Money Laundering Regulations – Proof of ID?

by Readers Question

8:44 AM, 21st May 2020
About 2 weeks ago

Money Laundering Regulations – Proof of ID?

Make Text Bigger
Money Laundering Regulations – Proof of ID?

Hi, I’m considering using a new letting agent and he’s asked for ID, including either a Driving License or Passport.

I’m not keen on going in to a Post Office to send them recorded delivery but vaguely remember when I sold a property a few years ago the agent could verify ID from my NI or passport number.

Anybody else experienced this.

Thanks.

Adrian



Comments

Neil Patterson

8:49 AM, 21st May 2020
About 2 weeks ago

Hi Adrian,

It depends if the agent has any kind of online AML checking system. We use Vistra who do all the background checks and we only need a scanned copy of documents. It's much more secure and detailed than just a tick box exercise to say you have seen an original.

Graham Bowcock

9:22 AM, 21st May 2020
About 2 weeks ago

The Post Office offer an ID verification system, which I have sued when using remote solicitors. You take your documents to the PO and the cashier stamps them and provides a form to say they are genuine. There is a cost to it, but it's reasonably straightforward.

https://www.postoffice.co.uk/identity/document-certification

Adrian Jones

10:06 AM, 21st May 2020
About 2 weeks ago

Reply to the comment left by Neil Patterson at 21/05/2020 - 08:49
Thanks Neil, I'll ask them.

Adrian Jones

10:07 AM, 21st May 2020
About A week ago

Reply to the comment left by Graham Bowcock at 21/05/2020 - 09:22
Thanks Graham. I'm not keen on using the Post Office at the moment.

Dylan Morris

10:24 AM, 21st May 2020
About A week ago

Reply to the comment left by Adrian Jones at 21/05/2020 - 10:07
Ask somebody to pop into the Post Office for you ?

Dave Driver

10:31 AM, 21st May 2020
About A week ago

I've been dealing with solicitors recently for remortgages and they were happy to take a scanned ID backed up by a video call of me and my ID. Easy and free.

Puzzler

10:49 AM, 23rd May 2020
About A week ago

Like Dave, I have dealt with both a purchase and remortgage recently and the solicitors have been satisfied with a scan of the documents and then a video call on WhatsApp or Zoom during which you show them the actual documents.

The first time was prior to the Covid situation, I was unable to go into their offices. This is clearly how things will go forward.

Puzzler

10:51 AM, 23rd May 2020
About A week ago

Reply to the comment left by Dylan Morris at 21/05/2020 - 10:24
How does that work? They have to see it's you!

Now is probably not a good time, they may not even be doing it - the video call is the best option

silversurfer2017

20:31 PM, 23rd May 2020
About A week ago

I recently sent my ID to an agent which was accepted without question by the agent. I scanned in my driving licence and my passport and saved the images as PDF's. Then I asked my wife to use my phone to take a picture of my head'face and in one hand I was holding my open passport and the other hand my photo driving licence. I sent the two PDF's and the jpeg photo which of course can be date verified. So not only do I send my ID but I prove I am the person who the ID belongs to.


Leave Comments

Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.

Forgotten your password?

OR

BECOME A MEMBER

4 students moving in 8th June?

The Landlords Union

Become a Member, it's FREE

Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agents

Learn More