Westpac customer identification and verification
Why we need to identify you
Westpac Banking Corporation (Westpac) ABN 33 007457141, AFSL and Australian credit licence 233714, identifies its customers according to the requirements of the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Act 2006 (the “Act”) and the AML/CTF Rules (the “Rules). Under this Act and Rules, Westpac collects information from you to confirm who you are before we provide you with any designated product or service, or make you an authorised signatory to a designated product or service.
We also need to verify certain aspects of the information collected from you.