99exch AML & KYC Policy
Two separate things sit on this page. What this site does — which is almost nothing, because we handle no money. And what checks you can realistically expect around a 99exch account.
Our position first
99exchi.co.in is an information site about 99exch. We do not open 99exch accounts, do not process payments, do not hold client funds and do not act as an intermediary for anybody's money. None of it.
That means we run no customer due diligence, collect no identity documents and maintain no transaction records, because there is nothing here to run them on. We could not perform a 99exch KYC check even if asked, and we would refuse documents if somebody sent them.
Never send Aadhaar, PAN, bank statements or any identity document to this site. We do not need them, cannot act on them, and would rather they were not in a chat thread at all.
What KYC means on a 99exch account
Opening a 99exch ID does not involve documents. A first name and a mobile number is the whole requirement, which is why the process takes minutes rather than days. There is no upload step and no verification queue at signup.
What does exist is a check at the point of money leaving. Before releasing a payout — particularly a first one or an unusually large one — a 99exch desk will normally confirm that the UPI or bank name matches the person who deposited.
That is a fraud control rather than formal KYC. Its purpose is narrow: making sure money that came from you goes back to you, and not to somebody who has got hold of your credentials.
What a desk may reasonably ask
Expect those five rows to cost you a minute or two. When a 99exch desk checks the UPI name before a payout, a stranger holding your credentials hits the very same check and cannot redirect the withdrawal. The reset side of this is covered on the 99exch login page.
What a desk should never ask
Your password. An OTP. A fee to open or verify an account. Remote access to your phone. Payment to a handle sent by a new contact rather than through your existing thread.
Any of those appearing in a chat is a strong signal you are not talking to a genuine 99exch desk, regardless of the display name and photo. The WhatsApp number page covers this in more detail.
Keeping your own 99exch record
Because there is no formal onboarding, your 99exch chat thread with the desk is the only history either side holds. It contains every 99exch deposit screenshot, every payout confirmation and the timestamps on all of it.
Keep it. Delete only the messages containing passwords. If a payment is ever queried, that thread is what resolves it, and trying to reconstruct one from memory weeks afterwards is slow, imprecise, and far too easy to get wrong in the exact detail a 99exch desk will ask you to confirm before it releases anything.
Underage and third-party accounts
Age comes before any name or UPI match: the holder of a 99exch ID has to be 18 or older. A request from a minor is one a genuine 99exch desk turns down, and nothing published here is addressed to under-18 readers.
Opening an account for somebody else is a bad idea for the same reason these checks exist. It ends up registered to your 99exch number, and when they withdraw to their own UPI the names will not match — which is precisely the mismatch the check is designed to catch.
Reporting a concern
If you believe an account is being misused, or somebody is impersonating a 99exch desk, raise it with the desk that issued your 99exch ID first, since they can act on the account. You can also tell us through the contact page so we can warn others where it is a pattern.
Legal note
Nothing here is legal or compliance advice. Gambling and payment regulation in India varies by state and changes, and it is your responsibility to know what applies where you live. See the disclaimer and terms of use.