What is Background Check?
You can add a "Background Check" field in your form to scan through thousands of national and international listings for individuals who are sanctioned or suspected of money laundering, as well as for Politically Exposed Persons (PEPs). This enables you to identify potential matches with the identification details of your prospective clients or suppliers, ensuring a more secure and compliant process.
The Background Check step is commonly used in KYC/KYB (Know Your Customer/Business) processes to verify the legitimacy of business relationships.
Advantages of Background Check
Also known as screening, Background Check is a vital compliance tool for businesses:
It is a required practice enforced by regulatory authorities to combat money laundering and terrorism financing.
It assists companies in safeguarding their reputation and integrity.
Automating this process can save a substantial amount of time.
It can be configured as an ongoing process, basing the frequency on the risk level of the business relationship.
How to Enable Background Check in my Template?
Remember: This is an internal field and, just like the other internal fields, it won't be visible to your recipient.
2️⃣ If you wish, you can automate the search by selecting "Add."
3️⃣ Next, define the "Type of Search" based on whether you're checking the name of an "individual" or a "company".
4️⃣ Finally, choose the "name of the person/entity" field and the "date of birth" field for an individual, or the "date of registration" field for a company.
Click on "Save" and you're all set.
5️⃣ (Optional) You can add new "Background Check" fields if you want to check multiple individual names or company names in the same process.
6️⃣ Your template is now configured, and you can start launching your processes ✅
Now, how do I handle the Background Check?
1️⃣ Once you've gathered the recipient's data, click on "Run Background Check" to review the found results.
2️⃣ What can you do on the results screen?
Select each of the results to view more details (in this example, we've got 3 results).
"Save" the result as a record or proof for potential audits.
You can also "Modify search" if the recipient has submitted incorrect data and you wish to correct it manually.
Si no hay coincidencias, la búsqueda se guardará de igual modo en el parallel para que puedas justificar que realizaste esta práctica. No es necesario que hagas nada más.
3️⃣ En este ejemplo, hemos guardado el 1er resultado. Tanto desde el panel de revisión del parallel, como desde el perfil almacenado, podrás acceder a este registro siempre que quieras y ver de nuevo las apariciones del sujeto en los listados comprobados.
Preguntas frecuentes
¿Cómo se realizan las comprobaciones?
Automáticamente, aunque también te ofrecemos la posibilidad de introducir los datos que desees verificar manualmente.
¿Cada cuánto tiempo se actualizan los listados consultados?
Los perfiles PEP se actualizan diariamente y los listados de sanciones se actualizan cada 30 minutos.
¿Qué listados nacionales e internacionales se comprueban?
Entre las listas más reconocidas y consultadas, encontrarás:
OFAC (Office of Foreign Assets Control)
UN (United Nations Sanction List)
CFSP (Common Foreign and Security Policy)
SECO (State Secretariat for Economic Affairs
HMT (Her Majesty's Treasury)
EU (European Union Consolidated Financial Sanctions List)
DFAT (Australia's Department of Foreign Affairs and Trade)
FATF (Financial Action Task Force)
INTERPOL (International Criminal Police Organization)
¿Puedo añadir un listado específico para ejecutar estas búsquedas automáticas?
Ponemos a tu disposición los listados globales más importantes en la lucha contra el blanqueo de capitales (OFAC, UN, HMT, EU, DFAT, FATF, entre otras). Puedes reservar una videollamada con nuestro equipo de customer success para valorar tus necesidades particulares. Reserva aquí una videollamada.