Individual Report
Customer Idendity Verification Reports – Individuals
Complete compliance with Anti-Money Laundering Regulations or the Bribery Act
Identity Verification reports, Pay-As-You-Go, no contracts, Just £5.00 + VAT each
First resellers report ‘Powered by Experian’
The BTC SmartSearch, (in partnership with SmartCreditUK Ltd) is the most powerful anti-money laundering verification service available in the market today. It has been approved by the Joint Money Laundering Steering Group (JMLSG) as a compliant search under the Regulations.
BTC SmartSearch accesses the widest sources of data such as Full Electoral Roll, Experian’s Consumers Credit Data (CIAS), The Global Fraud Alliance Data and Bank and Card validation services; it also features a unique alert service that sends a warning to you when high risk alerts are triggered.
The BTC SmartSearch offers unparalleled match and pass rates available, (in tests over 33% more primary matches than CallML). It is uniquely partnered with and powered by Experian, the global information services company and the Global Fraud Alliance to allow you to verify your clients quickly and with confidence.
BTC SmartSearch can be configured to meet your “Risk Based Policy” allowing higher levels of checks to be undertaken if and when required. It also offers a unique “High Risk Alert” service to ensure that you are undertaking Enhanced Due Diligence when required. These alerts are ensuring you are always in control and can be sure that the proper Due Diligence is undertaken.
Most fines issued by Supervisors have been imposed not because the organisation did NOT have controls, but because they simply could not demonstrate that checks had been undertaken. It is also a requirement in both sets of legislations to have risk management policies in place to check if a customer is a Politically Exposed Person and many organisations that rely solely on paper based documents may not be employing effective methods to do so.
The BTC SmartSearch not only checks the PEP’s database but against other alert listings, including ‘deceased persons files’ of both Government and insurance companies and the Credit Industry Fraud Avoidance Scheme (CIFAS) database of known identity theft, impersonation and first party fraud either as an offender or victim, as well as HM Treasury and other designated nationals sanction listings.
BTC SmartSearch quite simply offers the widest and most comprehensive selection of individual checks available on the market.
Verification Reports – Only £5.00 plus vat per report!
• Complete verification report, ML Regulations and Bribery Act compliant
• Joint Money Laundering Steering Group (JMLSG) Approved
• Unique High Risk Alert Service
• Widest range of data sets available on the market including Experian’s data and The Global Fraud Alliance Data
• Highest Match & Pass Rates
• PEP and OFAC sanction searches as standard
• CIFAS and deceased persons files searches
• Replaces or supplements documentary evidence
• No client specific consent required
• Can be set for normal or high risk
• Certification of documents such as a passport, DL or credit card
• Non contractual basis – no minimum requirement
BTC offer a full verification package, for each report our qualified staff will
• Undertake the search on your behalf
• Resolve any anomalies regarding basic identification such as name and address
• Produce your report and deliver it to you by email in PDF format inside 2 hours, and
• Offer expert advice to help resolve any issues arising from your request
Electronic verification with the BTC SmartSearch is very effective as a main system of anti-money laundering indentity verification procedures or as a supplement to your existing methods for those awkward cases that from time to time arise, allowing you to commence work with only the minimum amount of fuss in a cost effective manner.
Further benefits for you:-
• Report by report basis – no minimum order or subscription fees
• FREE advice & support to you on verification matters, it’s all part of the service
• Fully qualified personnel in Anti-Money Laundering and Fraud and Financial Crime Prevention (ICA)
View a sample BTC SmartSearch AML Report
Only Account holders can use this service.
All existing BTC account holders for other services including formations and anti-money laundering are already registered account holders for this service. All other new customers will need to open an account.
When opening your account for this service you will asked for either your Supervisor Details for the Money Laundering Regulations or as a firm complying with the Bribery Act, your Data Protection Act registration number with the Information Commissioners Office.
