ASSISTANCE IN PASSING COMPLIANCE FOR OPENING AN ACCOUNT AND / OR ESTABLISHING BUSINESS RELATIONS WITH A NEW PARTNER
Compliance is a check, which is an important stage in starting a business relationship with a new counterparty, as well as starting the procedure for opening an account. It is also worth mentioning that all potential and often existing bank customers are forced to go through compliance check. Compliance is a thorough bank control, which is carried out by a special department in the bank and is aimed at determining the client's compliance with the requirements of financial and other legislation.
Especially often, potential clients of banks may face the following problems:
- refusal to open an account;
- sudden account blocking;
- bank's request for missing documents.
Once compliance problems arise, bank may initiate an additional audit of the company. Therefore, this procedure should be treated with maximum responsibility even at initial stage and entrusted to skilled specialists.
OUR COMPANY PROVIDES A FULL SET OF SERVICES THAT ALLOWS TO SIMPLIFY AND ACCELERATE THE COMPLIANCE PROCEDURE
- analysis of client's situation and the reasons to undergo the compliance procedure;
- review of documentation and financial statements;
- search, request and restoration of insufficient documentation;
- creation of a detailed transaction report if requested by the compliance officer;
- creation of a website for banking compliance, which will contain the necessary information for financial regulators;
- representation of the client's interests and support during negotiations with the bank;
- compliance officer interview training.