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The JFSC said:- CDD & ELECTRONIC UTILITY BILLS

06/12/2021

Q1

With the rise of fintech banks (Monzo, Revolut etc.), and if we do not have reasonable suspicion that a document has been tampered with, do we still need to request a further utility bill to corroborate this information?

  • JFSC say
    • Where you have no suspicions about the integrity and accuracy of the electronic statement, then no further corroboration would be required.

Q2

When verifying an electronic utility bill, would a second electronic bill be acceptable?

Or even a non-certified second document?

  • JFSC say
  • The additional corroboration should be sufficient to give you comfort regarding the accuracy of the information contained within the electronic statement.
  • A further, non-certified electronic statement is unlikely to be sufficient.

Source

as shown here:

JERSEY YOUTUBE-IMAGE