NAEA Propertymark Passport tool allows Estate Agents to easily verify their Customer’s identity. It was created in compliance with the Money Laundering Regulations of 2007 and acts as a screening tool that allows Estate Agents to vet whether the Individual may be marked as a potential Exposed or Sanctioned Person.
The tool has a secondary use - it helps Estate Agents avoid potential scams, whether it is money laundering or identity theft. Passport acts as a gateway by allowing the Agent to see results of Facial Biometrics Scanner , ID processing and Address Verification.