Process your payments securely through Legl without the need to disclose banking details upfront. Resulting in your firm getting paid faster, reducing lock-up and debtor days, and deliver exceptional digital-first client experiences.
How does this integration play into anti-money laundering requirements?
The integration will allow you to connect both your client and office accounts so funds are always being directed to the correct account. When money is requested via Legl, the client can only pay the amount you've submitted, which minimises the risk of accidental digits being added to the payment amount, which causes undue stress from an MLRO standpoint.
How are payments from third parties dealt with?
You will see the full card holder's name and email address to identify if the person who paid was someone other than your client. You can then follow your firm's AML policy to complete KYC checks on that individual.
How do I stop individuals who are not our clients paying through the website?
You can add validation to the invoice and reference fields so individuals can only submit payments if they have a valid invoice or matter reference number. Please reach out to [email protected] if you would like to have this added.