100 point ID
Anti Money Laundering Counter Terrorism Financing
Prior to 2008 there was an identification system used in Australia for identifying new financial account holders. The 100 point ID followed a generic form format that was similar across most lenders. A total of 100 point or more were needed to achieve a pass. For example a Passport or Birth Certificate at a value of 70 points combined with a drivers licence at a value of 40 points achieved a pass with 110 points in total. Click to Read more..
