It's AML / CFT Time!
Internal Affairs have been cracking down making sure businesses are receiving the required AML and we need your help!
If this is all new to you and you’re wondering “What is AML/CFT?” short answer is that AML/CFT is an acronym that is short for Anti-Money Laundering and Countering the Financing of Terrorism.
Now, we are not saying we suspect you of Terrorism or Money Laundering, but we are dictated to by the legislation to gather this information as we need it to meet the requirements for AML/CFT. This includes your driver's license or passport that clearly shows your name, photo, and the expiry date as well a utility bill. This can also be a bank statement.
If you are yet to complete it in full or we need to update your previous AML documentation you will soon be hearing from Kerry or Sam advising what is required.
We understand this is a burden and we hate doing it as much as you do. However it has to be done so to make it easier we are holding special AML mornings for the next few weeks. AML mornings will be held on a Wednesday between 09:30 and 12:30. This is your chance to say hello, provide the necessary documentation and receive a special Whutuporo treat in return. It is also a good opportunity to talk to any of the team and have an informal chat.
If this is not the convincing enough, you are more than welcome to do it in the comfort of your home. All you have to do is snap a picture of your ID and utility bill, better yet you can scan through a copy to us, and we will sort it from there.
If you do not comply with the required AML/CFT then our lovely team will have to make some tough decisions that we do not want to do.
Please keep in mind, we do not want to add more jobs to your list, we are legally required to gather this information from you. The legislation imposes this requirement upon us just like it does for lawyers, real estate agents and the banks.
If this is all new to you and you’re wondering “What is AML/CFT?” short answer is that AML/CFT is an acronym that is short for Anti-Money Laundering and Countering the Financing of Terrorism.
Now, we are not saying we suspect you of Terrorism or Money Laundering, but we are dictated to by the legislation to gather this information as we need it to meet the requirements for AML/CFT. This includes your driver's license or passport that clearly shows your name, photo, and the expiry date as well a utility bill. This can also be a bank statement.
If you are yet to complete it in full or we need to update your previous AML documentation you will soon be hearing from Kerry or Sam advising what is required.
We understand this is a burden and we hate doing it as much as you do. However it has to be done so to make it easier we are holding special AML mornings for the next few weeks. AML mornings will be held on a Wednesday between 09:30 and 12:30. This is your chance to say hello, provide the necessary documentation and receive a special Whutuporo treat in return. It is also a good opportunity to talk to any of the team and have an informal chat.
If this is not the convincing enough, you are more than welcome to do it in the comfort of your home. All you have to do is snap a picture of your ID and utility bill, better yet you can scan through a copy to us, and we will sort it from there.
If you do not comply with the required AML/CFT then our lovely team will have to make some tough decisions that we do not want to do.
Please keep in mind, we do not want to add more jobs to your list, we are legally required to gather this information from you. The legislation imposes this requirement upon us just like it does for lawyers, real estate agents and the banks.
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