Anti-Money Laundering Policy
Draft template — must be reviewed by a solicitor before launch.
We are committed to preventing money laundering and terrorist financing, and are registered with HMRC (Money Laundering Supervision).
Customer checks
- Photo ID and proof of address for transactions of £1,000 or more, or linked transactions that add up to it.
- Enhanced checks for higher-risk transactions.
- We do not accept or pay cash above legal limits.
Record keeping
We keep identification and transaction records for at least five years.
Reporting
We report suspicious activity to the National Crime Agency and may decline any transaction without giving a reason.