Know Your Customer Document

"Know Your Customer" (KYC) is a critical process for businesses, financial institutions, and other entities. It encompasses identity verification to thwart fraud, evaluating a customer's financial history for well-informed decision-making, and tracking transactions to unearth and report dubious activities. KYC serves as a cornerstone for ensuring regulatory compliance, thwarting financial crimes, and mitigating risks, ultimately fostering security and building trust with customers.