino directly to the processor and in this case the processor will investigate and return the money to the customer's account, this allows a lot of security to be created in using the casino from my country. but the disadvantage is that the payment method that casinos in my country use is only fiat and is closely monitored by the central bank of my country. This creates a bit of embarrassment, but it also creates a scenario of great reliability in casinos in my country

hmmmmm for the casino filipino im not sure i not heard about it but i will investigate haha

Howdy folks?

Just claim for my bonus (Cashback & Revolution) bonus from last weeks, It's a little bit small but can finish both of bonus. A friendly reminder for people who are playing on BK8 to claim those bonuses.

Required manual claim from you to choose the bonus.

It’s just great if casinos and other gambling businesses are so seriously regulated in the Philippines.  Probably even better than in many other countries.  And as you say, Pagcor is indeed very strong in gambling regulation services, but it is a very large and respected organization that has been in this business for almost 50 years.

 In my post, I rather talked about small casinos that take advantage of the Internet and suddenly appear on the gambling market and can just as suddenly disappear.  Some of them are, of course, potentially fraudulent.  And there are quite a lot of them in all countries of the world.  
But of course, Pagcor and the casinos it approves are organizations of a completely different scale.  They can definitely afford to hire high-quality online casino devs.

By the way, has Pagcor opened a global online casino under the brand "Casino Filipino", as promised earlier?

this is ridiculous
i live in the philippines
and all our bookmakers cant scam us because of pagcor regulation
our bookmakers have the same odds or even better than all the shitty crypto bookmakers who will void and limit u
its 300000 % more safe to play im ph bookmakers and casino for filipino than the crypto bookmakers