Money Laundering Regulations
To prevent money laundering within the UK we are required to 'know our clients'.
What Identification do I Need to Provide?
This will depend on who we provide the service to!
Anyone connected to the mail service or company formation is located in the UK. There is no one based outside of the UK
Personal Mail Forwarding - UK residents only
Sole Trader or Partnership based in the UK
UK Limited Company (LTD) - The directors, shareholders or PSCs all live in the UK
UK Limited Liability Partnership (LLP) - The partners or PSCs all live in the UK
Another business structure that has no owners based outside of the UK
Somebody connected to the mail service or company formation is located outside of the UK. This applies to any overseas customers.
Personal Mail Forwarding - You live abroad
UK Limited Company (LTD) - One or more of the directors, shareholders or PSCs lives outside of the UK
UK Limited Liability Partnership (LLP) - One or more of the partners or PSCs lives outside of the UK
Another business structure with one or more of the owners living outside of the UK
High Value Dealers
Trust or Company Service Providers
Accountancy Service Providers
Money Service Businesses
More About the Money Laundering Regulations
Implemented in 2007, the Money Laundering Regulations are designed to protect the UK financial system.
Whilst the regulations are commonly associated with banks and financial institutions the laws govern many other industries such as company service providers.
We take a responsible approach to meeting legal requirements and operating within the regulations that govern our industry.
Any customer that has purchased a mail service or related product will be asked to provide the following documents by post or by email.
- Copy of driving licence photo card or a copy of passport
- Utility bill or bank statement in that person’s name dated within the last 3 months
- Completed client registration form
Overseas customers are requested to provide the same information but we may ask for solicitor certified or notarised copies. We may also need a certified translation of the document if the original is not in English.
Corporate Structures and Nominee Directors
If you have registered a business with us that has a corporate structure (no people registered as directors or shareholders) we need identification for the beneficial owners.
Customers purchasing a mail forwarding address or a service that creates a business relationship with SFS must complete the client registration form.
Please visit our Client Registration Page to print and complete the Client Registration Forms.
We value your privacy
All customer details are kept securely by SFS. We will only divulge your details if legally required to provide the information or the request is made by a government agency that does not fall within data protection laws.