What is KYC

KYC is short for Know Your Customer.

KYC verification is the process of verifying a customer’s identity to help comply with Know Your Customer regulations. Regulated businesses need to get personal identifying information from the prospective customer and check that it is accurate and legitimate.

Know Your Customer (KYC) procedures are a critical function to assess customer risk and a legal requirement to comply with Anti-Money Laundering (AML) laws.

Know Your Customer (KYC) standards are designed to protect financial institutions against fraud, corruption, money laundering and terrorist financing.

To use our service you must undergo KYC verification.