What is kyc?


Upload Image

Report Form

Question: What is kyc?

Topics: kyc

Paste old question below.

Available Answers: 1

Answer #1#


The know your customer or know your client guidelines in financial services requires that professionals make an effort to verify the identity, suitability, and risks involved with maintaining a business relationship. Know Your Customer or KYC is an important term used by businesses and refers to the process of verification of the identity of the customers. KYC or KYC check is the mandatory process of identifying and verifying the identity of the client when opening an account and periodically over time. To do it without much hassles, KYC method is used in. What is KYC? · Customer Identification Program · Customer Due Diligence · Ongoing Monitoring · Corporate KYC · eKYC Verification · Mobile KYC.


Answered By:


Austin, United States

Only Logged in users can post reply.

More Questions


Lost Password!

Create Account

Wait Processing...