KYC Procedure definition

KYC Procedure means an identification procedure that requires at least provision of a valid passport / ID card and bank statement or other identification document, as well as a selfie of the person, together with the presented identity document in real time. The identification is done with an automated system and Paynetics and/or the Agent may require additional information.
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KYC Procedure means a procedure aimed at determining the identity of an individual user or an organization. The KYC procedure may be conducted by the PO via third party service provider in accordance with the applicable GDPR protection measures and applicable Privacy Policy. The PO shall reserve the right to complete this KYC procedure before enabling some or all functionalities of the Pools.
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KYC Procedure means the procedure to be followed in accordance with the Financial Transactions Reporting Act No. 6 of 2006;
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Examples of KYC Procedure in a sentence

  • Thus, under its KYC Procedure, the Fiscal Agent will identify the Issuer as well as verify the identity of the individuals involved in the management of the Issuer and will therefore collect the supporting documentation necessary to fulfill its obligations.

  • KYC Procedure, the Client acknowledges that if he/she provides any personal information that are false, inaccurate, and/or incomplete, the Company may restrict or terminate his/her use and/or access to the trading account, platform and services.

  • The Issuer may be required to provide, at the request of the Fiscal Agent, a certificate confirming compliance with its obligations under the KYC Procedure.

  • The Issuer hereby represents and warrants that it has internal procedures and organisational arrangements to ensure compliance with their “Know Your Customer“ obligations (hereinafter the "KYC Procedure").

  • Any additional required document is considered a part of our KYC Procedure.

  • The Client agrees that he/she must provide any additional documentation as requested by the Company as part of its KYC Procedure.

  • KYC Procedure, the Client must provide all required information and documents for verification means.

  • The Purchaser understands and accepts that he may be refused to receive CTY Tokens without completing the KYC Procedure.

  • The individual person passes the KYC Procedure by submitting the documents designated in clause 4.8. 4.11.

  • The Company submits to the Client the list of documents and data s/he shall provide to conduct KYC Procedure for the Client Account opening.

Related to KYC Procedure

  • Dispute Resolution Procedure means the procedure for resolution of Disputes set forth in Article 26;

  • Staff Vetting Procedure means the Authority’s procedures for the vetting of personnel and as advised to the Contractor by the Authority.

  • Rules of Procedure means the rules of procedure adopted by the Fund Council for the management of its own business, as originally adopted on July 16, 2010 and amended from time to time.

  • Complaints Procedure means the School's procedure for handling complaints from parents, as amended from time to time for legal or other substantive reasons, or in order to assist the proper administration of the School. It does not form part of the contract between you and the School. A copy of the most up-to-date procedure is on the School's website and is otherwise available from the School at any time upon request;

  • Procedure means one or more surgical procedures or medical therapy performed in a Center of Excellence.

  • AML/KYC Procedures means the customer due diligence procedures of a Reporting Finnish Financial Institution pursuant to the anti-money laundering or similar requirements of Finland to which such Reporting Finnish Financial Institution is subject.

  • Grievance Procedure is used in this Agreement, it shall be considered as including the arbitration procedure.

  • Dispute Resolution Procedures means the procedures outlined in Annexure A of the MSA Determination.

  • Dispute Resolution Process means the process described in clause 9

  • Accounting Procedure means the principles and procedures of accounting set out in Appendix C.

  • Dispute Resolution means the procedure set forth in this LGIP for resolution of a dispute between the Parties.

  • Criminal Procedure Act means the Criminal Procedure Act, 1977 (Act No. 51 of 1977);

  • Mold remediation in accordance with professional standards means mold remediation of that

  • Variation Procedure means the procedure for carrying out a Variation as set out in Clause 19.1 (Variation Procedure);

  • Written Procedure means the written or electronic procedure for decision making among the Bondholders in accordance with Clause 18 (Written Procedure).

  • Change Control Procedure means the procedure as set out in Schedule 3 (Change Control Procedure);

  • Expedited Deliverability Study means a deliverability study that an eligible Developer may elect to pursue as that term is defined in OATT Section 25 (OATT Attachment S) that may determine the extent to which an existing or proposed facility satisfies the NYISO Deliverability Interconnection Standard at its requested CRIS level without the need for System Deliverability Upgrades. The schedule and scope of the study is defined in Sections 25.5.9.2.1 and 25.7.1.2 of this Attachment S.

  • Standard operating procedure means a formal written procedure offi- cially adopted by the plant owner or operator and available on a routine basis to those persons responsible for carrying out the procedure.