We offer many different types of ID/AML checks. If you have ID/AML credits on our platform then these can be used towards any type of ID/AML check that we offer.
The type of check you choose will be dependent on your own business processes and the individual situation and risk profile of your client. We also offer client ‘Risk Assessments’ which help you identify and record the risk profile of your client and should be used as part of a robust Anti Money Laundering process:
If you would like ‘Risk Assessments’ available on your dashboard please let us know.
The cost of each different type of check can be seen at the point you create a check in your dashboard.
All of our checks can be paid for by either yourself or your client, but the majority of our professional users let the end consumer pay and use this to generate extra revenue to cover their own internal compliance costs. See our separate help article on this here.
The gold standard for ID/AML, this option is intended for those who want the most rigorous style of check possible and don’t want to have to manually check (and keep separate records of) identity and address documents. This check gets sent to your client for them to scan their photographic ID document, upload a proof of address document and then provide a biometric scan of their face. The client’s identity and address are independently checked against a Credit Reference Agency (light touch with no imprint) and a full suite of AML checks are then run.
The ‘Full Biometric’ features: ID document authenticity, address document including 3rd party verification with a CRA, biometric scan with face-match, full AML including PEPs, sanctions, watch lists & adverse media.
This is a good option if your client doesn’t have access to a mobile device or would find it difficult to conduct a check themselves. You will need to see your client’s original identity and address documents, photograph these (front and back) and then perform the check on behalf of your client. This check is identical to the full biometric check except it doesn’t perform a biometric scan of the person presenting the documentation.
Therefore, you are acknowledging that the client is a true representation of their identity document.
The ‘Client Not Present’ features: ID document authenticity, address document including 3rd party verification with a CRA, full AML including PEPs, sanctions, watch lists & adverse media.
Intended for those who are already conducting manual checks on identity documents and are happy with their existing processes for recording these, but have no mechanism to independently check the existence of an identity with a CRA (Credit Reference Agency) for mortality/address etc or to perform detailed AML searches. This check is conducted by you and the results are instantly available.
The ‘AML Enhanced’ features: 3rd party verification with a CRA, full AML including PEPs, sanctions, watch lists & adverse media.
A standard UK Government compliant Right To Rent check for tenants with AML. Your client will be required to present a UK or Irish passport only. It is a UK Government requirement that only UK or Irish passports are allowed for this check. Once your client has successfully completed the check then a full suite of AML will be run. This check does NOT include any form of tenant referencing.
The ‘Right To Rent’ features: UK Government compliant ‘Right To Rent’, full AML including PEPs, sanctions, watch lists & adverse media.
NOTE: If your client does not have a UK or Irish passport then you will need to ask them to generate a Right To Rent code on the UK government website and independently verify this on the UK Gov website.
For when you need to check a company. You provide the company name and optionally choose whether you want to include an Ultimate Beneficial Ownership (UBO) lookup at Companies House. An AML check is then run on the company name.
The UBO lookup will help you identify any relevant people (and potentially other entities) which you will also need to conduct separate AML checks on.
The ‘Company Check’ features: Optional (recursive) UBO lookup at Companies House, full AML on the company name including sanctions and adverse media.
Ongoing monitoring (available on request) can be added to your dashboard. AML databases will be searched daily for 360 days and alerts will be automatically sent to your branch email address. It is always recommended that reports are reviewed periodically in case of email outage.
