Banking

Serving cash intensive businesses presents a substantial opportunity for financial institutions.

Banks / Credit Unions & PayQwick

Serving cash intensive business presents a substantial opportunity for financial institutions. Cost-effective compliance is the key to making the most of this opportunity. PayQwick is your compliance partner.

Your Compliance Partner 

  • Enhanced Customer Due Diligence: PayQwick conducts extensive BSA/AML Know Your Customer due diligence, both when on-boarding new clients and then periodically through the year. The results are shared with PayQwick's and the customer’s financial institution.
  • Enhanced Transaction Due Diligence: PayQwick continuously monitors transactions for “Red Flags” and shares its finding with PayQwick's and the customer’s financial institution.
  • FinCEN Filing: PayQwick files CTRs, as appropriate with industry specific expertise and SARs as appropriate.
  • Joint Marketing: Enhance your bottom line with PayQwick’s joint marketing program.