At APS, we take the security and confidentiality of your data seriously. We take the steps to know who is using our service. We want you to feel safe and secure when sending money with our online service.
Our compliance protocol, principles and procedures are in line regulatory and industry requirements as a minimum. APS adheres to practices and policies that meet both legal and ethical standards.
At APS Knowing our customers is an important part of our Anti Money Laundering (AML) process. This includes the identification and authentication of all our customers during the registration process. This is to ensure that our KYC procedures are strictly adhered in line with our regulatory requirements.
Sending money using a fictitious receiver name won’t protect you when doing business with a stranger.
As we are fully authorised and regulated, we are required by law to keep (on file) original or certified proof of identification and physical address details for all clients. For all transactions over £1,000 or transactions equalling £1000 in a given year supporting documentation for the transfer must be supplied.
This documentation is held on file at a secure location and no transaction details are ever disclosed to any third party.
We are authorized and regulated by The Financial Conduct Authority (FCA); firm reference number 566523 and Her Majesty’s Revenue and Custom (HMRC) registration number 12480742. We are bound by Data Protection Act 1998/GDPR 2018 (Information commissioner’s office – ICO) registration number ZA15338.
As a result of recent laws ratified by the UK Parliament and which came into effect on 15th December 2007, our company is now obliged to take and verify customer ID from any client who uses our services more than once. We emphasise that this law applies without exception to all Money Transfer companies based in the UK. We therefore require that, if you wish to utilise our services more than once, you must provide us your ID and proof of address. This can be your passport or driving licence together with a utility bill, bank or credit card statement (sent to you within the last 3 months) The information contained in these documents will remain confidential in our files; the documents will not be disclosed to any third party, as laid out in the Data Protection Act, 1998/GDPR 2018.
Money laundering is a very serious International offence and customers should note that any suspicious transactions will be reported to the appropriate authorities without further reference. Therefore, we ask you to ensure that you comply and supply all the required documentation.