Onboarding

We need to know who we are working for and must verify the client’s identity. Because we work exclusively with businesses that are typically incorporated, we usually need an official registry extract on file.

We must also record and verify the identity of our client's authorized representative. In most cases, this is our client's director. We verify this using proof of identity, such as a passport or ID card.

You will receive a letter of engagement from us describing the services we will provide. Our ABLD General Terms and Conditions apply.

Please read everything carefully. If you have any questions, we will be happy to answer them. If you agree, we would like to receive a signed order confirmation.

In some cases, we are required to conduct additional customer due diligence and need to include additional information in an AML file. This applies when we assist you with:

• the purchase or sale of registered assets (for example, real estate)
• incorporating or managing companies
• the purchase or sale of shares, enterprises, and legal entities
• activities in the field of taxation or money management In our Enhanced

Customer Due Diligence and Anti-Money Laundering, we must:

1. Record and regularly track who the ultimate beneficial owners (UBOs) of your company are.
2. Include copies of the company's articles of association and the shareholders' register.
3. Investigate the origin of the financial resources used for the proposed transaction.
4. Check whether Politically Exposed Persons are involved with your company.
5. Investigate whether individuals associated with your company are on an official sanctions list of, among others, the European Union.