(a) 22.2. Payments and pay-outs should not be made from the player’s funds segregated account as this complicates the player liability matching process. There will be timing differences between players depositing funds into their wallet and the funds arriving from the payment processor, likewise, the licensees will be unable to prefund cashouts within Greece. We propose that this point is amended so that the Players’ account is used to hold player funds to match the liability and that participation amounts and payouts are funded from an operational account, which holds sufficient funds to transfer to the players’ bank account to match the liability in accordance with article 22.3.
(b) 22.3. The 3-days limit may be problematic under some circumstances. Reconciliation of player balances to player liability always happens one day behind. Bank Holidays and weekends add extra time into the process, as will converting cash into wallet currencies to top up player deposit balances, where one (1) extra day is required. We propose that this is amended to “make good the deficit as soon as possible and no later within 5 Business Days” to prevent breach of rules.
(a) 22.2. Payments and pay-outs should not be made from the player’s funds segregated account as this complicates the player liability matching process. There will be timing differences between players depositing funds into their wallet and the funds arriving from the payment processor, likewise, the licensees will be unable to prefund cashouts within Greece. We propose that this point is amended so that the Players’ account is used to hold player funds to match the liability and that participation amounts and payouts are funded from an operational account, which holds sufficient funds to transfer to the players’ bank account to match the liability in accordance with article 22.3. (b) 22.3. The 3-days limit may be problematic under some circumstances. Reconciliation of player balances to player liability always happens one day behind. Bank Holidays and weekends add extra time into the process, as will converting cash into wallet currencies to top up player deposit balances, where one (1) extra day is required. We propose that this is amended to “make good the deficit as soon as possible and no later within 5 Business Days” to prevent breach of rules.