When conducting business with overseas counterparties, it's essential to ensure compliance with Know Your Customer (KYC) regulations and mitigate the risk of fraud, money laundering, and other illicit activities. At Global Expand, we offer comprehensive KYC verification services to help businesses establish the identity and legitimacy of their overseas partners. Here's how we can assist you:

Document Verification and Authentication:

  • We verify the authenticity of identity documents, such as passports, national IDs, and business licenses, provided by overseas counterparties. Our experts conduct thorough checks to ensure that the documents are genuine and valid.

Identity Verification and Screening:

  • We perform identity verification checks to confirm the identity of overseas counterparties and screen them against international watchlists and databases for sanctions, politically exposed persons (PEPs), and adverse media coverage. This helps identify any potential risks or red flags associated with the counterparties.

Business Due Diligence and Background Checks:

  • We conduct comprehensive due diligence and background checks on overseas counterparties to assess their reputation, financial stability, and business practices. Our investigations include examining corporate records, financial statements, and ownership structures to evaluate the legitimacy and reliability of the counterparties.

Beneficial Ownership Analysis:

  • We analyze the ownership structure of overseas counterparties to identify beneficial owners and ultimate beneficiaries behind corporate entities. This helps uncover hidden ownership interests and prevent the misuse of corporate structures for illicit purposes.

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