Here you will find all the information on how to claim the prize money won in tournaments hosted by PGL.

The following rules apply to all contestants and are non-negotiable.

General rules

1. The recipient of the prize money is the individual person who played at the event (via personal bank account), or the company/association/non-profit organization of which he or she is a part of (via invoice).
2. The winner/s must be present at:
   1. The Prize Ceremony.
   2. Media interviews and connected photo-shoot.

Payout policy

1. Prizes must be claimed within 60 days after the conclusion of the event. After 30 days, unclaimed prizes will be considered forfeited by the players / teams.
2. Prize money will be paid within 60 days after receiving the required payment information from the players or organizations, detailed below.
3. Private individuals will receive the prize money in their own bank account, out of which a 16% tax will automatically be deducted, in accordance with art. 77 of the Romanian Fiscal Code.
4. No tax will be deducted if the prize value is lower than 600 RON, in accordance with art. 77 of the Romanian Fiscal Code.
5. No tax will be deducted if a winning team is organized as / is part of a company that can issue an invoice with a valid European VAT id.

Necessary payment information

For receiving the prizes in their own bank account, players need to send the following information to [email protected]:

• Photocopy of passport or national ID Card
• Bank name
• Bank account in both IBAN and SWIFT/BIC format
• The currencies in which the bank account can accept international transfers

Companies/associations /non-profit organizations need to contact the organizers via e-mail – [email protected] – for the invoice details.

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