OneDome, the digital homebuying platform, is offering unlimited free digital KYC and AML checks for estate agents using its various home buying services.
The initiative provides compliance tools, used by firms such as Barclays, Starling Bank and Revolut, directly to the estate agents, at no cost.
The service, encompassing identity verification, document authentication, live video face matching, and comprehensive AML screening and is available to all client onboarding processes.
OneDome says its offer promises estate agents a significant reduction in compliance costs, potentially saving thousands annually, and simplifies the onboarding process with a detailed digital report and risk assessment.
Babek Ismayil, OneDome’s CEO, said: “The cost of KYC and AML checks disproportionately affects smaller agents due to volume. Through our platform’s high volume of checks, we benefit from favourable rates, enabling us to offer them for free to the agents we collaborate with.”
