Anti Money Laundering and ID Checks Blog

In business you will be dealing with varying types of business entity and therefore there are differing ways to try and ensure you will not be left with bad debt. This blog is to give you an insight as to why carrying out AML (anti money laundering) and ID checks can benefit your company.
 
As we all assume that AML or ID checks are specifically used when carrying out consumer credit checks. However I would like to raise the point of potentially checking the business owners/directors behind a Limited company to ensure they are who they say they are and they are a viable risk in themselves.
 
We have seen a significant rise in fraud in the UK and the AML or ID checks are a very cost effective quick solution to ensuring you are not caught by this potentially damaging form of crime. Please see below what is available in these credit checks:- 

• Instant verification of owner identity
• Confirmation of residential address
• Provides a detailed report for risk assessment
• Identifies insolvent individuals
• Verifies UK and International passports
• Verifies utility bills
• Verifies credit/debit cards
• Verifies bank account
• Verifies land register

Our AML and ID checks are ideal when credit checking sole proprietorship's and partnerships but also very useful when doing due diligence on potential customers. Some of our biggest subscribers of this information are in the financial services sector as well as large wholesale and distribution companies.

We can offer these reports individually through http://www.creditserve.co.uk/Online-Shop/Anti-money-laundering-searches or we can offer vastly reduced prices when a customer has bulk usage requirements.

If you would like any further information regarding this service or if you have any questions in general please do not hesitate in contacting me direct martin@creditserve.co.uk or 01992 414222 @creditservehttp://www.creditserve.co.uk/Products-and-Services/Consumer-AML