support@phoneme.money
Anti-Money Laundering Requirements

What is required for AML?

Anti Money-Laundering Requirements*

Valid as of 1-Jun-2021.

PhoneMe.Money Requires proof of identity for all users transacting with money.

Proof of identity includes both user and address documentation. All documents are stored securely and encrypted. All documents must be current. Address documentation must be less than 12 months old.

What we require:

1. Identity Verification

You must supply one of:

  • NZ Passport
  • Foreign Passport that must show signature
  • NZ Drivers Licence that will be checked against Waka Kotahi (NZTA) records

and you must supply a

  • Image of yourself taken at the time by your front facing camera
2.Address Verification

You must supply one of:

  • Bank account statement that includes date and your address
  • Utility bill that includes date and your address (water, gas, power, phone, internet)
  • Rates bill that includes date and your address
  • Government issued document including IRD / WINZ statement that includes date and your address
  • Residential tenancy agreement
  • Vehicle registration issued by NZTA
  • Insurance policy (dwelling)
  • Court document

To fulfill these requirements you can download the PhoneMe.Money CDD (customer due diligence) application from either Google Play Store or App Store. This app will take you through the process required. After sucessfully fullfilling the requirements you're service tier will increase giving you further options with PhoneMe.Money.

*These requirements are legal requirements as per the NZ AML/CFT Act 2009.

Further details are available at the Department of Internal Affairs website