Refresh the file on material change and offboard when required
A material account change, such as new product access, a large limit increase, or a new beneficial owner, triggers a partial refresh of the file with re-screening and tier reassessment. A customer that fails to provide documents within 30 days, returns a confirmed sanctions hit, loses a required license, or poses unacceptable risk is suspended or terminated, with the sponsor bank notified before closure.
Event-driven
On each material change; on each offboarding trigger
Collect the updated documents and re-screen on a change; on an offboarding trigger, decide, notify the sponsor bank, stop processing, settle balances, and record the reason.
- Change refresh record
What changed, documents collected, screening re-run, tier decision
- Offboarding decision
Reason, approver, bank notice, closure date
AML Compliance Officer
Leela can watch for the trigger, keep the clock, and flag what is late.
Leela can watch for account changes and offboarding triggers and start the right procedure.
Tell Leela about your company to see whether this applies.
Tell Leela how you handle it today, or hand it over: see what’s next.