2.5.5 Face to face verification
| No: BCT/15631 | Date(g): 2/5/2012 | Date(h): 11/6/1433 | Status: In-Force |
Further to the customer due diligence measures carried out at the onset of the contract (see 2.3), a further full verification must be carried out face-to- face whenever:
a. There is a suspicion of money laundering or terrorist financing;
b. There are doubts about the veracity or adequacy of the previously obtained primary cardholder identification data;
c. Higher compliance risks are posed.
The prepaid account must be blocked until full verification occurs if any of the above suspicions are raised.