4 A B C D E F G H I J K L M N O P R S T U W

Know Your Customer (KYC)

What does Know Your Customer (KYC) mean? Know Your Customer (KYC) is the process of the identification and verification of individuals/legal entities via identifying information, (i.e. legal name/address) & the verification of those details to identify fraudsters, money laundering, terrorist financing, etc. What are KYC requirements? Know Your Customer requirements differ between banks in different

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