Learn about our new FICA regulations and how it makes creating your Hollywoodbets account quick and easy. Learn more below:
Watch our video here with a quick break-down on how to submit FICA!
New FICA regulations are making registration with Hollywoodbets much easier!
If you register with us now you will receive a R25 sign-up bonus that you can make use of within 24hrs.
Terms and conditions apply.
For those that are required to send their proof of address, please send the following along with your Identity Document to FICA@Hollywoodbets.net.
ACCEPTED FICA DOCUMENTS AND CHECKLIST
Proof of Identity:
- ID copy, Passport or Driver’s License
- Identity Documents must be clear i.e. the information and photo must be visible.
- Please provide a colour copy or clear photograph of the document as shown below.
- Remember, if you're using a Smart ID Card, to send through a picutre of both the front and back.
Where Applicable, use the following guidelines.
Checklist for proof of address:
- Initials on the proof of address must correspond with the ID book
- A client proof of address must contain the residential address only (Postal address not acceptable)
- Proof of address must have a date (If it does not contain a date it will not be accepted)
- If a client stays with their parent/renting, the parent must fill in a confirmation form stating that they reside with the client/renting. This form must be accompanied by proof of residence under the owner of the residence.
Accepted proof of address:
- Utility Bill (less than 3 months old)
- Bank statement (Less than 3 months old)
- A lease or rental agreement (Less than 1 year old)
- A municipal rate & taxes invoice (less than 3 months old)
- Mortgage statement (less than 6 months old)
- Telephone account or other fixed-line provider (less than 3 months old
- An official tax return (less than 1 year old)
- A recent life insurance policy issued by an insurance company (Less than 1 year)
- Recent correspondence from a body corporate or share-block association (Less than 1 year)
- A valid television license documents (Less than 1 year)
- A registered residential address confirmation inserted in the customers Identity Documents
- Recent motor vehicle license or documentation(Less than 1 year)
- A letter from a Municipal authority confirming that an individual is permitted to reside on communal land (Less than 3 months)
- If you currently live with someone, and your proof of residence is in someone else's name, you will need to fill out a Co-Habitation Form and submit with your FICA documents. Download the form by clicking the link HERE
Learn more about the FICA Act via the
official document here. Please note that updates to this document can be found on the
FIC website, and is subject to change.
R25 SIGN UP BONUS: TERMS AND CONDITIONS
To qualify for the sign-up Bonus, the customer must sign up for an online/mobile betting account.
In order to participate, the individual must be over the age of 18.
A limit of one account per customer applies.
ID numbers entered on registration will be verified by Hollywoodbets nominated verification tool at the time. If the verification tool fails to recognise a customer’s registration, Hollywoodbets has the right to request documents (see point 9) before processing the registration.
R25 Sign-up bonus must be used within 24 hours of account activation or it will be forfeited.
Persons who have signed up successfully but have not yet submitted FICA documentation can also participate.
The account holder will not be entitled to withdraw the R25 out of their account until the funds have first been bet and turned over in full.
The account holder must submit his/her FICA documentation, be FICA compliant and have his/her FICA documentation approved before the first withdrawal can be requested/ approved. “FICA” means the Financial Intelligence Centre Act, Act 38 of 2001 as amended.
The term “FICA documentation” in point 8 is used to refer to a valid South African identity document or valid foreign passport and proof of address not older than 3 months and in the customer’s name. Examples: municipality bill/electricity bill, bank statement and retail account statement etc.
The bonus credited cannot be wagered on both markets in the same event. This includes betting on Lucky Numbers (High/Low), To Bat First, To Kick-Off First, or any markets related to an event of the sort as deemed by Hollywoodbets in its sole discretion. Any accounts found doing this will have their bonus revoked, and Hollywoodbets will not be responsible for any losses that are incurred.
Betting on individual markets with odds of less than 5/10 (0.5 decimal) will not be deemed to be compliant.
Abuse or irregular activities noted at Hollywoodbets’ discretion will result in the bonus being revoked.
Hollywoodbets reserves the right to revoke this promotion at any time and without cause or notice.
Hollywoodbets reserves the right to change any of its terms and conditions at any time and without cause or notice.
Every Hollywoodbets account holder participating in the promotion shall be deemed to have acknowledged and accepted the rules by virtue of their participation.
Suspicious and/or fraudulent activity will be reported to the Financial Intelligence Centre for criminal investigation/s to proceed.
These terms and conditions are also available by phoning 087 353 7634 (standard Telkom rates apply) or emailing promotions@hollywoodbets.net.