AML-How to pass?

HOW TO PASS THE GOVERNMENT’S ANTI MONEY LAUNDERING (AML) LAWS

Why it’s in our client’s interests that we only work with clients who are happy to use the FSA regulated Checkboard to reduce their risk of fraudulent attacks

Because we want to reduce your risk of criminal attack (and thereby, you risking losing the hundreds of thousands of pounds involved in your property transaction). For this reason, we now only work with clients who are happy to use the Financial Services Authority regulated “Checkboard” app, which uses government backed secure banking technology to reduce your risk to fraud and financial loss.

How to protect your money and property against fraudsters.

Criminal gangs

To mitigate the high risk of criminal gangs stealing billions of pounds from UK buyers and sellers, the government mandates all clients to comply with the Anti-Money Laundering Regulations. This is a legal obligation under UK law, known as passing AML. The consequences of failure to pass AML include a £1400 fine and a term of imprisonment.

For clients of AVRillo LLP: 

Don’t be alarmed – we’ve simplified and made this far safer than clients sending personal documents and bank statements by email or post. Instead, we’ve partnered up with Checkboard. Not only FCA approved but one of the best secure AML companies in the UK. They help our clients and keep cyber criminals and fraudsters from your money. 

How quickly do you need to pass AML?

Now really. You should pass AML on the same day as you instruct. Many legal firms require clients to pass AML before they even start work. We’ve extended this to within 48 hours for your ease, but you should do it now. However, to protect you, we cannot do any substantive work until you pass, and your file will be closed on the 5th day to protect you from cyber and fraud attacks, the most prevalent crimes in the UK, costing innocent clients hundreds of thousands lost to each client and billions across the board annually.

How Quick is Checkboard?

Exceptionally fast. With Checkboard, you can comply with AML in minutes, compared to weeks, using riskier paper or email methods.

What do you need to do now?

  1. Open the SMS from the Checkboard and press the secure link. Please don’t delete this SMS, as it contains your secure login details for the Checkboard secure app.
  2. Once in the secure environment of the app, follow the step-by-step process that comes up. It only takes a few minutes to complete, and all can be done without sending copies of passports, driving licences, or bank statements, which can be forged quickly.

Watch these brief instructional videos

For iPhone: [https://youtu.be/UyUs1KijzF4] 

For Android: [https://youtu.be/b79yc0CeCNE]

How Safe is Checkboard?

Extremely safe. It is far more secure than when lawyers ask for bank statements and documents on paper or by email. Instead, Checkboard uses the ‘True Layer’ banking system, which is used by 76 of the largest 78 banks in England and Wales. The app also uses biometric imaging similar to that used by the passport office.

Click the link below to understand Checkboard’s security measures: [https://avrillo.co.uk/aml-checkboard/]

What You Need to Do to Pass? 

It’s all explained in the Checkboard app, but essentially:

For Sales: Prove your identity to stop fraudsters

Have your passport and a utility bill or council tax bill ready. You’ll be prompted to take screenshot photos of these and capture a photo and video of your face using the secure biometric process.

For Purchases: Proof your ID and Source of Funds. 

The government requires proof that you have accumulated your purchase money legitimately (called ‘source of funds’). Checkboard uses the banking and government-sanctioned ‘True Layer’ system, which 76 of the 78 major UK banks use. This securely searches the bank(s) where you keep the money you will use to buy your property. It checks behind the scenes in the secure banking system. This is far safer than sending bank statements and other documents by email or post, which fraudsters can easily intercept and forge within minutes. 

Need Help?

If you get stuck, call the Checkboard experts on 020 4566 8106.

NEXT STEPS & FAQ

Just 5 to 10 minutes to go through Checkboard

Just 5 to 10 minutes for you to go through the FSA regulated Checkboard steps. Once we receive their report it should take 5 working days for our AML anti laundering compliance team to assess if your Checkboard information passes the AML government requirements.

Those lawyers (not us) still accepting paper documents can take months to help you pass your AML government obligations; thereby delaying your case as well as increasing your risk of loss into the hundreds of thousands.  We would rather not act for you if you want to take that risk, than exposing you to the risk of paper documents which criminal gangs can forge in minutes. I hope you understand.  

Steps & Conditions to use Checkboard?

Steps and Conditions to use Checkboard  

Step 1. I must only use the mobile number I set out in my instruction form. I understand; for security purposes, no other mobile will work.

Step 2. I must live in the UK, and my money must be in a UK bank account.

Step 3. I will press the link Checkboard text to download their app from the Google Play Store or the Apple Store. If I am selling and buying, I will press both Checkboard links: the first on their sale text to me; the second on the purchase text they send.

Step 4. I will prove my ID and address by using the app to: 4.1) take a selfie, 4.2) a video of myself, 4.3) upload (i) my bank statement from where my money will be transferred in and out for my transaction; (ii) my passport (signature & photo page), (iii) my driving licence (only if I have one). 

