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.
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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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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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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.

  • 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").

  • 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.

  • DURATION OF THE AGREEMENT AND RIGHT TO CANCEL Once we have completed your due diligence and KYC Procedure, you will be informed and confirmed your account being activated, this agreement shall commence.

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

  • The Company shall process such request in accordance with Section  hereof and the KYC Procedure.

Related to KYC Procedure

  • Dispute Resolution Procedure means the procedure for resolution of Disputes set forth in Article 18;

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

  • 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;

  • Dispute Resolution Process means the process described in clause 9

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

  • Variation Procedure means the procedure for carrying out a Variation as set out in Clause 16.1 (Variation Procedure);

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