An Anti-Money Laundering (AML) check is an identity assessment to ensure all investors are who they claim to be, and are not investing on behalf of somebody else. In most cases these checks will be completed in the background using electoral data.
However, if you are making your first investment through Crowdcube we may require a copy of two documents, one to confirm your identity and one to confirm your address. We will send you an email asking for these, which includes details on what kind of documents we can accept, and a link to upload these.
Please note if we are unable to verify your identity as an investor, we will not be able to process your investment and it may be cancelled as a result. Once your identity has been verified we will contact you once a year to re-confirm documents.
Under the regulations set by the Comisión Nacional del Mercado de Valores, Crowdcube is required to provide appropriate identity evidence for investors when transactions take place. This is to prove that all investors seeking to invest in a business via Crowdcube are who they say they are, no matter how small or large the investment.
Who are Crowdcube’s document verification provider?