Step 5. If I am buying, I will click here to check that my bank is in the top 78 banks that use the government bank Open banking technology, which integrates with Checkboard. 

Step 6. On a sale, I must upload supplementary documents, if I:

6.1  If I don’t live at the sale property

6.2. If I sell as an Executor (Personal Representative)

6.3.  If I sell under a Power of Attorney (e.g., the seller is without full mental capacity)

5 day deadline to pass AML

Ideally, the day you instruct your lawyer or within a maximum 5 extra working days.

On the 6th day your file must be closed if you don’t pass, to protect you against fraud, a risk of a up to a £10,000 fine and 14 years imprisonment. 

Do I have a choice?

Do you have a choice? 

You can use another conveyancer who may be prepared to add additional risk of loss to their clients donors of a gift of money to the client. But not with us. Our policy is our need to try our best to help clients reduce their risk of loss by adding steps to improve protection against money laundering fraud and cybercrime by only accepting clients who are happy to use their third-particleboard secure app used to reduce the client and Donor risk of loss. For those clients and their Donors wanting to take a higher risk of fraud attack, they can still choose a lawyer who is prepared to allow their client to send paper or online documents putting them at additional risk of money laundering fraud attack, as well identity theft and at risk of losing the hundreds of thousands of pounds involved in the client’s purchase.

Our clients added security is why we now only use the Financial Conduct Authority (FCA), regulated Checkboard app, using the government-backed Open Source banking technology to help us more safely look after your data and money. 

14 year’s imprisonment & £10,000 penalty

Criminal offence – imprisonment term

Amount of Money Ordered to be Paid Maximum Term for Proceeds of Crime Act    Sentencing
£10,000 or less   6 months
More than £10,000 but no more than £500,000   5 years
More than £500,000 but no more than £1 million   7 years
More than £1 million   14 year

 

Is Checkboard safer than paper?

IS CHECKBOARD SAFER THAN PAPER? 

Yes. The Checkboard app is more secure than sending documents because:

1) Checkboard is regulated by the Financial Conduct Authority (FCA),

2) Checkboard uses biometric software (similar to the passport office),

3) Checkboard uses the government-backed Open Banking technology, and

4) Checkboard has integrated with the top 78 banks (via the banks’ “true layer” system). 

 

In contrast, lawyers who still allow clients to send paper documents put them at a higher risk of fraud attacks because they can be forged in minutes, whether sent by email or post. That’s why we now only work with clients happy to use the Checkboard app, which uses the secure government-backed open-source banking technology, ‘True Layer”.

Is my bank on the list (buyer only)

For your added protection and reassurance.

Note 1. AVRillo will regrettably not be able to work for you if you cannot use the FSA regulated Checkboard app. That’s because without Checkboard, you you have more risk as you don’t have the protection of the government and FCA (Financial Conduct Authority) approved Open Banking Technology, ‘True Layer.’ By using Checkboard, you benefit from these additional regulated, more stringent standards that keep your data safer with reduced risk of your data, identity and money being stolen. 

Why is Checkboard seen as more secure for clients? 

Because you don’t get the same Checkboard level of protection where you post or email your passport, driving licence, utility bill and bank statements to a lawyer who is prepared to give you this additional risk, that’s because documents have been known forged within 15 minutes by criminal gangs.

CHECKBOARD STEP BY STEP GUIDE TO PASSING AML

Sale AML check - How do I pass?

Email: Tap the grey box to enter your email. You can tap outside the box or press done to confirm the email address

Step 1: Tap in the box

Step 2: Enter your email address

Step 3: Save by tapping update

 

ID: Ensure you have the original in-date passport or driving licence before starting this check

Step 1: Make sure you can scan the document on a neutral surface. This image, which sometimes includes the background, will be uploaded to your report

Step 2: Now that you are in a room with sufficient lighting and a neutral surface to place your document, let’s start scanning!

  1. select the issuing country of the ID you will be scanning

  2. next, select the correct issuing country. Please select the document type. I.e. Either passport or driving licence

Step 3:

  1. scan the ID, and make sure the whole page fits within the frame. You want to make sure the photo captured is not blurry, not glary and not cropped

  2. next, scan your face, ensure the room is bright and that your face fits within the frame

 

You don’t have a valid ID?

Regrettably, we won’t be able to carry out the checks without a valid ID. Please refer back to your solicitor or estate agent. They should be able to advise a different way to carry out the checks with the IDs you may have available.

