Mining, Engineering & Construction Machinery
If your business buys, sells, or trades heavy machinery and/or industrial equipment valued at R100,000 or more, you are legally classified as a High-Value Goods Dealer (HVGD) and must comply with ALL FICA requirements.
Trusted by hundreds of law firms, financial institutions, high-value goods dealers and other discerning businesses
Part of High-Value Goods Dealers
Mining, engineering & construction machinery is one of several HVGD sectors nCino KYC supports.
Whether you have a compliance team or not, nCino KYC takes the hours and complexity out of FICA compliance by giving your team the software and services to work faster, smarter, and with complete confidence.
Here's fast, trustworthy FICA Compliance that looks out for your business and why others chose us:
Document free FICA that fits into your client onboarding process with no delays, no complicated paper work and no back and forth emails!
Verify clients digitally during the sales process. No photocopying IDs, no chasing documents, no bottlenecks before handover.
All information and documents get captured, verified, and stored in one place, giving you a complete audit trail that’s ready for any inspection.
Simple enough for your whole team. The system guides your team through what’s needed and flags anything that requires attention.
Reasons to choose nCino KYC
Less manual verification work, make your FICA onboarding process paperless.
Get up and running fast, you don't need to be a compliance expert.
Hundreds of South African Accountable institutions have chosen nCino KYC for years
We offer both the software and compliance services to enable you to be confident in your FICA compliance process
What our solution offers
One platform covering every FICA obligation for machinery and equipment dealers — from onboarding through ongoing screening and expert support.
Solution
FICA Compliant Onboarding
nCino KYC makes the collection and analysis of customer information & documents a breeze, saving you hours of valuable time, and eliminating human error.
Solution
Watchlist & Media Screening
Screens your clients daily against sanction and Anti-Money Laundering (AML) watchlists, and combs through billions of online news articles for
adverse media.
Solution
Risk Rating & Client Review
Our Automated Client Review solution is a fully-configurable, powerful tool which allows you to define, create and implement a risk rating solution.
Solution
Real Time Bank Account Verification
Verifying whether the bank account details provided by your client are correct, valid and belong to the account holder in question.
Solution
Expert FICA Advice & Services
Chat to our Compliance Services team for advice & guidance on all FICA & Anti-Money Laundering (AML) related questions.
Solution
CPD Approved FICA Training
Training on topics including money laundering, terrorist financing, suspicious behaviour, the consequence of non-compliance and so much more.
The FICA Handbook for High-Value Goods Dealers
A practical, plain-language guide to your obligations under the FIC Act, what to collect, when to verify, and how to stay inspection-ready.
Book a Demo
Experience the full capabilities of our platform and discover how it can benefit your business.
