Common use of Know Your Customer (KYC Clause in Contracts

Know Your Customer (KYC. In line with international best practise and our Know-Your-Customer (KYC) obligations, we need to know that our customers are at least 18 years old and their personal identity and financial status are known before we can issue an EmbassyCard card, or open an EmbassyCard Account for them, or a Bank account referral to our partner banks to open a bank account for a new unbanked customer or merchant.

Know Your Customer (KYC. In line with international best practise and our Know-Your-Customer (KYC) obligations, we need to know that our customers are at least 18 years old old, and their personal identity and financial status are known before we can issue an EmbassyCard card, or open an EmbassyCard Account for them, or a Bank account referral to our partner banks to open a bank account for a new unbanked customer or merchant.