For many, the most money they’ll ever spend will be on a property. But with the housing market rife with property transaction fraud, and such large sums at stake, it’s critical that you have confidence in the lawyer you’re trusting to make the payment on your behalf.
Our Lawyer Checker is designed to prevent property transaction fraud, by ensuring that client funds are being transferred to a legitimate bank account controlled by the vendor’s solicitors only.
The functions of our Lawyer Checker
Our Lawyer Checker helps to mitigate risk of financial crime occurring through screening. It works by identifying records of use that are connected to a vendor conveyancer’s account, so you can rest assured client’s funds are going into the intended pocket.
Our screening services guarantee:
Bank account validation
With our bank account validation, we screen over 10 related databases to identify any signs of fraudulent financial activity.
Real-time analysis
With reports of the law firms being delivered in real-time, and their bank account details, you can rest assured that the checks will be carried out efficiently, so you can get down to business, quicker.
The benefits of our Lawyer Checker
When you implement our Lawyer Checker into your compliance suite, you will get a whole host of benefits, such as:
- Maintaining full compliance: Our Lawyer Checker ensures your business meets recommendations made by SRA, offering you gold-standard protection.
- Enhanced risk management: By ensuring client funds are going to genuine bank accounts, you lower your risk of being caught up in fraud.
- Greater peace of mind: You can rest assured that you know you’re making payment to a legitimate bank account.
Seamlessly introduce Lawyer Checker with API integration
Our Lawyer Checker helps you to maintain compliance, while keeping things moving efficiently, so you can provide the best service to your clients.
No matter what your existing system currently looks like, our expert consultants will work to seamlessly integrate Lawyer Checker, so you can keep working how you best like to.