AML Only

When you choose AML Only, you can:

• Use NZBN to search for your client’s details, or enter clients manually.
• Enter the person you are dealing with, called the Main Contact.
• Choose if the Main Contact is becoming an individual customer themselves, or only acting on behalf of the customer.
• Once you’ve completed the first page (AML Customer List), you go straight to the AML Customer Due Diligence page.
• Complete the AML CDD screen to show Beneficial Owners, plus record AML CDD information on your client.
• Select how each person will be ID Verified, and then Proceed to IDV.
• After proceeding, use the AML Management screen to show information and carry out CDD actions. This is during the AML In Progress status.
• Once all IDVs are done, the status will change to AML Pending.
• Click CDD Complete when all your due diligence is done to move to Complete and now you can provide AML in scope services.