AML/CFT Managed KYC And Customer Due Diligence Services
KYC and CDD Services
AML Bahrain offers managed KYC and customer due diligence services, to assist you in the smooth customer onboarding process while remaining compliant with AML/CFT requirements in a cost-effective way.
Generally, it has been observed that the businesses in Bahrain find it difficult to employ a skilled AML professional to carry out their KYC and CDD processes. Inefficiencies around the customer onboarding process make the entire AML/CFT compliance function ineffective.
Generally, it has been observed that the businesses in Bahrain find it difficult to employ a skilled AML professional to carry out their KYC and CDD processes. Inefficiencies around the customer onboarding process make the entire AML/CFT compliance function ineffective.
Embracing change.
Engage us to develop the best AML Policy Manual for your AML/CFT Compliance in Bahrain
The managed KYC and CDD services would make your customer onboarding very smooth and ensure your company is fully compliant with AML/CFT regulations, while allowing you to focus on your core business functions. With our result-oriented approach towards managing your customer’s KYC and Customer Due Diligence, your company can taste the following advantages:
Lower the cost of AML compliance and deliver an improved customer onboarding experience
Stay compliant all the time with ever-changing AML compliance laws and regulations and reduce the overall risk associated with the business
Free up resources to focus more on the critical business functions
Identify potential preston associated with the customer well in advance
wisdom.Expertise. Foresight.
AML/CFT frameworks can get your business risk-free
KYC and CDD Managed Service Methodology
Issuance of Customer Onboarding Kit
Data Acquisition on secured and shared cloud-based repository
Data Processing by qualified AML consultants
Client communication for deficiency in data
Name Screening, Due Diligence, Enhanced Due Diligence
Risk Assessment
Data Review by QC team
Remedial Measures (SAR/STR/FFR/PNMR/Client Rejection)
Customer Onboarding Completion
Managed KYC and CDD Services
- Customer identification program
- Customer due diligence (CDD)
- Ultimate Beneficial Owner Identification
- Enhanced due diligence (EDD)
- Risk assessment
- Adverse media screening
- Dealing with Politically exposed person
- KYC remediation and renewals
- Alert investigations
- Customizable due diligence reports
- Data auditing, cleansing, and validation
trust. transparency. Professional expertise.
Comply with AML and sanctions regulations with our team of highly qualified AML professionals
Key Differentiators
- Process Efficiency : We use the international standard KYC and CDD processes which enhance compliance and efficiency and reduce the non-compliance risk.
- Improved Customer Experience : We provide a consistent and improved customer experience when it comes to customer onboarding. We leverage the power of automation and ensure a quick and hassle-free onboarding.
- Experience : We possess significant experience in providing managed KYC and CDD Services for DPMS, TCSP, Accountants, Auditors, Real Estate Agents, Lawyers, and Notaries.
- Knowledge : AML Bahrain possesses premium know-how in KYC, Screening, Standard Due Diligence, Enhanced Due Diligence, Risk Assessment, PEPs, UBO, Adverse Media Screening, Sanctions, and overall AML Compliance requirements.
- High-quality Service : We are committed to providing a high-quality service with significant cost savings.
- Screening Software : We use state-of-the-art Name Screening Software to check with the Bahrain local terrorist list, UNSC list, and other sanctions lists as per the customer requirement.
- Minimize Operational Risks : Leverage a standardized work methodology to manage and exchange KYC and CDD information.
Key Differentiators
- Process Efficiency : We use the international standard KYC and CDD processes which enhance compliance and efficiency and reduce the non-compliance risk.
- Improved Customer Experience : We provide a consistent and improved customer experience when it comes to customer onboarding. We leverage the power of automation and ensure a quick and hassle-free onboarding.
- Improved Customer Experience : We provide a consistent and improved customer experience when it comes to customer onboarding. We leverage the power of automation and ensure a quick and hassle-free onboarding.
- Experience : We possess significant experience in providing managed KYC and CDD Services for DPMS, TCSP, Accountants, Auditors, Real Estate Agents, Lawyers, and Notaries.
- Knowledge : AML UAE possesses premium know-how in KYC, Screening, Standard Due Diligence, Enhanced Due Diligence, Risk Assessment, PEPs, UBO, Adverse Media Screening, Sanctions, and overall AML Compliance requirements.
- High-quality Service : We are committed to providing a high-quality service with significant cost savings.
- Screening Software : We use state-of-the-art Name Screening Software to check with the UAE local terrorist list, UNSC list, and other sanctions lists as per the customer requirement.
- Minimize Operational Risks : Leverage a standardized work methodology to manage and exchange KYC and CDD information.