When we raise an AML Request for Information (RFI), the information requested will usually relate to the underlying end user. The exact requirements depend on the alert type and the specific circumstances of the case.
Below is an overview of the information most commonly requested.
Transaction monitoring - offline
For general transaction monitoring investigations where no transactions are currently stopped, we may request:
Source of funds or source of wealth, for example external account statements or tax returns
Purpose of the payment(s), including supporting documents such as invoices
Nature of business, including a description and any relevant websites
KYC files and related due diligence information
Transaction history, for example an internal account statement from your system
Transaction monitoring - online
Where a transaction is on hold due to an internal watchlist match, we may request:
Date of birth
Source of funds or source of wealth, for example external account statements or tax returns
Purpose of the payment(s), including supporting documents such as invoices
Transaction history, for example an internal account statement from your system
Sanctions screening
Where a transaction or person is on hold due to sanctions, territory or watchword screening, we may request:
Date of birth
Full legal name
Nationality
Company ownership details
Nature of business
Full address
Providing complete and accurate information at the outset helps us review the case efficiently and reduce any disruption to your services.