Compliance Process
Our KYC & AML Verification Process
A transparent, step-by-step approach to verification and compliance support — from collecting customer information through to reporting and ongoing monitoring.
- 1
Step 1 — Customer Information
Collect the required customer information and documentation for the relationship or transaction being assessed.
- 2
Step 2 — Identity & Document Verification
Review submitted identification and supporting documents through automated analysis, consistency checks and expert review where needed.
- 3
Step 3 — Business & Corporate Verification
Verify relevant company information, registration records, directors and corporate documentation where the customer is a business.
- 4
Step 4 — UBO Identification
Identify ultimate beneficial ownership and control, tracing ownership through corporate layers where required.
- 5
Step 5 — Risk Screening
Where applicable, conduct PEP and sanctions screening of the customer and related parties.
- 6
Step 6 — CDD / EDD Assessment
Apply appropriate customer due-diligence measures based on the assessed risk of the relationship.
- 7
Step 7 — Source of Funds / Wealth
Where required, review supporting information concerning the source of funds and/or source of wealth.
- 8
Step 8 — Transaction Review
Where applicable, assess transaction activity against the customer's known profile and expected activity.
- 9
Step 9 — Compliance Report
Provide the appropriate verification and compliance-support output, with methods and limitations clearly stated.
- 10
Step 10 — Ongoing Monitoring
Where the service arrangement supports it, conduct ongoing screening or monitoring across the life of the relationship.
GlobalDoc Verify provides document verification, identity verification, screening and compliance-support services. Our services are designed to assist organisations with verification and risk-management processes and do not constitute legal, financial or regulatory advice unless expressly stated. Regulatory requirements vary by jurisdiction, institution, customer risk profile and transaction type. Completion of a verification process does not guarantee account opening, transaction approval, regulatory approval or acceptance by a bank, financial institution or other third party.
Explore our KYC, AML and compliance services, read the compliance glossary, or browse the FAQ hub.
Start a Verification Enquiry
Tell us about your requirements and our verification team will outline the process and documentation needed.