Video KYC definition

Video KYC means Video based Customer Identification Process i.e. a method of Card member identification by an official of Citibank by undertaking seamless, secure, real-time, consent based audio-visual interaction with the Card member to obtain identification information including the documents required for Due Diligence purpose, and to ascertain the veracity of the information furnished by the Card member, in accordance to RBI circular DOR.AML.BC.No.27/14.01.001/2019-20 dated January 9, 2020.
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Video KYC or „V-CIP‟ means live video-based Customer Identification Process to be carried out by an official of the Bank for establishment of an account-based relationship with an individual customer, after obtaining his informed consent in terms of RBI and Bank‟s KYC policy.
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Video KYC means the process of performing Know Your Customer (KYC) verification by capturing the Live photograph of the customer and of the various documents (including but not limited to officially valid document) along with capturing the Live location of the customer through a two-way video call between the customer and an ICICI Bank Official.
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Examples of Video KYC in a sentence

  • The Card member understands, accepts that the Video KYC facility (“Facility”) is available only for Card members who are present in India during working hours and days (excluding Bank holidays) as determined by Citibank.2. By opting for this Facility, the Card member consents to provide and allow Citibank and its representatives, officers, agents to record over video call, the Card member’s photograph, PAN and /or Officially Valid Documents and other details provided by the Card member.

  • Upon completion of a project, the remaining warranty risk is reassessed.

  • Citibank shall not be responsible if there is any delay, error in transmission or interruption in internet/network or connectivity at any stage of the Facility due to which video KYC process could not be completed.7. By submitting my Aadhaar number to Citibank during Video KYC, Card member confirms and authorizes Citibank to authenticate his/her Aadhaar number with UIDAI using Aadhaar OTP validation.

  • The process of Video KYC shall be available to customer when the customer has specifically opted for Video KYC feature to complete his KYC verification.

  • PPI division of the company enjoys direct connectivity with various networks including NPCI and VISA offering a range of propriety financial products including Buy Now Pay Later (BNPL) and API Neo-Banking.During the Financial Year 2020-2021 Companyhas become the first non-Bank in India to certify and market contactless RuPay cards, enable Video KYC (V-CIP), issue co-branded cards, and complete UPI and FASTag certifications.

  • Bank intends to purchase 11000 tablets for operating various Bank’s applications and its eco system viz Video KYC, Tabulous Banking, Customer Relationship Management (CRM) etc.

  • Bank reserves the right to go ahead and close such Savings Account opened through the Video KYC Process where it is found that the Customers Address identified through OVD / Lat Long Location check is in a city where Suryoday Bank does not have its Bank Branches.Click here https://locate.suryodaybank.com/#/ for list of Branches.

  • For the convenience of customers to open an account from the comfort of their home or office, a new account opening facility through Video KYC (Know Your Customer) was launched on 22.04.2021.

  • Customer understands and agrees that, pursuant to the provisions under applicable laws, approvals/ permissions, and policies of ICICI Bank, ICICI Bank may be required to perform full- fledged KYC and Customer due diligence including through Aadhaar based biometric verification for regularization of the InstaSave Account, physical verification or Video KYC as per the terms and conditions mentioned herein (“Account Regularisation”).

  • Image-Based Processing at Liability CPC & Video KYC Based Account Opening: For opening new accounts in most customer categories (Individual & Non-individual) more quickly and efficiently, image-based processing has been initiated in the year 2021-22.


More Definitions of Video KYC

Video KYC means Video based Customer Identification Process i.e. a method of Card member identification by an official of Citibank by undertaking seamless, secure, real-time, consent based audio-visual interaction with the Card member to obtain identification information including the documents required for Due Diligence purpose, and to ascertain the veracity of the information furnished by the Card member, GCG/BR/PN/Credit Cards/CM-T&C-8-22 and GCG/BR/PN/Credit Cards/PFC-T&C-8-22in accordance to RBI circular DOR.AML.BC.No.27/14.01.001/2019-20 dated January 9, 2020.
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Related to Video KYC

  • Video programming means programming provided by, or generally considered comparable to programming provided by, a television broadcast station.

