Understanding Why We Need Your Financial Information & Risk Documentation!
Understanding Why We Need Your Financial
Information & Risk Documentation!
At RealNet Hartbeespoort/Brits, our mission is simple: to connect hearts and homes. Part of fulfilling that mission is ensuring that every transaction is secure, compliant, and transparent-for your benefit and ours.
You may have noticed that we ask for personal and financial details when you engage with us, whether you're buying, selling, renting, or investing. This is not to pry but to comply with South Africa's Financial Intelligence Centre Act (FICA). Here's why it's important:
Why Do We Need This Information?
1. Preventing Fraud and Money Laundering: FICA is a legal requirement that helps combat illegal activities like fraud and money laundering. By verifying your identity, we protect the integrity of the property market and your interests.
2. Protecting All Parties: These checks ensure that buyers, sellers, tenants, and landlords can transact with confidence, knowing all parties are verified and above board.
3. Ensuring a Smooth Process: Accurate and up-to-date information helps us streamline your transactions, saving time and avoiding delays.
What Do We Ask For?
Here are some of the documents we may request, depending on your role in the transaction:
- Proof of ID: (e.g., a certified copy of your ID or passport)
- Proof of Address: (e.g., a utility bill not older than 3 months)
- Income and Affordability Details: (for tenants and buyers to match you with the right property)
- FICA Declaration Forms - What we call our RMCP (Risk Management) documents/
How We Handle Your Information: Rest assured, your information is treated with the utmost confidentiality and only used for compliance purposes. By working together and sharing this information, we ensure a safe and secure property journey for everyone involved. If you have any questions or concerns, we're always here to help.
Thank you for your understanding and cooperation. Together, we're not just building transactions; we're building trust.
RealNet Hartbeespoort/Brits
Hartbeespoort: 012 253 0330 | Brits: 012 252 5466 | Cellular: 076 225 3555
hartbeespoort@realnet.co.za
Hartbeespoort: 113 Scott Street, Schoemansville | Brits: Cnr Carl De Wet & Knox Avenue
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