VerifyNow01
Confirm accountable-institution status
Check whether your business and workflow are listed in Schedule 1 of the FIC Act or otherwise regulated. If yes, you need a formal FICA programme, not only identity reports.
FIC compliance guide
FICA Compliance: how to get FIC compliant
A practical South African guide for businesses that need to move from concern to a working compliance file: FIC registration, RMCP, CDD, AML/PEP, sanctions, reporting triggers and the VerifyNow reports that support each step.
Important distinction
VerifyNow gives you verification reports and audit evidence. Your RMCP, accountable-institution status, customer risk rating and reporting decisions determine whether your business is compliant.
See the KYC BundleStep-by-step
What FICA compliance usually requires
Not every business is an accountable institution, and not every customer needs the same checks. Use the official FIC guidance and your RMCP to decide the final control set.
02
Register and assign responsibility
Accountable institutions must register with the FIC on goAML, appoint responsible people and make sure reporting duties can be performed.
03
Document your RMCP
The RMCP sets out how your business identifies customers, verifies information, applies risk ratings, keeps records, screens risk and reports suspicious activity.
04
Run CDD and keep report evidence
Identify and verify natural persons, companies, directors or representatives before onboarding or transacting. Higher-risk customers need enhanced due diligence.
05
Screen and monitor risk
Screen for targeted financial sanctions, PEP and AML risk where your RMCP requires it, then review hits before deciding whether to proceed or report.
06
Report where required
FICA reporting is separate from verification. Suspicious and unusual activity, cash-threshold events and other reportable matters are submitted to the FIC through goAML where applicable.
Report mapping
Which check supports which FICA step
Natural-person CDD
You need to identify and verify a South African individual.
VerifyNow check
Home Affairs ID + Photo or KYC BundleEvidence it gives you
Verified identity fields, Home Affairs photo and transaction reference.
Stronger onboarding file
You want one report combining identity confirmation and supporting trace context.
VerifyNow check
KYC BundleEvidence it gives you
Home Affairs ID + Photo with Consumer Trace Lite fields where available.
Remote person assurance
A customer signs up remotely or you need to bind a person to the ID record.
VerifyNow check
Face MatchEvidence it gives you
Selfie-to-reference match result and confidence score.
Company or representative CDD
The customer is a company, supplier, agency, developer or business counterparty.
VerifyNow check
CIPC Company Match and Director SearchEvidence it gives you
Company registration status, details and director context.
Bank account control
Deposits, refunds, debit orders, payouts or settlements are part of the workflow.
VerifyNow check
Bank Account VerificationEvidence it gives you
Account-found, account-open, ID/company match and account capability indicators.
AML, PEP and sanctions risk
Your RMCP, customer risk rating or transaction facts require screening or EDD.
VerifyNow check
AML/PEP/Sanctions CheckEvidence it gives you
Sanctions, PEP, watchlist and adverse-risk matches for review.
Document evidence
A passport, ID document, licence or uploaded file is part of the customer file.
VerifyNow check
Document VerificationEvidence it gives you
Document authentication, OCR and tamper signals where supported.
Sample reports
See the reports that support your file
These are sample reports from the same report surfaces users see in the dashboard. They show the evidence a reviewer can attach to a CDD, KYB, bank-verification or AML/PEP review.
KYC Bundle Report
Consumer ID: 9710225015088
Date:
Time:
Verification SuccessReal time results from official sources
SUCCESS
Home Affairs ID Photo
Identity Photo:
ID Number:9710225015088
First Names:SIYABONGA
Surname:NDOSI
Gender:Male
Date of Birth:1997-10-22
Age:28
Citizenship:South African
Country of Birth:Gauteng
Country of Birth:ZA
ID Book Issued Date:2015-11-20
ID Card Indicator:Yes
ID Card Indicator:Yes
ID Sequence Number:1
ID Blocked:No
Match Status:Matched
Match Status:Matched
Hanis ID Match:Matched
Deceased Status:Alive
Marital Status:Single
Consumer Trace Lite
ID Number:9710225015088
ID Number:9710225015088
Surname:NDOSI
First Names:SIYABONGA
D O B:1997-10-22
Marital Status:Single
Deceased Status:Alive
Cell Number:+27 82 555 1847
Email Address:sample.person@example.co.za
Address Line1:42 Oxford Road
Address Line2:Rosebank
Postal Code:2196
By industry
Start with your sector
Industry pages translate the same FICA and fraud-prevention controls into the reports each team usually needs.
FAQ
FICA compliance questions
Does running VerifyNow reports make my business FIC compliant?+
No. Reports are evidence for your CDD, AML/PEP, bank-verification or KYB file. FICA compliance also requires accountable-institution registration where applicable, an RMCP, risk ratings, record keeping, monitoring and reporting decisions.
When should I use the KYC Bundle?+
Use the KYC Bundle when you need a stronger onboarding record in one result. It combines Home Affairs ID + Photo with Consumer Trace Lite context where available, which is useful for CDD and fraud-prevention workflows.
Is AML/PEP screening always required?+
Targeted financial sanctions and PEP-related obligations are part of FICA risk controls for accountable institutions. The exact timing and depth of screening should follow your RMCP, customer risk rating and current FIC guidance.
Where do I file suspicious transaction reports?+
FIC reports are filed through goAML where a reporting duty is triggered. VerifyNow helps with verification evidence, but it does not file suspicious activity, cash threshold or other statutory reports on your behalf.
Build your first CDD file
Use the toolkit to define the workflow, then run the checks that match your customer, entity and risk profile.