Due Diligence and Media Check
Be aware of who you are dealing with.
Identifying your clients and making sure they are who they say they are involves conducting customer due diligence. Obtaining and validating names, photos, and official documentation about clients is the process of confirming their identification.
What is Customer Due Diligence and Media Check?
Identification and verification of your clients is the process of performing customer due diligence. This entails checking your customer’s name on official documents that attest to their identity, as well as their date of birth, residential address, and any prospective customer difficulties.
Customer due diligence is growing more and more significant in the modern world of complicated financial transactions and international financial networks. We can help your company minimise any potential connection with criminal activities, such as money laundering or financing terrorism, by doing due diligence with GlobalCheckPro. For a free customer due diligence quote and to safeguard your company from potential involvement in illicit activities, get in touch with us.
Why conduct Customer Due Diligence and Media Check?
Customer due diligence is vital for several reasons, but the main one is to reduce your legal liability and financial risk by knowing who you are dealing with. If it is discovered that your customers are engaging in or conducting unlawful activities, you can safeguard your company from potential legal repercussions (fines and possibly jail depending on the severity of the breach) by performing customer due diligence.
Who should conduct Customer Due Diligence and Media Check?
Regardless of their size or sector, we think all firms ought to perform consumer due diligence. Every organisation would profit from due diligence because it would identify any problems or worries regarding customers.
Conducting client due diligence would be especially advantageous for the following sectors:
- Manufacturing, Transportation & Construction
- Energy & Utilities
- Government & Education
- Financial Services
- Legal Services
When should you check for Customer Due Diligence and Media Check?
We advise Customer Due Diligence and Media Check investigations prior to recruiting potential employees. Any organisation that conducts pre-employment screening should include a Customer Due Diligence and Media Check because it is crucial to evaluating the applicant and determining whether it is secure to hire them.
Would you like to find out more about how we identify risk?
You can connect with us through email.