We need to verify that the name and address of the person or company making a contribution matches the bank details provided.
We’ll do this electronically and, if the verification fails, we’ll ask you for more evidence. This can be any of the following:
The evidence must include name, address, account number and sort code. We won’t accept a list of transactions downloaded from online banking.
We can only accept an email where the attachment is a PDF download which looks exactly like a postal statement. International equivalents will always be acceptable for these cases.
Copies of these documents are acceptable, as long as they’ve been certified by an appropriate person, such as a solicitor or notary or a bank or building society official.
Please note – Certain bank accounts, including any opened and registered before 1989, may fail our checks, so we may request further evidence. Sending this evidence upfront will allow us to progress the application.
When we need to carry out AML checks for individuals, we’ll aim to do this electronically. However, we’ll request additional proof of identity if:
It’s important to note that the reality of meeting our regulatory requirements means we’re likely to be asking for additional evidence on a regular basis.
If the client or any connected parties don’t want us to carry out an electronic check, they’ll need to provide evidence with the application form.
If they opt out of us completing an electronic check, they’ll need to send us two documents confirming their identity, such as a passport or driving licence and a recent utility bill, along with the completed application form.
As per our current process, we’ll start to process the application, but we won’t apply the money until we receive the evidence we need.