Know your customer

We’re required to find out about the companies we conduct business with to satisfy anti-money laundering requirements. This includes finding out about the source of a company’s funds which is why we request bank account evidence. The financial services industry refers to this as ‘know your customer’ or KYC.

Employers can send evidence of the bank account (copy of bank statement, void cheque or paying in slip) to kyc@bandce.co.uk