Individual Report

Customer Verification – Electronic individual report

CDD Complete compliance with Anti-Money Laundering Regulations or the Bribery Act

Identity Verification reports, Pay-As-You-Go basis for our account holders, no contracts, Just charged for actual usage per address at very competitive prices.

Open an account and invoiced on a monthly basis for actual usage with 21 days payment terms. Contact us for a quote

SmartSearch, (we are a certified partner of SmartSearch) is the most powerful anti-money laundering verification service available in the market today. It has been proved as a compliant search under the Regulations. SmartSearch is the only AML Platform of its type where you can perform both Business and Consumer AML checks. Other unique features include email alerts to MLROs when Sanction, PEP or SIP matches are encountered; also included is ongoing monitoring of all client records.

Carry out an AML check on an individual person in a matter of seconds

AML checks on individuals

By just entering an individual’s name, address and date of birth, our platform completes a full AML check in less than two seconds, saving time and money.

Multiple verification methods

By using global data partners Experian, Equifax and Dow Jones we are able to offer an efficient, cost-effective and fully compliant solution.

Get detailed online reports

Our AML checks provide detailed reports on each individual, ensuring you know all there is to know about your customers.

Sanction, PEP, SIP and RCA checks

Our system automatically performs Sanction, PEP, SIP and RCA screening on every AML check you complete, ensuring you are always AML compliant.

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 legislation 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.

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.

SmartSearch quite simply offers the widest and most comprehensive selection of individual checks available on the market.

Electronic verification with the SmartSearch is very effective as a main system of anti-money laundering identity 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.

Refer – Second Search on a second credit reference agency

A unique feature for SmartSearch is on those few occasions the report returns a refer rather than a pass, the system will automatically perform a second search on a second credit reference agency, on many occasions this will return a pass cutting down on the time and inconvenience to both you and your client verifying the client by other means. This second search does attract an additional address search charge if a pass is obtained. If this second search again returns a refer no charge will be made to you.

Customer Verification Biometric Facial Recognition

We are now pleased to be able in addition to our usual EV solutions add Biometric Facial Recognition to the customer onboarding process for both UK and overseas individual checks.

This additional element combines both verification of a government issued document which if you have a good copy of you can load directly from your computer or send an upload link to your client via a free SMS message which is required for the Facial Recognition element, the results include both document check and facial recognition results as well as your normal AML UK residential report.

These two additional stages of verification use very high tech software and processes and as such come with a cost. This additional element of will be charged on a pay as you go basis.

Please see How To… Conduct Facial Recognition on a UK Individual Search

Only Account holders can use this service.

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.

Contact us to open an account to day