A bank refused an account or check: what compliance databases say about you

Banks, exchanges and consulates screen clients against commercial compliance databases. Records are compiled from open sources and often go out of date: a position with no end date, a company already sold, a closed case. You can request a copy of your record for free and ask for inaccuracies to be corrected, with documents. The database operator decides on corrections; the bank decides on the account.

First steps

1. Request a copy of your record from the database operator — LSEG World-Check and LexisNexis have a free procedure.
2. Compare each line with your documents: positions and dates, companies and stakes, citizenship, case status.
3. Ask for corrections through the database's procedure, attaching documents and reliable sources.
4. Prepare source-of-funds documents for the bank — they are needed anyway.
5. Do not pay for 'removal from the database' and do not commission publications to get a result.

Play this situation in the game

• The bank asks where the money came from
• Salary in USDT
• Three thousand trades

If you need your case looked at

Source-of-funds report   Account opening consultation

We do not promise removal of a record or account approval, do not work for sanctioned persons and do not create publications to influence screening.