LEGAL ENTITIES, PARTNERSHIPS & TRADERS
IDENTIFICATION AND LEGITIMATION
Under the provisions of Sec. 10(1) no. 1 GWG (German Money Laundering Act) in connection with Sec. 11(1) GWG and Sec. 11(4) no. 1 GwG, Arval Deutschland GmbH, as a leasing company, is required to identify the contracting party / lessee, the beneficial owner, and the person(s) acting on behalf of the contracting party.
The acting person(s) have to prove their identity by means of the POSTIDENT link received by them.
A (natural) person acting on behalf of the contracting party is the person who pretends to act in the name of the contracting party / lessee. This does not require any physical presence on site (thus including, e.g., online business activities). This concept covers both the persons acting as authorized representative and legal representatives (e.g.: general managers / board members, authorized officers).
Acting persons include any natural person who signs contracts with Arval Deutschland GmbH on behalf of the contracting party / lessee.
Each acting person, except if he/she is a general manager or an authorized officer, is also required to present a "signed power of attorney” for legitimation.
In general, a power of attorney is retrieved from a general manager or an authorized officer or from an acting person who was authorized by a general manager or an authorized officer.
The contracting party / lessee is required by Sec. 11(6) of the GwG to cooperate and update these details. For documentation purposed as provided in Sec. 8(2) GwG, a copy of the relevant documents must be made and kept.
We recommend that you perform the following steps in the order given for the purpose of the KYC verification. This will help you to perform the following actions:
- Identification of the acting person(s):
Each person acting according to the above definition is required to proof his/her identify via the POSTIDENT procedure. Please use the following link:
- Power of attorney:
Please note that a power of attorney must be printed out and legally signed for each of the acting persons.
After the power(s) of attorney have been signed, please upload the document(s) to our web form. For this purpose, the section "Acting person" provides an upload function for uploading the document(s).
- Web form:
Once the signed powers of attorney for all acting persons are available, please complete the web form.