Peabody have partnered with anti-money laundering checker Thirdfort

Why Peabody use Thirdfort

By law, when dealing with large amounts of money such as buying a home, Peabody are legally required to understand where that money comes from, and be sure it is legitimate. These requirements or regulations are put in place to help stop financial crime and fraud, like money laundering.

Anti-money laundering (AML) verification is an identity assessment to ensure that anyone transferring or investing money is who they claim to be. This ensures the money involved in the transaction comes from a legitimate source. AML regulations are put in place by national authorities and these types of checks put a lot of screening and monitoring obligations on regulated industries.