answersLogoWhite

0

The Know Your Customer (KYC) process should be performed when a business establishes a new relationship with a customer, and periodically thereafter to ensure compliance with regulations and to manage risks effectively.

User Avatar

AnswerBot

8mo ago

What else can I help you with?

Related Questions

What is Know your customer?

The term "know your customer", or KYC, is the process used to verify the identity of a business's customer. KYC is also used to refer to bank regulations that conducts these activities.


What should entrepreneurs know about potential customer?

Their demands


How should you know your customer id in hdfc bank?

You can know your Custer motor ID by looking at your monthly statement. The customer ID is always at the upper left-hand corner of the customer statement.


Should I let my customers know my other customers' name?

You should not talk about a customer to another customer at all...No! even though it is very unprofessional no names should be mentioned


If a customer is taking awhile to get their point across but you know the answer to their question you should jump in and offer the answer?

You probably should.


What is the difference between customer service and sales?

the difference between customer service and sales is: in customer service you should be listening to your customer and be able to relate to anything they say or do, you should be able to help and understand the customer and know their needs. In sales your job is to be able to pitch anything to anyone whether they like or need it.


How should you know your customer id in axis bank?

check first page of your cheque book


How should know login id in axis bank?

your customer ID is your iconnect login id


What were Shakespeare's intentions for taming of the shrew?

Shakespeare intended that it should be performed as a play, what else? We don't know anything about how it was performed.


Who performed the Halling dance in Norway?

who performed you should write the answers to every question so that people know what they are looking for..


Can tubal ligation be performed when you have your period?

ask your bloodclart doctor they should know the answer


How to write Sample letter to new customer?

When writing the letter, you want to thank the customer for their business. You should also let them know how you can be contacted if they ever have a problem.

Trending Questions
What does common law means? The losing side of a legal case has the right to do what? What principle of the Constitution allows Congress to override a presidential veto? Why was New York targeted by the authors of the federalist papers? What is the noise ordinance law in Santa Rosa County? Where can someone find information about Limited Liability Companies? What kind of trial happens when someone is accused of breaking the law? What happens when you go to jail the first time? Law after 5 years of marriage? Why do you think several states took so long to ratify the nineteenth amendment? What kind of clothes do lawyers wear that begins with an L ends with S and have 8 letters? If you got a real estate property by a grant deed with no escrow and you cant find the previous owner to redo the transaction and title company want insure it what is the legal way to clear title? Was there any situation such as a civil war or genocide that the United Nations did not intervene in because of their seventh principle but if they had it may have helped? How do you file a complaint against a county courthouse which is in violation of state and federal law? Who wrote the book of Jack the Ripper? Can a search warrant be thrown out if the city was incorrectly listed in the address then was whited out then corrected with pen with no initials from the judge that signed it confirming the change? What was the usual age for girls to be married? Can you ride in a 5th wheel camper in Iowa? If buyer requests a release from contract can seller choose to enforce the contract? Does a right of way transfer to new owner?