 

Address

If you reside in the UK, follow the steps below

  • -Select UK in country

  • -enter the postcode

  • -select the address from the list of addresses

  • -select yes if this is a current address or no if it’s a previous address

If you don’t reside in the UK, follow the steps below

  • -tap on the country to select the correct country

  • -enter the address line 1

  • -enter the address line 2 (optional)

  • -enter the city

  • -enter the postcode or zipcode

  • -select yes if this is a current address or no if it’s a previous address

To add more addresses, please tap on add address and repeat the steps

 

 

Document upload: You can upload documents to provide further evidence for things such as proof of address, employment, source of funds, etc.

Follow the steps below if you need help with uploading your documents:

Step 1: Select the type of document you’d like to upload

Step 2: Select the source of the document. You have the camera option in case you want to take a picture of the document

Step 3: Select the document and upload it. Wait until the upload is completed

Step 4: You can upload more documents by tapping on Add more documents or if you’re happy with the document provided, you can press continue

 

 

Purchase AML - How do I pass?

Email: Tap the grey box to enter your email. You can tap outside the box or press done to confirm the email address

 

Step 1: Tap in the box

Step 2: Enter your email address

Step 3: Save by tapping update

ID: Ensure you have the original in-date passport or driving licence before starting this check

Step 1: Make sure you can scan the document on a neutral surface. This image which sometimes includes the background will be uploaded to your report

Step 2: Now that you are in a room with sufficient lighting and a neutral surface to place your document, let’s start scanning!

1.select the issuing country of the ID you will be scanning

2.next, select the correct issuing country. Please select the document type. I.e. Either passport or driving licence

Step 3:

1.scan the ID, and make sure the whole page fits within the frame. You want to make sure the photo captured is not blurry and not cropped

2.next, scan your face, ensure the room is bright and that your face fits within the frame

 

You don’t have a valid ID?

Regrettably, we won’t be able to carry out the checks without a valid ID. Please refer back to your solicitor or estate agent. They should be able to advise a different way to carry out the checks with the IDs you may have available.

 

Address

If you reside in the UK, follow the steps below

  • -Select UK in country

  • -enter the postcode

  • -select the address from the list of addresses

  • -select yes if this is a current address or no if it’s a previous address

If you don’t reside in the UK, follow the steps below

  • -tap on the country to select the correct country

  • -enter the address line 1

  • -enter the address line 2 (optional)

  • -enter the city

  • -enter the postcode or zipcode

  • -select yes if this is a current address or no if it’s a previous address

To add more addresses, please tap on add address and repeat the steps

Banking: Solicitors and law firms must understand where the money comes from when dealing with large amounts of money to prevent money laundering and fraud

Please follow this guide to connect your digital banking successfully.

 

Step 1: Search for your bank in the list

Step 2: Read the consent page and press allow if you agree with sharing your digital bank statement. Please note, this action will redirect you to your bank app to finalise the task

Step 3: Once successfully connected, you will see this success screen

 

What happens if your bank is not listed?

If this section is mandatory by your solicitor or agent, then you should communicate to them that your bank is not listed and ask for advice in regard to the next steps.

 

SOF (Source of funds)

There are many ways to complete the source of funds. For some digital banking is mandatory, in which case, please follow this article on how to connect to digital banking ➡️

Once digital banking is added, please follow the steps below to add the rest of your funds.

Bear in mind, if you are a buyer, you need to add up to the total of the property’s purchase price. If part of the funds is coming from a donor, you can use the option gift. If it’s coming from a co-buyer, you can add the rest to co-buyer funds.

 

Step 1: Tap on add more funds

Step 2: Select where the funds are coming from

Step 3: Keep adding them until you are able to provide a clear breakdown of where the total funds are coming from

 

You should repeat this step until all your ‘Confirmed funds’ match your ‘Funds required’.

SOW (Source of wealth)

Once digital banking is added, and you’ve added the breakdown of the funds. You will be prompted to complete the Source of Wealth screen.

In here you get to explain in a bit more detail how the funds were obtained.

 

Step 1: Tap on confirm my source of wealth

Step 2: tap on begin

Step 3: You can use the template provided as a guide on how to complete SOW for each of your SOFs

Remember to provide the source of wealth for all declared funds.

Document upload: You can upload documents to provide further evidence for things such as proof of address, employment, source of funds, etc.

Follow the steps below if you need help with uploading your documents:

 

Step 1: Select the type of document you’d like to upload

 

Step 2: Select the source of the document. You have the camera option in case you want to take a picture of the document

Step 3: Select the document and upload it. Wait until the upload is completed

Step 4: You can upload more documents by tapping on Add more documents or if you’re happy with the document provided, you can press continue

 

Donor AML - How does my donor pass?

Email: Tap the grey box to enter your email. You can tap outside the box or press done to confirm the email address

 

Step 1: Tap in the box

Step 2: Enter your email address

Step 3: Save by tapping update

 

ID: Ensure you have the original in-date passport or driving licence before starting this check

 

Step 1: Make sure you can scan the document on a neutral surface. This image which sometimes includes the background will be uploaded to your report

 

Step 2: Now that you are in a room with sufficient lighting and a neutral surface to place your document, let’s start scanning!

