Important Notice: By creating an account or using IFRS 16, you confirm that you have fully read and agreed to these Terms & Conditions. If you do not agree with any of the terms, please refrain from using the platform.
IFRS 16 (https://ifrs16.biz) is an internationally licensed online betting and gaming platform. While primarily operated for users in Bangladesh, it is accessible from anywhere in the world subject to applicable local laws.
These terms form a binding agreement between IFRS 16 and its users. All IFRS 16 services — Sports Betting, casino games, live games, bonuses, VIP programs, and more — are covered under these terms.
- These terms apply in both English and Bengali; in the event of any conflict, the English version shall prevail.
- IFRS 16 reserves the right to update these terms at any time and will notify users 7 days in advance of any changes.
- By using this platform, you automatically agree to the latest version of our Terms & Conditions.
- All services on IFRS 16 are intended for entertainment purposes only. Gaming involves risk — please play responsibly.
To open an account with IFRS 16, you must meet the eligibility requirements below. These are strictly enforced with no exceptions.
- You must be at least 18 years of age. Accounts belonging to minors will be closed immediately and all balances forfeited.
- You must register from a country or region where online betting is legally permitted or not prohibited.
- Each person may register only one account. If multiple accounts are found under the same individual, all associated accounts will be closed.
- All information provided at registration must be accurate and truthful. Providing false information may result in account termination.
- For KYC (Know Your Customer) verification, IFRS 16 may request a national ID, passport, or other government-issued identification at any time.
- IFRS 16 employees and their immediate family members are not permitted to place bets on this platform.
Age Verification: IFRS 16 takes the protection of minors very seriously. Identity documents may be requested at any time for age verification. Withdrawals may be held until verification is complete.
The security of your IFRS 16 account is entirely your responsibility. Please follow the guidelines below to keep your account safe.
- Never share your login credentials (username and password) with anyone. Account sharing is strictly prohibited.
- Use a strong password and update it regularly. Combine letters, numbers, and special characters for best security.
- If you suspect unauthorized access to your account, contact IFRS 16 support immediately.
- Keep your account information up to date. IFRS 16 is not responsible for payment issues caused by outdated or incorrect details.
- Keep two-factor authentication (2FA) enabled — it significantly increases your account security.
IFRS 16 ensures fast and secure payments through Bangladesh's most popular mobile banking services. The table below outlines the applicable payment limits and guidelines.
| Payment Methods |
Minimum Deposit |
Maximum Deposit |
Withdrawal Time |
| bKash |
৳200 |
৳50,000 |
15 minutes – 2 hours |
| Nagad |
৳200 |
৳50,000 |
15 minutes – 2 hours |
| Rocket |
৳300 |
৳30,000 |
30 minutes – 3 hours |
| Bank Transfer |
৳1,000 |
৳2,00,000 |
1–3 business days |
- Withdrawals can only be processed to the same payment method used for the original deposit.
- Bonus funds are subject to wagering requirements before any withdrawal can be made.
- IFRS 16 complies with anti-money laundering policies. Additional verification may be required for large withdrawal amounts.
- There are no hidden charges on transactions. However, your bank or mobile banking provider may apply their own fees.
Security Guarantee: All financial transactions on IFRS 16 are secured with SSL encryption. Your payment information is never shared with third parties.
IFRS 16 bonuses and promotional offers provide added value for our users. However, each bonus comes with its own terms that must be followed.
- The welcome bonus is available to new members one time only. Any attempt to claim it through multiple accounts will result in all accounts being terminated.
- Each bonus carries its own wagering requirement. Typically, you must wager the bonus amount 5x to 30x before a withdrawal is permitted.
- Winnings from free spin bonuses are also subject to wagering requirements.
- Bonus offers must be used within the specified time frame. Any unused bonus will be automatically cancelled once the deadline has passed.
- IFRS 16 reserves the right to modify, suspend, or cancel any promotion at any time.
- If bonus abuse or fraud is found, all winnings and bonuses associated with the account will be forfeited.
Notice: Read the relevant terms carefully before claiming any bonus offer. Bonus balance and real balance are kept separate — wagering requirements must be met before any withdrawal.
IFRS 16 has specific rules governing Sports Betting and casino games. All players are required to abide by these rules.
- Once a bet is confirmed, it cannot be changed or cancelled. Please verify all details before placing your bet.
- Odds in live betting can change at any time. IFRS 16 reserves the right to void any bet placed at incorrect odds due to a technical error.
- Match fixing or placing bets based on insider information is strictly prohibited and subject to penalties.
- Each betting market operates under its own specific rules. Please refer to the relevant game rules for full details.
- If a match or event is cancelled, the stake for the relevant bet will be refunded.
- IFRS 16 sets the maximum betting limits and reserves the right to adjust them as needed.
The following activities are strictly prohibited on the IFRS 16 platform. Violations will result in immediate account closure and legal action where necessary.
- Using the platform for money laundering or any illegal financial transactions.
- Using bots, automated software, or artificial intelligence for betting or gaming.
- Bonus fraud — claiming bonuses by opening multiple accounts or providing false information.
- Attempting to hack or bypass the platform's security systems.
- Accessing, stealing, or misusing another user's account or personal information.
- Misconduct or threats directed at IFRS 16 staff.
- Spreading false information to influence others' betting decisions.
IFRS 16 is firmly committed to responsible gaming. We want every player to enjoy gaming as entertainment, not let it become an addiction.
- Each player can set their own daily, weekly, or monthly betting limits.
- The Self-Exclusion feature allows you to temporarily suspend your account for a set period of time.
- If you notice signs of problem gambling, the IFRS 16 support team is always available to help.
- Parents and guardians are responsible for keeping minors away from gaming. The use of parental control software is strongly advised.
- If you're experiencing problems with your gaming, visit our Responsible Gaming page: Responsible Play
Please note: Gaming is entertainment, not a source of income. Only play with what you can afford to lose. Winning is never guaranteed.
IFRS 16 treats the protection of your personal information as its highest priority. To read our full privacy policy, visit: Privacy Policy।
- Your personal information is used solely for service delivery, identity verification, and legal compliance.
- Your data will never be sold or shared with third parties without your consent.
- All data is protected with SSL encryption and modern security technology.
- You may request to view, correct, or delete your personal data at any time.
IFRS 16 reserves the right to suspend or permanently close any account without notice in the following circumstances.
- Violation of any clause in these Terms & Conditions.
- Evidence of fraudulent or dishonest activity is found.
- Identified as a minor.
- Failure to pass KYC verification or providing false information.
- At the direction of legal authorities.
- Account inactive for an extended period (12 months).
Users may also request account closure at any time by emailing support@ifrs16.biz. The opportunity to withdraw any valid balance will be provided before the account is closed.
IFRS 16 reserves the right to modify these terms and conditions, in whole or in part, at any time. Any such changes will follow the process outlined below.
- For significant changes, users will be notified by email at least 7 days before the changes take effect.
- Updated terms will be reflected on this page, and the "Last Updated" date will be revised accordingly.
- Continued use of the platform after any changes will be considered acceptance of the updated terms.
- Contact us at: support@ifrs16.biz — our support team is available 24/7 in Bangla.