Money Laundering

Town and Country Property Auctions are required by law to carry out identification checks for everyone who offers, bids or buys at auction.


What the new regulations mean for you as a bidder or buyer at the auction:

  1. In the case of an individual bidding at auction, we will require a certified copy of a passport and utility bill.
  2. In the case of an individual acting on behalf of a third party individual, we will require a certified copy of a passport and recent utility bill from both
  3. In the case of an individual acting on behalf of a company we will require details about the company including ownership information on the ultimate holding company and ultimate beneficial owners of the company, including current addresses and dates of
  4. If you are unable to attend in person or will be sending us a remote bidding form, we will require certified ID that has been identified by a professionally recognised individual. This will need to be provided to us in advance of the auction date
  5. Your ID will be kept on file for 3 years and will we will only require updated documents if you change address

At registration for the auction you must provide 2 forms of ID, one photographic and one proof of residence that is dated within the last 3 months (a list of acceptable ID documents can be seen below).


Photographic evidence of identity


ID can be approved as follows:
Evidence of Residence


PROOF OF IDENTIFICATION FOR IRELAND

You must supply at least one document from each list below.


Proof of Identity


Proof of Address


* Current full IE/ EU driving license cannot be used to prove both ID and address. This document can only identify ID or address.

All certified ID can be sent to us at info@tcpa.co.uk.

The purpose of Town & Country Property Auctions obtaining this information is in order for us to carry out customer due diligence in compliance with the regulations. There are no exceptions and Town & Country Property Auctions takes its obligations very seriously

PLEASE NOTE: In compliance with Anti Money Laundering Regulations an Experian search can be carried out to verify your identity and proof of residency. This does not affect your credit file. This can be carried out on the auction night or prior. Some clients may find this method more convenient.

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