Anti Money Laundering (AML) - Information for Buyers and Sellers

In January 2020 the Government introduced Anti Money Laundering (AML) measures which legally require auction houses to conduct due diligence on buyers and sellers who exceed the threshold of 10,000 Euros.  

To help meet our legal obligations and ensure a smooth buying and selling process, Wilson55 kindly asks all clients to provide identification.

First-time buyers will be asked for a form of ID. For higher value transactions, we may need two forms of ID in line with standard verification procedures.

This may include confirming your name, address, and date of birth, along with providing a valid photo ID and proof of address. If you’re buying or selling on behalf of a business, some additional company details may be required.

We will request two forms of ID as listed from each list below.

Photographic evidence of identity:

• Current signed Passport
• Current full UK/EU photo card driving licence
• Valid ID card (e.g. HM Forces, police warrant, prison officer card, government/ local authority issued card)
• Firearm or shotgun certificate
• Resident permit issued by the Home Office to EU Nationals

Evidence of Residence:

• Current full UK/EU photo card driving licence (if not used to prove identity)
• Utility bill issued in the last three months (not mobile phone)
• Recent bank/ building society/ mortgage/ credit card statement
• Current house/ motor insurance certificate
• Revenue & Customs tax notification
• Recent council tax bill

The information you provide will be held and processed by us in accordance with Data Protection Regulations and will remain confidential. 

Please see our Privacy Notice for more details on how your personal information will be used.