As with any broker, we have a legal obligation to check the identity of all our customers, both new and existing, not only to comply with Anti-Money Laundering (AML) regulations, but also to protect you as a customer from criminals who might try to use your identity without you knowing.
Which is why, when you lease a vehicle with Nationwide Vehicle Contracts, you will be asked to supply documentation as proof of identity.
We may also require some additional information, especially if you are not currently in full time employment, have moved home frequently, or if you’ve only been with your current employer for less than five years. This is purely to make sure that you are able to afford the lease you have applied for.
Once your finance application has been approved, you will be asked to provide photographic Proof of ID and Proof of Address documents. We will keep a copy of these for our records, but depending on the finance provider, you can supply photocopies of the following documents, scanned copies or original documents. We will obviously let you know the requirements once the application has been approved.
Send as soon as possible, preferably within 24 hours:
This is sent as a scanned document via email, and this proof of ID will be used to verify the signature on your documents. Please note that if the signature differs once we have received the other paperwork required (below), you will have to provide further proofs or possibly resign the whole agreement. Please ensure your signatures match.
Other documents that, depending on finance provider, may be accepted are:
Please note that landline or mobile phone bills, insurance documents, card statements or water bills are not accepted as proof of address.
As stated above, we will inform you what is actually required when it comes to supplying the physical evidence. Some finance providers allow you to provide unaltered black and white photocopies of identification, while others require originals that must include photocopies of pages that contain the following – photographs, reference details, transactions and current UK entry/residence visas. The name and address detailed on your identification must be the same as the name and address you provide us during your application, and occasionally, there may be additional checks and documents required.
After checking out the Business Leasing Finance Eligibility Quiz, and then filling out the online Business Finance Application Form, you will be asked to provide the following information, as we have to check for account holders and company officers (directors and people with significant control).
Depending on business circumstances, such as the business being less than a year old, or having previously been denied vehicle finance, we will ask for some additional information such as:
Check above for what information needs to be supplied in paper form, but we will also let you know what physical ID is required.
For your financial security, rest assured that any financial details that you supply are safe with us, and if you have any questions regarding what is required, or on any other matter regarding Personal Leasing or Business Leasing, then contact one of our Customer Service Advisors now.