Accelerating KYC Onboarding Journey for Property Firms
Since the introduction of the 4th Money Laundering Directive, property firms are legally required to perform Anti-Money Laundering (AML) checks on both the buyers and sellers in property transactions. The level of due diligence that is now required has significantly increased the administrative burden for the agents. AML checks can be complex and time-consuming and can significantly impact the client onboarding process.
Who We Help
NorthRow is a trusted technology partner for the UK’s leading Estate and Letting agents, Flexible Office Providers and PropTech firms, accelerating their client onboarding and monitoring processes by automating Anti-Money Laundering (AML), Right to Rent and ID Verification checks.
Automating AML Compliance
NorthRow’s provides real-time data lookups on people and companies, ID documents. You simply input the customer’s details on a NorthRow online form and upload all relevant ID documents. NorthRow can then check multiple identity documents including Passports, biometric residence permits (BRPs), and National ID cards.
Accessing High-Quality Data
With access to one of the largest databases of screening information available in the UK, NorthRow’s technology can perform comprehensive identity verification checks on buyers & sellers, tenants, landlords, companies and all relevant ID documents in a matter of seconds.
Key Benefits
Key Client Include
Case Studies
Canopy Case Study
NorthRow helps Canopy to carry out automated AML, Right to Rent and ID documents checks on both renters and landlords, to ensure an efficient and robust process.
Leading Estate Agent Case Study
NorthRow works with one of the UK’s leading Estate Agents to help automate AML and Right to Rent checks, streamlining the client onboarding process whilst helping to ensure compliance.