Anti Money Laundering Checks

Get online Anti-Money Laundering checks instantly

Discover how Creditsafe's AML checks can improve your efficiency, increase revenue and ensure regulatory compliance without a sign up fee.

Request a free AML check

This offer is for business use only.

Why use Creditsafe for online Anti-Money Laundering checks?

Creditsafe's Anti-Money Laundering solutions offer enhanced checks that deliver an answer in seconds.

  1. Verify a client’s ID instantly

    Verify your client confidentially and meet your due diligence obligations by checking they are not engaged in any suspicious activity. Our AML checks give you the highest protection against terrorism funding, fraud and other unlawful financial activity.

  2. Ensure regulatory compliance

    Our Anti-Money Laundering checks meet the standards outlined by the joint Money Laundering Steering Group (JMLSG) guidance, ensuring peace of mind that your due diligence is fully AML compliant.

  3. Reduce audit time & risk

    Our comprehensive screening checks against 300+ global PEPs and Sanction databases instantly, saving you time and helping you reduce your own company’s exposure to risk. Get your full and paperless audit trail today.

More than 100,000 businesses already use Creditsafe

Discover how we can improve your efficiency and ensure regulatory compliance.

Request your free AML check

Protect and grow your business with Creditsafe's AML checks

Our AML checks bring together hundreds of data sources online in an instant, removing the need for physical storage whilst saving you both time and money.

  1. Paperless audit trail

    We will store a paperless audit trail for 5 years in a highly secure environment to evidence your compliance, whilst protecting your clients' personal data in line with new Data Protection Regulations. Reduce costs associated with physical storage, whilst ensuring you are exhibiting good governance with a paperless audit trail.

  2. Increase revenue & efficiency

    Maximise new business potential through the increased speed and efficiency of your sales and on-boarding process. Our checks will give you an answer in seconds, reducing drop-off rates and keeping new clients happy. Access can also be granted to numerous departments within the business to improve efficiency throughout the entire lifetime of a customer.

  3. Screen against 300+ sources

    Instantly cross-reference over 300 data sources to manage and mitigate anti-money laundering risk, for an enhanced due diligence process. Our data includes: Credit Data, International PEPs and Sanctions Lists, Passport and European ID Cards, Electoral Roll, plus household and utility bills.

  4. Bank data verification

    You can also enrich and enhance your KYC checks by verifying customer bank data via UK bank records, with access to more bank information than any other UK provider. Ensure KYC compliance with regulated bank identification processes.

Are you compliant with the latest Anti-Money Laundering Directive?

The implementation of the new European Union's Fifth Money Laundering Directive (EU5MLD) came into force on 10th Jan 2020 and affects a number of businesses across industries including:

  • Real Estate
  • Banking & Finance
  • Credit Institutions
  • Legal Professionals
  • Auditors, Accountancy & Tax Advisors
  • Gambling Services

With an increased focus on ongoing monitoring and evidencing sufficient customer due diligence, electronic AML checks are becoming more favourable to businesses in managing their compliance.

Anti Money Laundering

Require a system that can streamline 1000s of client checks?

Get the answers you need to make those vital business decisions quickly and accurately.

Bulk AML

Bulk AML Checks

Manage 1000s of customers or bring your historic customer files up to date and in line with new legislation with Batch AML checks.  Provide up to 200,000 customers in a single file.

AML API

AML API

Streamline your customer onboarding and compliance procedures even further with Creditsafe's integration app, making it even easier for your business.

Try Creditsafe's Anti-Money Laundering checks for free

Experience the speed of Creditsafe's online AML checks today.

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Frequently asked questions

Who needs to run Anti-Money Laundering checks?

Solicitors, accountants, tax advisers, insolvency practitioners, financial institutions, credit institutions, estate agents, chartered surveyors, trust/service providers, gaming companies and high value dealers with the potential for a business relationship worth over £15,000, such as automotive dealers and jewellers.

Why does my business need to perform Anti-Money Laundering checks on its clients?

The Anti-Money Laundering regulations are governed by 4 Acts: The Proceeds of Crime Act, The Serious Organised Crime and Police Act, The Terrorist Act and the Money Laundering Regulations. Failure to report suspicious activity can carry a criminal sentence and lead to substantial fines from the relevant regulatory body.

What is Electronic verification?

In order to prevent fraud and money laundering it is important to verify individuals carrying out financial transactions. Previously, documentary evidence was relied on to verify an individual. These may not always be available and they can also be easily forged or altered, therefore electronic verification provides extra security and reduces risk against money laundering and fraud. Electronic verification also removes the need for the customer to be present, which saves time and helps support customer relationship building. The risk of money laundering is reduced as several data sources are called upon to verify the customer rather than just relying on documentary evidence.

I have dealt with my clients for many years, do I still need to carry out customer due diligence?

You need to keep CDD up-to-date for all your clients. You may have sufficient documentary ID details on your files, but if there has been any subsequent change to their circumstances or risk profile, you should update your CDD. It is advised to review clients’ CDD on a regular basis.