Anti Money Laundering and ID Check

Name: Anti Money Laundering and ID Check
SKU: 248
Availability: InStock

£30.00

To sell or purchase a property, UK law requires an Anti-Money Laundering (AML) and ID check for each legal owner or buyer. This confirms that you are who you say you are, and that the funds being used are from legitimate sources.

Description

Anti-Money Laundering & ID Verification

To sell or purchase a property, UK law requires an Anti-Money Laundering (AML) and Identity Verification check to be completed for each legal owner, buyer, or beneficial owner involved. These checks confirm that:

You are who you say you are, and
The funds being used are from legitimate, verified sources.

This process is a legal requirement under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (as amended in 2019): https://www.gov.uk/government/publications/money-laundering-regulations-2007-supervision-of-estate-agency-businesses

We cannot proceed with marketing or a sale until these checks are complete.Coppenwall Estate Agents are a member of The Property Ombudsman (TPO) – Membership No: T00766, and registered with HMRC for Anti-Money Laundering Supervision