Compliance

Alpha and Omega money transfer is registered with HM Revenue and customs (HMRC).

We are guided by the following set out in the HMRC controls which includes:

* Assessing the risk of business being used by criminals to launder money

* Checking the identity of customers

* Checking the identity of ‘beneficial owners’ of corporate bodies and partnerships

* Monitoring customers’ business activities and reporting anything suspicious to the Serious Organised Crime Agency.

* Making sure we have the necessary management control systems in place

* Keeping all documents that relate to financial transactions, the identity of our customers, risk assessment and management procedures and processes

* Making sure that our employees are aware of the regulations and have had the necessary training.

ascertain and execute risk processes to comply with the laws of the UK and those of the jurisdictions in which we operate, as well as, safeguard our operations from money laundering and terrorist financing.

The United Kingdom law requires us to monitor any unusual or suspicious transactions of any size, taking place where we have reasons to believe the money is derived from illegal activity. It also requires us to keep full records of all transactions together with copies of identification provided.

Alpha & Omega Money Transfer is dedicated to providing support and ongoing guidance regarding anti money laundering and anti terrorist financing. We reserve the right to refuse, suspend, delay, or cancel a transaction, which it may feel violates local and international laws. There is a statutory obligation on all Alpha & Omega Money transfer authorised agent and employees to report suspicious transactions to the authorising centre.

If you have any comments, questions, or require guidance or support please contact us at: info@AlphandOmega.com. Alternatively, phone our free number on 0800 048 8629