Frequently Asked Questions

A 'Notice of Correction' means that the subject of the search has contacted Call Credit (or another credit agency) to dispute something on their Credit File and Call Credit (or another ageny) have placed the data in a 'locked' position until they can verify (or otherwise) the conflicting data. People often pay to check their credit file when they are refused credit, and then dispute the information. The data can't be used in any decision making whilst in the disputed state so the search can't proceed.

When a search is returned with a 'Notice of Correction' we cannot perform an AML Search until it has been actioned by them. Unfortunately, no timescale is ever given for the process to be completed, as they are all done on a case-by-case basis (requiring human intervention).

The only solution is to wait and try again, but they can take anything from days to months to be corrected. It's beyond the control of AML Search to speed the process up.

We never charge for a Notice of Correction.

The three credit bureaus in the UK (Callcredit, Experian and Equifax) are obliged to leave an assortment of footprints on consumers’ credit files for varying reasons.

A Non-Standard Address is one that is not deemed to not be a normal residential location.

These often appear for exampe for Armed Forces barracks or student Halls of Residence.
 

Essentially, a 'Notice of Correction' means that the subject of the search has contacted Call Credit (or another credit agency) to dispute something on their Credit File and Call Credit (or another ageny) have placed the data in a 'locked' position until they can verify (or otherwise) the conflicting data. People often pay to check their credit file when they are refused credit, and then dispute the information. The data can't be used in any decision making whilst in the disputed state so the search can't proceed.

The Politically Exposed People Database contains names of individuals including heads of state, cabinet members, members of parliament, highest members of the judiciary, national bank governors and members, political and religious leaders, military officials, senior executives of state of owned companies, ambassadors, former PEP’s and those closely associated to PEP’s such as family members.

IDCheck is a simple, low level ID check for UK Nationals. It is designed for firms that do not believe that the type of business they are conducting with a client requires a full AML Search to be carried out. Firms are using this search for business matters including remortgaging where the client is deemed to have been certified by a lender prior to the firm working with the client. Again this is the choice of the firm based upon their own AML Risk Procedures as set by their MLRO.

International AML Search allows a UK firm to carry out checks on Non-UK Nationals from over 150 countries. AML regulations, legislation and guidelines stipulate that searches should contain both positive and negative checking procedures. Positive Identity confirmation is clearly much more difficult to achieve in some countries (like India or Afghanistan for instance) therefore in the details section of the search the information that can be verified is returned - for clarity AML Search International breaks out the two components into Positive Identity and Alerts & Warnings Lists in line with the Joint Money Laundering Steering Group guidelines.