High value dealers
AML compliance for high value dealers
Mitigate the threat of financial crime and terrorist financing with a digital solution designed to detect any adverse risks.
How NorthRow helps high value dealers
KYC, KYB and due diligence for HIGH VALUE DEALERS
Businesses that deal in goods and accept cash, equivalent to €10,000 or more in any currency, may be considered a High Value Dealer (HVD) and subject to compliance regulation. HVDs must ensure robust anti-money laundering procedures to protect themselves against the threat of bad actors and risk of prosecution. Remove the challenge of time-consuming and inaccurate manual processes with an automated solution that streamlines AML compliance.
KYC for high value dealers
Know your customer identification
Reduce time to onboarding from weeks to minutes with real-time digital identity verification as well as full KYC, KYB and UBO screening through a dedicated platform for high value clients.
KYB for high value dealers
Know your business verification
We help high value dealers meet their ongoing KYB and AML obligations. Screen and identify financial and shareholder information, as well as UBO details for the most complex corporate structures against our extensive multi-jurisdictional PEPs, sanctions and adverse media lists.
Due diligence for high value dealers
Screening and enhanced due diligence
Reduce your risk exposure and maintain an up-to-date risk profile of every buyer to make compliance easier. Identify beneficial owners, PEPs, sanctioned individuals and cases of adverse media from one single, easy-to-use platform.
"...there has been a positive change towards client onboarding. We have seen a significant improvement from a cost and time perspective. "
Deputy Money Laundering Officer
500k+ worldwide users
173 active countries
The easiest way for high value dealers to meet their AML requirements is to use WorkStation for digital client verification and ongoing monitoring.
WorkStation verifies, screens, manages the results, monitors and provides a record of all transactions for audit purposes. As a single platform it delivers all your KYC, KYB and ongoing monitoring in an intuitive end-to-end solution.