A law called the Anti-Money Laundering and Countering Financing of terrorism Act 2009 has been pased to counter the impact that criminal activity has on people and economies within the global community.
Wanganui Finance must comply with its requirements and obtain and verify information from prospective and existing clients about a range of hings. This is part of the "Customer Due Diligence".
Customer Due Diligence Requirements
This requires Wanganui Finance to undertake certain background checks before providing a loan to clients. We must take reasonable steps to make sure this information is correct, and so we ask clients to provide this.
We need to obtain and verify certain information from you to meet these requirements which includes:
- Your full name
- Your Date of Birth
- Your address
To confirm these details, we will as you for documents such as your driver's license, password or birth certificate. We will also ask for a current bank statement or utilities bill to prove your address.
If we are unable to obtain the required information from you, we are unlikely to be able to provide you with a lending facility.