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Know Your Customer (KYC) Requirements in Antigua and Barbuda: A Guide for Businesses
In today’s digital age, businesses operating in Antigua and Barbuda must ensure that they comply with Know Your Customer (KYC) requirements to prevent money laundering, terrorist financing, and other financial crimes. The Financial Services Regulatory Commission (FSRC), Office of National Drug and Money Laundering Control Policy (ONDCP), and Eastern Caribbean Central Bank have implemented strict guidelines for businesses to adhere to.
Why KYC Compliance is Crucial
- Prevents money laundering and terrorist financing
- Ensures transparency in business transactions
- Maintains a good reputation for the business
- Complies with global anti-money laundering (AML) standards
Shufti Pro’s KYC Services for Antigua and Barbuda
Shufti Pro, a leading identity verification solutions provider, offers real-time KYC services in Antigua and Barbuda. Our solution helps financial institutions and non-financial businesses onboard new customers quickly and securely, while ensuring compliance with global AML standards.
Document Verification
- Verifies social security cards
- Verifies ID cards
- Verifies passports
- Verifies driving licenses
- Verifies credit/debit cards
Our advanced technology uses machine learning algorithms to detect any tampering or forgery, providing accurate results in real-time.
Measuring Up to International Standards
Our KYC services for Antigua and Barbuda are designed to meet the guidelines set by:
- Financial Action Task Force (FATF)
- CFATF
- OFAC
- Other relevant authorities
We verify the nationality, name, and date of birth of customers using their passports, ensuring that businesses can conduct customer due diligence efficiently.
Additional AML Solutions for Antiguan Banks and Businesses
In addition to KYC services, Shufti Pro offers AML solutions for Antiguan banks and businesses. Our AML compliance services help identify high-risk clients, improve client onboarding with faster PEP screening, and monitor real-time sanction lists.
Advanced Identity Verification System
- Facial recognition
- Document authentication
- Address verification
- 2FA authentication
- Consent verification
- AML screening
We use a combination of these services to provide a robust solution for businesses operating in Antigua and Barbuda.
OCR Technology
Our OCR technology is capable of recognizing English language documents with an accuracy rate of 98.67%. We work with all major industries, including:
- Banks
- E-commerce platforms
- E-payments providers
- Ride-sharing companies
- Online service providers
Start Your Free Trial Today!
Start your 7-day free trial today and experience the ease of KYC compliance in Antigua and Barbuda with Shufti Pro!