1.select the issuing country of the ID you will be scanning

2.next, select the correct issuing country. Please select the document type. I.e. Either passport or driving licence

 

Step 3:

  1. scan the ID, and make sure the whole page fits within the frame. You want to make sure the photo captured is not blurry and not cropped

  2. next, scan your face, ensure the room is bright and that your face fits within the frame

 

You don’t have a valid ID?

Regrettably, we won’t be able to carry out the checks without a valid ID. Please refer back to your solicitor or estate agent. They should be able to advise a different way to carry out the checks with the IDs you may have available.

 

Address

If you reside in the UK, follow the steps below

  • -Select UK in country

  • -enter the postcode

  • -select the address from the list of addresses

  • -select yes if this is a current address or no if it’s a previous address

If you don’t reside in the UK, follow the steps below

  • -tap on the country to select the correct country

  • -enter the address line 1

  • -enter the address line 2 (optional)

  • -enter the city

  • -enter the postcode or zipcode

  • -select yes if this is a current address or no if it’s a previous address

To add more addresses, please tap on add address and repeat the steps

 

Banking: Solicitors and law firms must understand where the money comes from when dealing with large amounts of money to prevent money laundering and fraud

Please follow this guide to connect your digital banking successfully.

 

Step 1: Search for your bank in the list

 

Step 2: Read the consent page and press allow if you’d like to complete this step. Please note, this action will redirect you to your bank app to finalise the task

 

Step 3: Once successfully connected, you will see this success screen

 

What happens if your bank is not listed?

If this section is mandatory by your solicitor or agent, then you should communicate to them that your bank is not listed and ask for advice in regard to the next steps.

 

SOF (Source of funds)

There are many ways to complete the source of funds. For some digital banking is mandatory, in which case, please follow this article on how to connect to digital banking ➡️

Once digital banking is added, please follow the steps below to add the rest of your funds.

 

Step 1: Tap on add more funds

Step 2: Select where the funds are coming from

Step 3: Keep adding them until you are able to provide a clear breakdown of where the total funds are coming from

 

SOW (Source of wealth)

Once digital banking is added, and you’ve added the breakdown of the funds. You will be prompted to complete the Source of Wealth screen.

In here you get to explain in a bit more detail how the funds were obtained.

 

Step 1: Tap on confirm my source of wealth

Step 2: tap on begin

Step 3: You can use the template provided as a guide on how to complete SOW for each of your SOFs

 

Remember to provide the source of wealth for all declared funds.

Document upload: You can upload documents to provide further evidence for things such as proof of address, employment, source of funds, etc.

 

Follow the steps below if you need help with uploading your documents:

Step 1: Select the type of document you’d like to upload

Step 2: Select the source of the document. You have the camera option in case you want to take a picture of the document

Step 3: Select the document and upload it. Wait until the upload is completed

Step 4: You can upload more documents by tapping on Add more documents or if you’re happy with the document provided, you can press continue

 

 

 

Where do I find my invitation link to start my check?

You can find the invitation link in two places

  1. In your text messages on the mobile number you’ve instructing your conveyancer on. 

  2. your email inbox.

Find below the sample examples of the checkboard invitation

Text message sample

  • You need to tap the link in blue that looks like https://vl.ink/**** to start your check. Please note this link is unique to you and you should not be sharing it with anyone.

Email invitation sample

  • You need to tap where it says ‘here’ in blue to start your check. Please note this link is unique to you and you should not be sharing it with anyone.

 

Why do I need to complete my check in the Checkboard app?

The law.

By law, all buyers and sellers must pass the government’s AML (Anti-money laundering) checks. This is to help stop fraud because of the millions of pounds exchanged between various parties.

A criminal offence can be committed carrying a sentence of up to 14 years imprisonment and a £10,000 fine if AML is not followed. 

If you are buying or selling, or both, you must: 

1. Pass your Identification and Address check.

At your normal residing address, e.g., to prove your identity has not been stolen. 

If you are buying only, in addition, you must: 

2). Prove your Source of Funds. 

By providing evidence of where your source of purchase funds originated from. 

How seriously do Checkboard  treat your data?

Very. For your peace of mind, we confirm that not only is Checkboard regulated by the Financial Conduct Authority (FCA) (the same regulator as high street banks), but Checkboard also use government-backed Open Banking technology. That’s how we ensure your financial data is handled safely and securely.

Our approach is to reduce your risk. 

Because paper bank statements are at risk of being forged by criminals who may intercept these, the Checkboard app offers government-backed Open Banking technology to access your statements digitally in minutes and in a secure way. Simply follow our steps when prompted by our app. 

Helpline? 

You shouldn’t get stuck, as Checkboard it’s an easy process, but if you do, use our help facility or call us 0204 566 8106.