Who can benefit?
For everyone who needs to check people, property or companies
There is a wide range of sectors and organisations that can benefit from using this system, whether you need to perform Money Laundering checks by themselves or a whole range of checks in one pass.
HMRC have a useful precis of who is covered by the new Money Laundering regulations here.
Here are some examples:
Estate Agents
Comply with the new Money Laundering Regulations with Money Laundering Veriphy.The Office of Fair Trading (OFT) has published guidance for estate agents which can be downloaded here.
The OFT launched an anti-money laundering register for all estate agents on July 31, 2009.
It is now a legal requirement to be registered - unregistered agents will be breaking the law and risking prosecution.
Buyers' agents and relocation agents also have to register.
The registration form is available on the OFT website www.oft.gov.uk, at this page: http://www.oft.gov.uk/advice_and_resources/resource_base/legal/money-laundering/guidance
Financial Services Sector
Bring forward the checks for a mortgage application. Know your customer with Money Laundering Veriphy. Verify that they own their house and what second charges exist with a Title check and even get an accurate current Valuation of their home before you even begin the application process.
Solicitors
Comply with the Law Society with an Electronic Money Laundering check. Be sure that your client is who they say they are in a matter of seconds.
Whatever it is you are checking, we can have you up and running in short order, whether you need to perform Money Laundering, Title, Property Valuations and a whole host of other checks in any combination.
You could start making real financial and efficiency savings today with no financial outlay.