  • Video means the delivery of behavioral health services

  • Video programmer means a person or entity that provides video programming to end-user

  • Open video system means an open video system authorized pursuant to 47 U.S.C. § 573 and, for

  • Game has the meaning ascribed to that term in the Control Act;

  • Programming means the process of organisation, decision-making and allocation of financial resources in several stages, with the involvement of partners in accordance with Article 5, intended to implement, on a multi-annual basis, joint action by the Union and the Member States to achieve the objectives of the Union strategy for smart, sustainable and inclusive growth;

  • Artwork has the meaning set forth in Section 1.6(a).

  • Television means a system for transmitting visual images and sound that are reproduced on screens, and includes broadcast, cable, on-demand, satellite, or internet programming. Television includes any video programming downloaded or streamed via the internet.

  • Video service means video programming, cable services, IPTV, or OVS provided through facilities located at least in part in the public rights-of-way without regard to delivery technology, including internet protocol technology. This definition does not include any video programming provided by a commercial mobile service provider defined in 47 USC 332(d) or provided solely as part of, and via, a service that enables users to access content, information, electronic mail, or other services offered over the public internet.

  • Television Channel means Zee Group Channel, which has been granted permission for downlinking by the Central Government under the policy guidelines issued or amended by it from time to time and reference to the term ‘channel’ shall be construed as a reference to “television channel”

  • broadcast means the transmission, relaying or distribution by electronic communications network of communications, sounds, signs, visual images or signals, intended for direct reception by the general public whether such communications, sounds, signs, visual images or signals are actually received or not;

  • Catalogue means the catalogue of IT Products available for Order under the provisions of the Framework Agreement.

  • Download means copying data from one computer system (for example a backend server) to another (for example a vehicle).

  • Magazines means magazines and other materials printed on similar paper.

  • Motion picture means a nationally or internationally distributed

  • Licensed Content means those articles or other parts of a Licensed Title which form part of the content licensed in accordance with the Order (including all content published during the Subscription Period or other period specified in the Order to which access and use rights are granted under this Licence, and including all Previously Subscribed Material).

  • Games means games of chance.

  • Billboard means a public display used to advertise, including:

  • Metadata includes all information created manually or automatically to provide meaning or context to other data.

  • Streaming means the transmission of a digital file containing audio-visual content from a remote source for viewing concurrently with its transmission, which file may not be stored or retained (except for temporary caching or buffering) for viewing at a later time.

  • Images means all types of visual content, including without limitation still photography, motion film or video and may include audio elements, whether generated optically, electronically, digitally or by any other means, and shall include all metadata, keywords, descriptions and captions associated therewith. Any reference to Images includes the whole or the part.

  • Channel means a natural or artificial watercourse with a definite bed and banks that conducts flowing water continuously or periodically.

  • Web Site means the website that you are currently using (xxx.xxxxxxxxxxxxxxx.xx.xx) and any sub-domains of this site (e.g. xxxxxxxxx.xxx.xxxxxxxxxxxxxxx.xx.xx) unless expressly excluded by their own terms and conditions.

  • Radio means a system for transmitting sound without visual images, and includes broadcast, cable, on-demand, satellite, or internet programming. Radio includes any audio programming downloaded or streamed via the internet.

  • Film means single media or multimedia entertainment content for distribution or exhibition to the general public by any means and media in any digital media format, film, or videotape, including, but not limited to, a motion picture, a documentary, a television series, a television miniseries, a television special, interstitial television programming, long-form television, interactive television, music videos, interactive games, video games, commercials, internet programming, an internet video, a sound recording, a video, digital animation, or an interactive website.

  • Cable Television Network means system consisting of set of closed transmission paths and associated signal generation, control and distribution equipment, designed to provide the Cable Service for reception by multiple subscribers.