Client onboarding process
The client onboarding process in Australia refers to the steps and procedures that businesses and financial institutions follow to establish a relationship with new clients or customers. It is a crucial phase as it sets the foundation for a successful and compliant partnership. The following outlines a general client onboarding process tailored for businesses operating in Australia
Identification and Compliance:
The first step in the onboarding process is identifying potential clients and conducting due diligence to ensure compliance with relevant regulations. This involves gathering necessary information about the client, such as their name, address, identification documents, tax identification number, and other essential details. Businesses must also adhere to Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations, which may require conducting Know Your Customer (KYC) checks.
Ongoing Relationship Management:
Client onboarding is not a one-time event but an ongoing process. Regular communication and relationship management are crucial to ensure client satisfaction and address any changing needs or circumstances.
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Canada Skilled Immigration Programs
Canada offers several skilled immigration programs that allow skilled workers from overseas to obtain work permits and work in the country. The most common skilled immigration pathway is the General Skilled Migration (GSM) program, which includes the following visa subclasses
Prepare and submit your visa application along with all required documents, including the positive skills assessment, proof of English language proficiency, health and character checks, and other supporting evidence.