Money laundering control for the real estate industry

Signicat AML Self-declaration is integrated directly in your existing real estate system. The solution currently supports Vitec Next, and integrations with other real estate systems are planned. No development or installation work is required to get started with the solution.

The solution supports all aspects of a real estate agent's measures related to thorough collection of customer information in order to perform risk assessment. In addition, the solution also provides a practical and mobile friendly way to complete customer control for the customer. The self-declaration is signed with BankID, and contains updated information retrieved directly from digital data sources such as sanction lists, PEP lists and the National Population Register. The broker receives a time stamped paper proofing the collection.

Once the entire workflow is integrated into the selected real estate system, you do not need any additional software or logins to other systems to send out and follow up. With the information already entered on the assignment, an AML Self-Declaration is automatically created for each buyer / seller. The status of the AML Self-Declaration process is comfortably followed in the broker system and you can easily send a reminder if necessary. Upon process completion, the information from the self-Declaration and the AML report is automatically uploaded directly to the assignment in the real estate system.

• BankID AML makes the job easier for companies that are required to report under the Anti-Money Laundering Act
• The customer is digitally and efficiently identified with BankID
• Information necessary for customer control of private customers is obtained automatically, including searches against PEP and sanction lists
• Possible to include residential address, citizenship and place of birth from the National Population Register
• Sealed and time-stamped documentation proving that the information obtained is stored in Vitec.