Anti-Money Laundering Checks
4 easy steps to client onboarding and Anti-Money Laundering (AML) checks
The Sethi Partnership Solicitors strive to make life easier for our clients by embracing new technology. We are one of the very few firms in the area to offer anti-money laundering checks and ID checks from the comfort of your own home, so you do not need to take annual leave or time off work.
Our innovative online verification system allows us to undertake document validation, screening and anti-money laundering checks all online without you having to come to our offices from the convenience of your personal device in a matter of minutes.
Step 1 – How do I do this?
Simply indicate on our questionnaire or advise the lawyer acting on your matter that you wish to verify your ID online.
You will then receive an email from us and near the foot of the email, click on the green button titled ‘Start your verification request’.
This is a unique link that will allow you to access a secure portal.
Step 2 – Detail confirmation
Confirm your details are correct and agree to the terms, conditions and rights to process your data in order to proceed.
Step 3 – Checks
You will be asked to complete the following;
Your details are taken forward from the previous form with the ability to add more information. Confirmation of data processing acceptance is collected, the information is submitted, and the check is performed.
The Photo ID check can be completed with your passport either by using a smartphone, tablet or desktop based webcam or by scanning the document and uploading a file. You must ensure the passport is valid and in date. The image must be a full picture with all the corners included and no reflections.
Once you have uploaded your passport a unique verification code will be generated, and this must be written down on a piece of paper. You must then take a picture of yourself holding up the unique verification code (selfies accepted).
Finally, we will require the following uploaded as proof of your address:
– Current UK driving licence
– Utility bill (no more than three months old)
– Council tax statement (no more than three months old)
– Bank statement which includes your full name and address (no more than three months old)
We recommend uploading PDF documents for your bank statements.
Step 4 – Confirmation email
Lastly you will receive a confirmation email on completion of the individual steps. This provides contact details for any unanswered questions.
Please contact us to go through any of this process to make your life easier for you!
Please note in some circumstances to comply with Money Laundering Regulations 2017, Proceeds of Crime Act 2002 and prevent against fraud we may need carry out further due diligence.
For more information on Anti-Money Laundering, please visit The Law Society here.