Money laundering


  • Date: 01/09/2002

A number of Members who are sale & purchase brokers have approached us to report that banks are expressing a reluctance to open accounts in the names of buyers or sellers for sale and purchase transactions. The banks have generally attributed this reluctance to the impact of money laundering prevention and the increased costs they face in ensuring compliance. This issue may have serious implications for sale and purchase brokers and the Club intends to circulate Members who are obviously affected during the course of the next year. If, however, any Members would also like to advise the Club of problems in this area we would be pleased to hear from them.

Obtenga una cotización

Get a quote

Rellene el cuestionario de propuesta adecuado para recibir cotización

Notfique una reclamación

Make a claim

Guía sobre como notificar una reclamación

Hable con nuestros expertos

Talk to our experts

Contactenos en ITIC
+44 (0)20 7204 2928

You are currently offline. Some pages or content may fail to load.