KYC and AML Compliance Solutions for Legal Firms and Lawyers
Veriphy is designed to help assist solicitors with the latest compliance requirements.
Comply with the Law Society, and be sure that your client is who they say they are, with online Anti Money Laundering (AML) checks that takes a matter of seconds.
Know who you are dealing with- reduce your risk of financial and reputational damage by verifying client's identity, their UK address and screen them against global PEP and Sanctions lists at the click of a button.
There is no minimum check usage and no minimum contract period, and we only charge you for the checks you do.
That means free sign-up, no subscription charge and free support, all with no software to install.
Key Benefits of Veriphy Online Checks:
- Easy compliance with the Money Laundering Regulations
- Freedom from time-consuming tasks like requesting, examining and photocopying passports and other documents
- Ability to check driver's licence and passport details to ascertain their validity
- Ability to detect mail redirects
- Ability to check against PEP and sanctions lists - a required element of enhanced due diligence
- Ability to perform individual or batch AML checks
- Overall speeding-up of process - AML Checks typically take under 3 seconds
- Reduced admin- optimise client onboarding and reduce paper-bound processes by going digital
- Saves on the cost of registered postage and eliminates postal delay and risk
- Our secure website lets you check at any time from any location
- Our prices are extremely competitive, and you only pay for what you use
- Powerful usage reporting for easy and accurate disbursement
I absolutely love it. I can't believe how easy it is to use and how user friendly it is in its format.
Love it – very happy client as well as we can now speed up the process by 4 days for him.
The system was extremely easy to set up and we were up and running with it very quickly… It made a refreshing change to be in that position so quickly.