A politically exposed person meaning is someone who holds a prominent position or has great influence in government or politics. They can be Government Officials, Political Party Leaders, Military, and Law Enforcement Officials.

Surepass PEP Match API provides comprehensive details about a politically exposed person (PEP). These details help verify the PEP accurately and reduce the risk of fraud. You can get the politically exposed person list with a bulk search feature to enhance the efficiency of the verification process.

How Does it work?

• Input: Full Name of PEP, DOB, Nationality, and Address.
• Output: Profile Confidence Score, Name Variations, Nationality, Positions Held, etc.

Use Cases

• Financial Institutions for KYC and AML Compliance: Banks and financial institutions can integrate the PEP Match API during the KYC and AML check process. With accurate verification of Politically Exposed Person India​, they can evaluate risk and take necessary action. It will ensure compliance with KYC regulations.

• Insurance Company for Risk Assessment: Insurance firms can use this PEP Match API to evaluate the risk related to high-value clients or policyholders. Insurance companies can implement enhanced due diligence measures to reduce financial risks by identifying politically exposed persons.

• Real Estate Agencies for Property Transactions: Real Estate agencies can integrate this API to verify buyers or investors in property transactions. This helps in preventing money laundering activities and ensures compliance with international regulations related to politically exposed persons.

• Legal and Consulting Firms for Client Onboarding: Legal and consulting firms can use the API for politically exposed person checks​ during client onboarding to identify PEPs. This will help in legal precautions and manage potential conflicts of interest.