At Verify 365, we offer comprehensive demos to showcase exactly how our client onboarding platform and DynamicID technology can transform your firm, agency or business. We do this because we want you to experience Verify 365, what it is, how it all works and what it means for your firm when it comes to meeting particular requirements such as compliance regulations and HM Land Registry’s Digital ID Standard.

Led by our expert team, our demos detail all the important factors you need to know about Verify 365 as well as demonstrating how the platform works including a look at our simplified yet effective dashboard where you can initiate the checks, access client reports and access our other tools including ePayments, eSignatures and document templates.

A key element of our Verify 365 demos is taking through the check process, initiating checks and the types of checks solicitors, conveyancers, estate agents and finance sector professionals can ask their clients to complete. Being the ultimate AML & KYC solution platform, we showcase how to initiate and complete our biometric ID checks to validate identity doucments and confirm your client’s identity.

However, for more complex matters where further confirmation and due diligence are required, you will likely need to complete a source of funds check to establish a clear picture of a transaction taking place. Our expert team will cover the source of funds checks during the demo, but sometimes, potential customers still have a few queries. However, rest assured our team will ensure your questions are answered so you can get the best out of Verify 365.

This article will discuss some of the frequently asked questions during the source of funds check process of the demo so you can fully understand exactly what you are getting with our innovative technology.

The Frequently Asked Source of Funds Questions in Verify 365 Demos

With source of funds checks being an essential element of the due diligence process, its natural many solicitors, conveyancers, estate agents and finance professionals will have plenty of questions to ensure they can comprehensively analyse financial data and determine the nature of the funds being presented by their client. Here are some of the FAQs demo questions surrounding source of funds:

What is Open Banking?

Which countries connect with Open Banking?

Which banks does our Open Banking technology connect with?

How do you analyse Open Banking and Digital Bank Statement Results?

Where do I Find the Answers?

Quite simply, you’ll only find the answers to these common source of funds queries when you book a comprehensive free demo with our expert team. They will answer all your questions and detail each aspect of how source of funds checks and reporting works through the demo.

With source of funds being a critical element, we understand how important it is to feel comfortable using our innovative combination of Open Banking, advanced AI analytics and source of funds questionnaire. Our demo will provide the confidence that you can fully establish the origin of the funds presented as well as validate the transaction and your client’s identity to meet your due diligence and compliance obligations.

So, if you’re curious about Verify 365’s source of funds checks and innovative client onboarding platform elevating the legal, property and finance sectors, there is only one thing left to do. Book your free demo with our expert team today to find the answers and transform your onboarding processes.