Anti-Money Laundering

Checking your clients’ documentation for money laundering takes time and effort, we can help reduce that time!

Accountants estimate that on average they spend anywhere from 30 minutes to 1 hour chasing up Photo ID and Utility Bill documentation, the minimum required for an Anti-Money Laundering (AML) check as stated by SOCA legislature.

Show efficiency to your clients and remove the irritations involved in chasing them up.

It is vital that today’s businesses are confident that they have set in place the right measures to reduce the risk of money laundering. This applies to both new applicants, and to existing clients who were taken on before the Money Laundering Regulation came into force in 1994.

But the challenge facing those businesses is to comply within these regulations without compromising customer service, whilst maintaining high levels of control.

Enhanced Network’s Anti-Money Laundering solutions enable you to:

• Identify high-risk applicants who warrant further investigation
• Quickly and easily authenticate identities online
• Address the latest AML legislation and regulations
• Respond to anti-money laundering requirements for new account opening or re-verification purposes
• Eliminate manual inefficiencies

To find out more, call us on 0844 357 7715 or send us an email via the Contact Us page.