Of all financial services, money remitters are the most at risk when it comes to money laundering and the financing of terrorism.
If your business does not have adequate checks in place, you are at risk from severe penalties.
Namescan has you covered.
Our service offers the full spectrum of AML-compliant ‘Know Your Customer’ (KYC) checks needed to make sure your remittance service is not being abused and putting you at risk.
As part of your client onboarding process, use our API to make your KYC checks quickly and easily. Our systems are always fully up-to-date with the latest watchlists, sanction lists, PEP lists and other official lists.
Once your clients are on board, we continue to monitor each transaction to ensure they are still compliant, leaving you with complete peace of mind to just get on with what you do best.