FAQ
List of FAQs are as below:
1). Why do I need to produce set of Identification documents (ID) ?
As per the Financial service Authority's new fight against money laundering, financial crime and terrorism having your identity checked helps to prevent and detect crime including terrorism and protects you from identification theft.
2). How do I send money from ATOZ 4U Ltd to an abroad location?
- Log-in to the website www.atoz4ultd.com
- Sign up as new customer, fill up the Sender's details
- Attach required set of identifications on the page
- Provide us with receiver's details both personal and Bank details
- Initiate the transfer
3). How many ID do I need to provide?
As per the FSA requirements we need to gather ID as below
One-off Transaction Thresholds
| Bank Transactions | |
|---|---|
| Thresholds in GBP | ID Requirements |
| Up To £ 800 | No ID but Basic Information |
| £ 800 to £2000 | 1 ID |
| £ 2501 to £5000 | 1 ID |
| £ 5001 to £12,000 | 2 ID and Source of Fund |
| £ 12,001+ | 2 ID and Source of Fund + Further Information |
4). What types of ID that I need to submit?
If only 1 form of IDis submitted it can be either of the below mentioned documents
- UK Full Driving License
- Provisional License + Counter Part
- Valid UK Visa with work Permit
- International Passport with Uk Valid Visa
- British Passport
- Asylum seeker Registration Card
If required to submit second form of ID please send any of the below mentioned documents
UK Driving License + Posted Recent Bank Statement
UK Passport
Utility Bills
Council letter
We do not accept any private company's bills or declarations e.g. Phone Bills as proof of Identification.
5). How Does proving my identity helps fight crime?
Criminals often try to hide theiridentities, so identity checks are animportant way of fighting moneylaundering, terrorism and othercriminal activities. This is why thelaw says financial firms must identifytheir new customers.
