Sports Club - Money Laundering

SarahS Registered Posts: 60 💫 🐯 💫
Anybody know what checks need to be made when taking on a new client which is a Sports Club??



  • T.C.
    T.C. Registered, Tutor Posts: 1,448
    Not sure, but I would get ID checks for all the directors, presuming it is a charity??
  • Poodle
    Poodle Registered Posts: 711
    Hi Sarah,

    To open up a bank account then a bank needs id from the trustes of a charity and the main post holders on the commiittee. This could include the Chairman, secretary and treasurer or anyone with the authority to enter into a contract on behalf of the club/charity or have access to the bank accounts.

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