What are the membership fees?
Full members :(Registered money transfer company only)- £180 (until December 2010)
Associate Members : (Other company/organisation) - £600 (until December 2010)
Associate Members : Associate members (Individual) - £300 (until December 2010)
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What are the membership requirements?
To be entitled to full membership, each applicant will have to demonstrate
the following:
*A written compliance programme, signed off by senior management
*Money Laundering Reporting Officer appointed
*Employee training programme in place
*Evidence of a Customer Due Diligence policy
*All records stored for at least five years
*Evidence of audits of anti-money laundering
compliance (internal/external)
Based on the written application forms, the Association may feel that the applicant Money transfer company is not yet at the
required standard for membership. UK MTA will offer support to enable the
application to meet the membership standard.
I am interested in the Association – how can I find out more?
Dominic Thorncroft is Chairman of the UKMTA for 2009/2010. Address for correspondence is: UKMTA, Second Floor, 145-157 St John Street, London, EC1V 4PY. Telephone:
0207 635 6634 Fax: 0207 692 0244. Mobile phone: 07950 452992. Email: dominic.thorncroft@ukmta.org.