IDENTITY CHECKS

With our AML self service tool the power is in your hands. 

 

Watch the video below and see how easily you can verify your customers identity. 

AML Self Service Tool 

Use our new tool for the moments when you want instant results. 

Our self service IDV is as easy as 1, 2, 3: 

  1. Enter your details into the AMLOnline Portal or get the customer to do it themselves with our online form. 

  2. Their details are run through reliable and trusted data sources. 

  3. The report is instantly delivered to your Compliance Officer. 

Trusted and secure, we are the only AML outsource provider that has been awarded the Privacy Trust Mark. ​​

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Like What You See

Call us on 0800 115 121 to get started or contact us to find out more.

Why Identity Checks Are Important

It's estimated that over $1 billion a year comes from drug dealing and fraud. All this cash can be laundered through New Zealand businesses, risking our reputation and economic strength. The Anti Money Laundering and Countering Financing of Terrorism Act 2009 was passed to protect New Zealand and everything we love about it.
 

Money laundering is carried out by hiding identities. The essence of the AML law is to see through these layers to find out who is behind the funds, and where they come from.
 

This all means you are required to identify yourself and show who the 'controlling mind' is of artificial persons (companies, trusts and so on), and you will sometimes be required to demonstrate where funds come from.

Different Types Of Identity Checks

Electronic Identity Verification (eIDV)

eIDV is the process of verifying a persons identity remotely through digital means. Identification documents may include passport, drivers license or other official government issued documents.

 

This will help verify a customers identity but does not provide a full background check. For this you need to carry out customer due diligence.

Customer Due Diligence (CDD) 

Customer Due Diligence is the process of completing full background checks on an individual. These comprehensive checks will help determine if an individual poses a risk to an organisation in areas such as money laundering or financing terrorism.

Need Some Help

Speak to one of our AML experts in our analyst team who will be able to answer

all your identity and due diligence questions.

Call us on 0800 115 121 or email us at info@ticc.nz