AML: extensive international coverage

Plusius . Watchlist screening

For identity and business verification we obligatorily run an AML watchlist screening. 

The identity data collected from a customer is compared to independent data sources to verify that the individual exists.

Along with the individual existence investigation, the AML watchlist verification flags the high-risk identities.

As part of Know Your Business processes, we identify the Ultimate Beneficial Owners and verify their identities against AML watchlists.

PEP, Watchlist and Sanctions check

We run identity checks on every transaction sender and receiver against known or suspected money launderers, terrorists and other people considered high risk. 

Through third-party actors, Plusius has access to a network of lists tracking politically exposed persons (PEPs), at an extensive international coverage: 

  • Sanction lists such as OFAC, UN, HMT, EU, and DFAT
  • Law enforcement lists from Interpol, country-specific government and state agencies, and police forces
  • Lists from governing regulatory bodies (financial and securities commissions)  

We screen our clients and our clients' clients against hundreds of AML watchlists around the world that are updated in real-time.

Frequently Asked Questions

Firstly, a customer submits personally identifiable information (PII) before making a payment. Then, the identity data is compared to global AML watchlists. Plusius flags a customer if their name appears on any watchlists, sanctions lists or PEP lists.
Plusius has a network of over 240 watchlists in 195 countries around the world.
Having incomplete or incorrect information could result in delayed payouts for our customers’ users or financial losses of their own. To comply with local KYC requirements, customers must provide certain information to Plusius about their users as part of onboarding.

Having a question? Get in touch.

We are happy to assist. 

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