Knowyourcustomer (KYC) is the process of a business verifying the identity of its clients. The term is also used to refer to the bank regulation which governs these activities. Knowyourcustomer processes are also employed by companies of all sizes for the purpose of ensuring their proposed agents', consultants' or distributors' anti-bribery compliance.
What is KYC ?
Modified on: Wed, 16 Oct, 2019 at 6:50 AM
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