Bonafidee is used by organisations to electronically sign important documentation and in doing so, verifying the signatory's identity. Identifying the signatory as who they say they are forms part of an organisation's due diligence procedures, for example, for pre-employment screening and on-boarding new clients and meeting their obligations for anti-money laundering (AML) and know your customer (KYC) compliance.
Whether you require a client to sign a document there and then (perhaps in-store or at your offices) or sign a document remotely in their own time and at their convenience, an e-ID check is typically the first step in Bonafidee’s e-signature process. Unless you choose to ‘self-certify’, each signatory will be checked and verified against independent data sources to authenticate their identity. If you require multiple signatories to sign the document, you can specify in what order. Should the need arise, you can even indicate how long the document is valid for.