"Diligence is the mother of good fortune." - Benjamin Disraeli
This quote emphasises the connection between hard work, thoroughness (diligence), and achieving positive outcomes. In the context of Know Your Client (KYC) and Client Due Diligence, it suggests that careful research and investigation are essential for making informed decisions and minimising risk.
Pre-onboarding
Before we can book an initial consultation, we are required to pre-onboard our prospective clients. We set out below a brief table of the usual checks.
We appreciate your cooperation and understanding.
| check | what is it | reason | how | time |
| Identification and verification |
| It is a legal and regulatory requirement. |
| This only takes - minutes. |
| Source of Funds |
| It is a regulatory requirement to ascertain how you will fund your matter, and to ascertain the original source of your funding. | This is initially done via secure app link via your phone or certified copies from the sources of your funds. |
|
| Pre-Onboarding questionnaire | Finally, we'll ask you to complete a questionnaire, this is to find out more about you and your needs. | It is a legal and regulatory requirement. |
|
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Your Responses
Depending on your responses we may ask for more information and documentation.
Payment: Initial Fixed Fee Appointment
- Your fixed fee initial appointment is paid in advance via our secure card payment app - this makes payment easy and secure.
- After funds have been received we will contact you to schedule your in-person appointment.
Do I need to bring anything to the Initial Fixed Fee Consultation?
your original passport and original driving licence.
- If we require any further documents we will let you know before the initial fixed fee appointment.
Are Fixed Fee Appointments in Person?
- Yes, initial fixed fee appointments are in-person.
Voluntary nature of Pre-Onboarding Process
- We seek your voluntary co-operation to enable us to comply with our legal and regulatory obligations.
- You will find that an increasing number of professions are requiring compliance checks and documentation. These include estate agents, conveyancers, accountants, banks, financial institutions, casinos, company formation agencies and others
- If you not to comply with our requests for information and documentation, if we feel uncomfortable, or if we do not feel your matter is within our risk appetite, then we will not be able to proceed with on-boarding you as a client.
Is there a Charge for these Required Checks
- Yes, we are allowed to charge for these compliance checks.
- Please see our the individual fees page for further information about these Administrative Fees.
- Please note that Compliance check Administrative Fees are in addition to the fixed fee or hourly rate.
- Administrative Fees are subject to vat which is currently 20%.
Ongoing Monitoring
- We are required to update the client due diligence regularly. So if there are any material changes in your circumstances you are required to inform us of the change immediately, We may also during the course of your matter ask you for information and documentation.
- If you fail to provide this information and documentation, then we will not be able to continue to undertake work for you and the retainer will cease. We will bill you for the work we have untaken. You will need to find alternative provider who is likely to ask you for the information that we requested.
Book your appointment today!
Contact Us
See our Privacy Page
See our Client Due Diligence Page
See our Pre-onboarding Page
See our Fees Overview Page
Call Us: 020 4578 4684
Get in Touch at Any Time
Do not hesitate to contact us with any queries.
Alexander Christian
Harrow Business Centre
429-433 Pinner Road
North Harrow
Middlesex
Greater London
HA1 4HN
Phone : 020 4578 4684
www.alexanderchristian.co.uk