Knowing who your customer is, is not only a wish for some companies, but also a legal obligation (Wwft). PriCompliance provides full control at the lowest possible cost.
Companies and institutions that fall under the Wwft have a legal obligation to screen their customers. In addition to an ID check, (extensive) client research is mandatory to identify and counteract the risk of fraud and money laundering. PriCompliance offers landlords of offices, holiday homes, hotels, postal addresses, parcel processors, lawyers, accountants, civil-law notaries and many others the opportunity to perform these checks professionally and safely.
The PriCompliance app has been specially developed to automate this client investigation. The checks that can be performed include:
• ID check (+6000 types of IDs)
• AML / PEP Sanction check
• AML Business Check
• Continuous AML monitoring
• UBO statement
• Chamber of Commerce check
• and others
With the help of the PriCompliance app, the client to be checked carries out most of the steps himself. The client and his/her ID are recorded via a photo and video functionality, after which the necessary checks are immediately carried out automatically.
As a company, you save a considerable amount of time, money and administrative actions. This also ensures a very low margin of error and thus correct processing that meets the strict Wwft requirements.