A bank account review often starts with a short question and expands when the answer does not match transaction history. A prepared file is faster than searching old chats after an incoming payment is held.

Answer the practical question first

For a company team, the useful question is not whether a task appears on a calendar. It is whether the Global record can be matched to the correct entity, responsible person and filing evidence.

This article addresses a practical task and is not case advice. Its purpose is to show what to check first, where a reasonable person can misread the position and which evidence should remain after the task is closed.

Checks before filing or action

Before submission, work backwards from the intended result and confirm that each item supports it.

  • Map beneficial owners, controllers and authorised signatories.
  • Describe the business model and expected account activity in plain terms.
  • Link major receipts and payments to contracts, invoices and counterparties.
  • Explain capital, shareholder loans and unusual transfers with dated evidence.

Why cases stall here

Generic descriptions such as 'consulting' or 'investment' rarely explain why a particular amount moved between particular parties. The file needs transaction-level context.

Run one final reverse check

Maintain a current ownership chart, business narrative, sample contracts, invoice trail, bank statements and approval records. Remove expired or superseded versions so the pack tells one consistent story.

Check the result shown by the authority, not only the screenshot of your own submission. Record any difference as an open item.

Publication date: 2026-09-14; editorial review date: 2026-09-14. The publication date completes the website category timeline; sources were checked on the editorial review date. This article is based on public information from Financial Action Task Force and provides general information, not legal, tax, immigration, education or financial advice. Recheck the official page and account notices before acting on a particular case. Source: Financial Action Task Force.