Imperial Trust Group is committed to preventing money laundering, terrorist financing, fraud, and other financial crimes.
Customer Identification
Every customer must successfully complete identity verification before accessing banking services.
Verification may include:
- Government-issued ID
- Passport
- Driver’s License
- Proof of Address
- Selfie Verification
- Business Registration Documents (for companies)
Customer Due Diligence
We verify:
- Identity
- Address
- Source of funds
- Nature of business
- Beneficial ownership
Additional Enhanced Due Diligence (EDD) may be required for high-risk customers.
Ongoing Monitoring
We continuously monitor:
- Transactions
- Account activity
- International transfers
- Suspicious patterns
Transactions may be delayed or rejected if further verification is required.
Sanctions Screening
Customers are screened against applicable sanctions and watchlists.
Accounts associated with sanctioned individuals or entities may be restricted or closed.
Reporting
Where required by law, suspicious transactions may be reported to the relevant authorities.
Record Keeping
Customer records and verification documents are securely retained in accordance with applicable legal and regulatory requirements.
Customer Responsibilities
Customers agree to:
- Provide accurate information
- Update personal information
- Cooperate during compliance reviews
- Respond promptly to verification requests
Failure to comply may result in account suspension.
Policy Updates
This policy may be updated periodically to reflect regulatory changes.
Contact
For AML/KYC questions, contact our Compliance Department.