KYC definition

KYC means Know Your Customer.
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KYC means Know Your Customer;
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KYC means identity verification and recordkeeping procedures under AML Regulation and applicable securities laws.
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Examples of KYC in a sentence

  • The requirement for making a payment is that the account is verified and has passed all the relevant KYC procedures.


More Definitions of KYC

KYC means ‘know your customer’ information; the basic customer due diligence information and data that financial services companies must gather in order to meet anti-money laundering requirements and to understand clients and meet Suitability and/ or Appropriateness obligations.
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KYC. S” means Know your Clients.
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KYC means “Know Your Customer” and constitutes our verification of your Personal Details.
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KYC means Know Your Customer guidelines adopted by Us for the purpose of identification and verification of the Customer, pursuant to the Regulations issued by Reserve Bank of India, from time to time.
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KYC means Know-Your-Customer, a process required by the BSP to establish and verify the identity of a Cardholder through face-to-face contact, gathering of information and requiring the Cardholder to submit and/or present documentation and/or complete his/her application.
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KYC means Know Your Client.
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KYC means Know your Customer guidelines adopted by the Bank for the purpose of identification and verification of the Customer, pursuant to the guidelines, circular and notifications, issued by the Reserve Bank of India, from time to time.
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