Can a solicitor verify identity?
Solicitors must verify identity if they undertake ‘relevant business’, as defined in the Money Laundering Regulations 2003. This includes the practice areas most at risk of being used for money laundering – conveyancing, trust/probate, corporate, tax and insolvency (see regulation 2(2)2(a)-(m)).
What is acceptable as proof of identity?
biometric residence card. national identity card. travel document. birth or adoption certificate or certificate of registry of birth.
What will solicitors accept?
We will accept any one of the following: confirmation from an electoral register search that a person that lives at that address; a recent utility bill or statement, dated within the last 3 months, or a certificate from a utilities supplier confirming an arrangement to pay for services on pre-payment terms.
Do Solicitors need original bank statements?
What do we require? If the transaction is to be funded from a savings account or a current account, Solicitors will need the original bank statement showing the funds accumulated in the account. It is vital that the bank statements show the name of the bank, the clients name and their address.
Do Solicitors need proof of ID?
Your solicitor will need proof of your identity and your address. In most cases you can prove your identity by providing your current passport or photographic driving licence. … Sometimes, your solicitor may need to use an online provider to carry out due diligence.
What counts as proof of address?
Proof of address can be one of the following:
Driver’s license / residence permit / national ID / state ID. Bank statement / credit card statement. Council tax or municipality bill / government tax letter. Social insurance statement.
Can birth certificate be used as ID?
A U.S. birth certificate is sufficient for proof of age. If one is not available, the Social Security Administration will accept a passport and may accept other documents like medical records. As proof of identity, the Social Security Administration will want to see: … U.S. passport.
What can be used as two forms of ID?
Acceptable Documents for Identity Verification
- State identification (ID) card.
- Driver license.
- US passport or passport card.
- US military card (front and back)
- Military dependent’s ID card (front and back)
- Permanent Resident Card.
- Certificate of Citizenship.
- Certificate of Naturalization.
Can solicitors check bank accounts?
A solicitor cannot by law proceed with your purchase without knowing the source of your funds. This is to limit the potential for fraud, protecting the solicitor, the legal sector and most importantly, the buyer.
Is it better to use a solicitor or conveyancer?
It’s an important role, so choose carefully. Solicitors are usually more expensive than conveyancers and are qualified lawyers, so they can offer a full range of legal services. Licenced conveyancers are specialised in property but can’t deal with complex legal issues.
How much do solicitors charge UK?
A solicitor’s fee for setting one up will usually range from about £500 for the simplest kind to around £800. If you’re seeking a divorce, or your spouse is divorcing you, then you can ensure a fair financial settlement with the help of a financial adviser.