AML compliance built for Saudi real estate brokers
Property deals move large sums quickly, and an inspector may ask for evidence without notice. Sanad keeps each client, deal, decision, and retained document traceable, with missing evidence shown before an inspection request arrives.
What makes real estate hard
Large, lump-sum deals
A single sale can cross the cash and high-value thresholds at once. You need both flags raised and explained, not buried.
Payments split to stay under the line
Buyers pay in installments or across several accounts. Structuring checks have to look across the whole relationship, not one receipt.
Owners hidden behind companies
Many buyers are companies. You have to find who really owns them, screen each one, and record the 25 percent basis or the senior manager fallback.
How Sanad handles it
Onboard the client
Capture the person or company once, with the National ID or commercial registration and the national address. No relationship goes active without it.
Screen before you sign
Every party and every beneficial owner is checked against sanctions and PEP lists before the deal proceeds. A live sanctioned match blocks it.
Score the risk
A real estate profile uses higher value and longer dormancy defaults, so the alerts fit how property actually trades.
Monitor every payment
Each transaction runs through the rules tuned for your sector. Structuring across installments and round amounts are caught and explained.
Submit, then record evidence
After the MLRO submits through TAQASIY, Sanad records the real reference and receipt. The sealed export includes that evidence without claiming an unproven filing.
Real estate questions
Does it cover both brokers and developers?+
How do you handle a company buyer's owners?+
Are the thresholds fixed?+
Ready for your next inspection
See a real estate file move from onboarding to an evidence-backed report.
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