Onboarding
- What is "Know Your Customer" (KYC)?
- Why does TrueLayer ask for a Director's date of birth (DOB) and address?
- Why does TrueLayer need a Shareholding chart for the entity?
- Why does TrueLayer require an AML policy?
- What are some examples of acceptable sources of wealth for a corporate entity?
- What is TrueLayer's procedure for Source of Funds (SoF) and Source of Wealth (SoW)?
- Why does TrueLayer ask for a source of funds at the beginning of the business relationship?
- What are the consequences if I fail to complete the Periodic Review survey?
- What is the typical timeframe for completing the onboarding process?
- What documents will I need to provide during onboarding?
- How will I be kept updated on the progress of my application?
- Who can I contact if I have questions during the onboarding process?
- What fields are required in the application?
- Is an AML audit required?
- Is an AML walkthrough call required?
- Guidelines to note when filling out the Maxsight application forms